№ 1, 2019

The influence of transcontinental railroads on the geopolitical and economic situation of Azerbaijan

Orujov P.Sh.

Baku State University Baku, Azerbaijan, Z.Khalilov str., 23, AZ114: porucov@bsu.edu.az

Summary. The article examines economic-geographical study of the railway infrastructure of Azerbaijan Republic and the efficiency of transit potential of the country in the Europe-Asia region. Also, the paper discusses the importance of transport and international transportation in the context of the globalization of the world economy and their impact on Azerbaijan’s international economic relations. Transcontinental railroads play significant role in the growth of both the country and its regions, in the international economic and political integration of countries. In the process of integration in world economy, Azerbaijan sets tasks for expanding their transport complex, also, for joining to global transport corridors. The target is to estimate the potential of the international railroad corridors, to substantiate its socio-economic benefits for our country. Azerbaijan plans to improve transport and railway infrastructure along the Great Silk Road and to expand trade links with Europe and Asia. We researched transcontinental railroad corridors demonstrating economic, political and cultural significance to ensure sustainable socio-economic development of Azerbaijan during the integration into the world economy. The role of the large transport corridors in Eurasia like Baku-Tbilisi-Kars, TRACECA, North-South and their impact for the economic integration of Europe and Asia was investigated. Additionally, the influence of the Baku-Tbilisi-Kars railway and the North-South international transport corridor on integration of Azerbaijan to global economy was studied.

Keywords: railway, international transport corridors, economic development, Baki-Tbilisi-Kars and North-South Railways, TRACECA



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