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THE ROLE OF AZERBAIJAN PARTICIPATION IN THE FORMATION OF THE TRANS-CASPIAN TRANSPORT CORRIDOR

The Trans-Caspian International Transport Route has great potential for the development of trade relations between Europe and Asia. Azerbaijan, which is considered to be an important point on the East-West trade route, is extremely interested in the development of this road and the expansion of its transit opportunities. Measures to develop the transport system in the republic are also important for the development of the Trans-Caspian Transport Corridor. Significant steps have been taken in Azerbaijan to develop road, rail and sea transport. Passenger and cargo transportation is carried out on the routes Baku — Aktau and Baku — Turkmenbashi in the Caspian Sea. Nevertheless, the Trans-Caspian transport route is not yet one of the main routes. This is largely due to the presence of bureaucratic barriers and the lack of completion of the modernization of transport infrastructure and logistics systems in the Caspian basin countries. Elimination of these problems, simplification of border crossing procedures and creation of modern logistics centers are important conditions for the development of the TransCaspian Transport Corridor.