Afghanistan, Central Asia and Azerbaijan to reduce barriers to trade & transport

Afghanistan, Central Asia and Azerbaijan to reduce barriers to trade & transport

Monitoring Desk

KABUL: Afghanistan, the Central Asians of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan, together with Azerbaijan together with Azerbaijan will reduce barriers to trade and transport using UN legal instruments, standards and recommendations.

Calling the step as ‘decisive’, the United Nations Economic Commission for Europe (UNECE) said in a statement the step will significantly increase interconnectivity in the region. The statement further added “This will boost the regional market and cross-border supply chains, helping the countries to integrate with the economies of Europe and Asia.”

“It aims in turn to attract investments, technologies and innovation to the region that has been a cradle of civilization, trade and transport routes since ancient times,” the statement added.

This comes as Ministers from the region gather under the United Nations Special Programme for the Economies of Central Asia (SPECA), seizing this opportunity to catalyze their progress on the 2030 Agenda for Sustainable Development, according to UNECE.

Mr Batyr Bazarov, Minister of Finance and Economy of Turkmenistan, stated at the annual SPECA Forum on 20-21 November 2019 in Ashgabat “our goal is to make the region a modern centre of transport services and trade”.(Khaama Press)

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