Baku-Tbilisi-Kars Railroad: Future Opportunities and Prospects

Baku-Tbilisi-Kars Railroad: Future Opportunities and Prospects PDF Author: Mahir Humbatov
Publisher: MYKOLAS ROMERIS UNIVERSITY
ISBN:
Category : Architecture
Languages : en
Pages : 148

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Book Description
After centuries of neglect, the land transport corridors connecting Asia and Europe are on the brink of a rebirth. From practically nothing, a revived network of these land corridors is likely to lead to a considerable share of the freight revenues being generated by the increased trade between Asia and Europe. That is why there is fierce competition among the major players for control in shaping the Asia-Europe railway transport corridors. However, there are also new and exciting possibilities for cooperation among the various players. We will extensively examine and evaluate the transport corridors linking Asia and Europe. The Baku-Tbilisi-Kars railway project will be assessed from the perspectives of the three countries involved: Azerbaijan, Georgia and Turkey. It has been shown that the railroad will economically strengthen the region and better integrate the three host countries into international transport corridors. The Baku-Tbilisi-Kars railroad will certainly play a key role in helping to revive the Silk Road connection, thereby creating common interests and facilitating the transformation of the region. The BTK transport corridor will not only stimulate the economies of the countries involved but help wean them their off oil-dependence and restore their rightful place as major commercial hubs along the once-legendary Silk Road. The attraction of direct foreign investment and establishment of partnerships between the public and private sectors are key issues that will be explored in-depth in this book. By 2025, the region is expected to become a prosperous financial sector and transit area; a comprehensive strategy to that end which incorporates the principles of sustainable growth is being formulated by the countries involved.

Baku-Tbilisi-Kars Railroad: Future Opportunities and Prospects

Baku-Tbilisi-Kars Railroad: Future Opportunities and Prospects PDF Author: Mahir Humbatov
Publisher: MYKOLAS ROMERIS UNIVERSITY
ISBN:
Category : Architecture
Languages : en
Pages : 148

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Book Description
After centuries of neglect, the land transport corridors connecting Asia and Europe are on the brink of a rebirth. From practically nothing, a revived network of these land corridors is likely to lead to a considerable share of the freight revenues being generated by the increased trade between Asia and Europe. That is why there is fierce competition among the major players for control in shaping the Asia-Europe railway transport corridors. However, there are also new and exciting possibilities for cooperation among the various players. We will extensively examine and evaluate the transport corridors linking Asia and Europe. The Baku-Tbilisi-Kars railway project will be assessed from the perspectives of the three countries involved: Azerbaijan, Georgia and Turkey. It has been shown that the railroad will economically strengthen the region and better integrate the three host countries into international transport corridors. The Baku-Tbilisi-Kars railroad will certainly play a key role in helping to revive the Silk Road connection, thereby creating common interests and facilitating the transformation of the region. The BTK transport corridor will not only stimulate the economies of the countries involved but help wean them their off oil-dependence and restore their rightful place as major commercial hubs along the once-legendary Silk Road. The attraction of direct foreign investment and establishment of partnerships between the public and private sectors are key issues that will be explored in-depth in this book. By 2025, the region is expected to become a prosperous financial sector and transit area; a comprehensive strategy to that end which incorporates the principles of sustainable growth is being formulated by the countries involved.

The South Caucasus-centred Transport Hub: The Crossroads of the East-West and the North-South Corridors

The South Caucasus-centred Transport Hub: The Crossroads of the East-West and the North-South Corridors PDF Author: Mahir Humbatov
Publisher: Mahir Humbatov
ISBN:
Category : Business & Economics
Languages : en
Pages : 124

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Book Description
Countries situated mainly between China and the European Union are currently participating in a race to develop their transport, trade and logistics infrastructure to attract at least one of the threads of Silk Road that will carry goods and people across Eurasia. It is believed that development of the Europe-South Caucasus-Asia transport, trade and logistics infrastructure will reduce the cost of production and services, which are important to raise competitiveness and social well-being. Although the Europe-South Caucasus-Asia transport route is a shortcut way between the two continents, the soft and hard infrastructure along this way is not enough developed to meet the emerging demand for goods and passenger turnover. Huge investments required for the development of these routes could be invested by development banks (WB, EBRD, EIB, ADB, AIIB, IDB, BSTDB, ECO bank, and so on), governments and private sector. Different types of infrastructure financing models, including public private partnerships, for the upgrading of relevant infrastructure are options on the table to discuss further. Moreover, harmonization of standards, reducing procedures, electronisation of facilities and co-ordination of activities require a new approach and many adaptations. The Europe-South Caucasus-Asia transport, trade and logistics nexus and the International North-South Transport Corridor are not only economic projects, but also carry political elements, which are backed by certain political agendas. However, it is clear that any type of old Silk Road revival initiative will drive many countries to develop their infrastructure as well as superstructure and coordinate this with other participating countries, which as a result will be beneficial for all of them. It is also believed that every single country may benefit and generate revenues from old Silk Road revival process in case of possible collabouration with its neighbouring countries. Azerbaijan enjoys an advantageous geographical position at a crossroads of East-West and North-South corridors, which leads the country to become a regional transport, production, and trade and logistics hub. The country makes huge investments into its own infrastructure as well as supports certain other neighbouring countries. Within this framework, common will based on the reciprocity and mutual benefit can foster enhanced cooperation along with the Great Silk Road and International North- South Transportation Corridor projects.

