BNN: Azerbaijan - Uzbekistan's gate to international economics

BNN: Azerbaijan - Uzbekistan's gate to international economics Trapped in the landlocked confines of Central Asia, Uzbekistan has realized its objectives of integrating with the global economy through the bridge called Azerbaijan, says an article in BNN Breaking headlined "A Stride towards Europe: Azerbaijan as Uzbek
Foreign policy
August 10, 2023 18:00
BNN: Azerbaijan - Uzbekistan's gate to international economics

Trapped in the landlocked confines of Central Asia, Uzbekistan has realized its objectives of integrating with the global economy through the bridge called Azerbaijan, says an article in BNN Breaking headlined "A Stride towards Europe: Azerbaijan as Uzbekistan’s Gate to International Economics."

The article notes that in recent years, economic cooperation between these two nations has become increasingly strategic. Azerbaijan is acknowledged as Uzbekistan’s pivot to Europe, aiding the country in distributing its goods across the European market following the China-Uzbekistan-Turkmenistan/Kazakhstan-Azerbaijan route.

One of the critical aspects of this national relationship involves the development of logistics, the backbone of any commerce-oriented landscape, the article reads.

In the context of Uzbekistan’s quest to reach European markets, the role of logistics becomes significantly pronounced, the article says, adding that by operating through Azerbaijani transport corridors, Uzbek enterprises can ensure their goods reach European markets more swiftly and cost-effectively.

According to the material, recent discussions hint towards the construction of a logistics park, potentially funded through investments or soft loans from Uzbek companies: "This infrastructure could revolutionize the trade framework between these two nations, allowing for expedited exchanges of products and services."

The author of the article also notes that with the prospect of a logistics hub in Karabakh, Uzbek enterprises "could be motivated to ramp up their investment in the region, strengthening existing ties and creating fresh economic opportunities."

In this increasingly globalized world, the construction of strategic trading circles is paramount, the article says, adding that for Uzbekistan, "gaining access to Europe via Azerbaijan might just be the ticket to larger economic participation on the world stage."

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