Rafi, Dilara (2024): Azerbaijan's Strategic Role in the Middle Corridor: Taking the spotlight in the globalized world and boosting Non-Oil Sectors via transit operations.
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Abstract
The Middle Corridor, a critical trade route connecting Europe and Asia, has gained importance after geopolitical challenges on the alternative routes, the Northern and Southern Corridors. Azerbaijan plays a strategic role in the Middle Corridor, investing in transport infrastructure and fostering regional cooperation. This paper examines Azerbaijan's efforts to enhance its position as a key global transit hub to strengthen its logistical capabilities, contributing to non-oil sector growth and economic diversification. Through regional partnerships, infrastructure projects, and improved multimodal transport systems, the country aims for capitalizing on its strategic location, further integrating into global trade networks. The paper concludes with recommendations for enhancing Azerbaijan's transit potential, emphasizing the need for digital innovations, regulatory reforms, and increased collaboration with corridor countries and global partners.
Item Type: | MPRA Paper |
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Original Title: | Azerbaijan's Strategic Role in the Middle Corridor: Taking the spotlight in the globalized world and boosting Non-Oil Sectors via transit operations |
Language: | English |
Keywords: | Middle Corridor, multimodal transport, non-oil sector, economic diversification |
Subjects: | R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R4 - Transportation Economics |
Item ID: | 122499 |
Depositing User: | Ms. Dilara Rafi |
Date Deposited: | 21 Nov 2024 14:57 |
Last Modified: | 21 Nov 2024 14:57 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/122499 |