Baku. TurkicWorld:
Peace between Azerbaijan and Armenia could more than double Middle Corridor’s traffic, Dr. Eric Rudenshiold, Senior Fellow at the Caspian Policy Center, said during the fifth annual Caspian Business Forum in New York, TurkicWorld reports.
Dr. Rudenshiold discussed the remarkable developments unfolding in the region, noting that, “The sleeping giant that is the Caspian region has been awakened.” Increased cooperation between countries in the region holds significant promise, commenting that peace between Armenia and Azerbaijan could enhance regional prosperity by more than doubling the Middle Corridor’s freight rail traffic.
“Increased Caspian connectivity is a genie that has escaped the bottle and will never go back,” Rudenshiold added. “What we see across the region now is the development of a common cultural space, regional identities, and regional innovation. Trans-Caspian countries are enjoying greater cooperation among themselves and with markets to the north, south, east and west—returning this region to its former crossroads status.”
