As The Country’s Transit Capabilities Grew, The Importance of Azerbaijan has Increased Significantly over Neighbouring Countries

Most probably due to the developments that has been taking place in these countries, keeping in view the expected lifting of international sanctions from Iran, Azerbaijan’s transit role is increasing significantly day by day. An increase in the trade transactions between Russia and the Islamic Republic is playing a vital role in strengthening Azerbaijan’s position in air cargo and parcel delivery services to transportation of goods through cargo trucks. Hire air cargo services from UK to Caribbean for sending your cargo to Caribbean at affordable prices.

What Can Be Supplied?

The importance of Azerbaijan increases many times as the best transit country for supplying gas and oil from Iran to the Europe. The Islamic Republic of Iran is one of those countries that have the highest energy reserves and been waiting for so long to supply its resources of hydrocarbon to the West.

Revival of Silk Road

Steps have been taken by two neighbouring countries to expand cooperation in the field of transportation. A memorandum of understanding to join the railways of Azerbaijan and Iran has been signed by Baku and Tehran. It is believed that the MoU signed during “Astara-Rasht meeting” is eventually going to revive the “Silk Road”.

During various periods of time, the Silk Road, also known as Silk Route, has been an ancient network of trade and cultural transmission routes through which the regions of the Asian continent were connected with the West and East from China and India to the Mediterranean Sea.

How Will It Benefit Azerbaijan?

This project will help Azerbaijan to achieve its goal of increasing revenues from non-oil sector and becoming the most important player in regional transport sector. Furthermore, it will be highly beneficial, both economically and timely, for Azerbaijan to access the world through Iranian roads.

For Azerbaijan to reach Europe, Asia, Africa and Persian Gulf, Islamic Republic of Iran is the shortest route.

According to Azerbaijan State Customs Committee, the trade turnover between Iran and Azerbaijan amounted $110.6 million in January-November 2015 and almost $80.5 million of this amount is from imports from Iran. Cargotocaribbean.co.uk offers reliable and legitimate Sea Cargo Services to Caribbean at cheap rates.