Azerbaijan news

Borrel writes from the Azerbaijan route bypassing Russia

Diplomat first of all, China and Europe, Kazakhstan, Azerbaijanmentions the Trans-Caspian corridor connecting Georgia and Turkey

European Union and Central Asian countries are interested in deepening mutual relations and developing corridors bypassing Russia.

About it Europe Commissioner of Foreign Affairs of the Union Joseph Borrel wrote.

According to Borrell, Central Asia is trying to diversify its relations and Europe He regards his union as “the most reliable partner”.

According to the chief diplomat of Europe European Union is also interested in developing relations with this region in terms of both energy carriers and “strategically important raw materials”.

Borrel admits that the existing bonds are very poorly developed. He thinks that many countries of Central Asia have access to European and world markets only Russia is through

Bitter experience

He notes that excessive dependence on Russia and lack of choice is dangerous and can be costly.

“We already have such a bitter experience,” says Borrell.

Diplomat first of all, China and Europe, Kazakhstan, Azerbaijanmentions the Trans-Caspian corridor connecting Georgia and Turkey.

Borrel notes that the European Bank for Reconstruction and Development is working on the feasibility study of this corridor and overcoming its possible difficulties.

According to Borrell Russia and China continue to play an important role in Central Asia, but European Union is already a trade and investment partner of this region.

EU to Central Asia Russia and invested a lot of money from China

According to the diplomat, the European Union is the last 10 to this region per year 100 billion has invested more than 100,000 euros, which is more than the investments of Russia and China in the region.

According to his words, the EU will add 300 more to this region billion plans to invest euros.

It is also noted that since Russia intervened in Ukraine, it has begun to develop its cooperation with the Central Asian region more actively due to the sanctions imposed by the West.

In October 2022, a summit in the “Russia-Central Asia” format was held for the first time in history.

Speaking at this conference Vladimir Putin declared that Russia is the largest investor in the Central Asian region.

According to him, Moscow’s direct investments in Central Asian countries 5 billion dollars organized.

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