Turkic Council Countries: Infrastructure, Trade, Logistics and Transportation

Turkic Council Countries: Infrastructure, Trade, Logistics and Transportation PDF Author: Mahir Humbatov
Publisher: Mahir Humbatov
ISBN:
Category : Business & Economics
Languages : en
Pages : 194

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Book Description
The Cooperation Council of Turkic Speaking States (the Turkic Council - TC) was established in 2009 as an intergovernmental organization to promote multilateral cooperation among Turkic Speaking States. The four founding member states of the TC are Azerbaijan, Kazakhstan, Kyrgyzstan and Turkey. In addition, Uzbekistan and Turkmenistan are two possible future members of the council. This study aims to investigate the infrastructural investment, trade, logistics and transportation potential of the mentioned countries as well as elaborate these activities among the TC’s current and possible future members. For this purpose, firstly, present situation of the trade among the Council’s current and possible future members has been examined. At this point, it is made clear that the trade volume among these six states is not as much as expected, but it is open to healing. Later, the opportunities and the last developments that may increase the trade volume among the TC’s current and possible future members in line with advancement of their infrastructural potential are explored. In reality, the geographic location of these states is very good. Namely, they are on the old trade route known as the Silk Road channels; however, this road was not active for a long time. Recently, this ancient trade route between East and West was aimed to be revived by China. Besides, India is keen to develop another approach of the Silk Road under the International North South Transportation Corridor (INSTC) initiative. In fact, these are great opportunities for the TC’s current and possible future members. That is, there is a very large volume of trade between China and Europe, and currently almost all of this trade is done through sea transport. Hence, if even a small part of this trade is transported by the Chinese Initiative of the Silk Road, its contribution to the current and potential future members of the TC and their integration into each other will be great. However, at this point, there are some tasks that current and potential members of the TC must complete to mobilize the Silk Roads. In fact, opening of Baku-Tbilisi-Kars (BTK) rail link recently was an important step to make it active, but this is not fully enough. In this work, it is also aimed to set out these tasks from the perspective of each current and potential member. Finally, with the help of this review, the limitations and problems of each state’s infrastructural investment, trade, transport and logistics system have been put forward for improvement studies.

Baku - Tbilisi - Kars Railroad

Baku - Tbilisi - Kars Railroad PDF Author: Evaldas Klimas
Publisher:
ISBN: 9789955198192
Category : Business logistics
Languages : en
Pages : 143

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Book Description


Baku-Tbilisi-Kars Railroad: The Iron Ground for the Silk Road

Baku-Tbilisi-Kars Railroad: The Iron Ground for the Silk Road PDF Author: Mahir Humbatov
Publisher: Mahir Humbatov
ISBN:
Category : Business & Economics
Languages : en
Pages : 72

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Book Description
After centuries-long neglect, land transportation corridors connecting Asia and Europe are on the brink of a re-awakening. From a level of practically zero, a revived network of these land corridors is likely to garner a considerable share of the freight revenues emanating from increasing trade between Asia and Europe. Therefore, there is competition among major players for control in shaping of the Asia-Europe railway transportation corridors. However, possibilities for cooperation exist as well. In this book, transportation corridors joining Asia and Europe are examined and evaluated at a general level. Moreover, the Baku-Tblisi-Kars railway project is assessed from the perspectives of the 3 countries involved: Azerbaijan, Georgia and Turkey. Further, it has been proved that the road will strengthen regionalism and will increase the prospects for the three host countries to become a part of the corridors that are being developed globally. Besides, Baku-Tbilisi-Kars railway road will play a key role in helping to revive the Silk Road connection shaping common vision and facilitating in transforming the region. The BTK transport corridor will be able to stimulate the development of non-oil economy reviving the non-oil trade and economic activities in the region restoring the historical position of the region as a commercial hub along the ancient silk ways. By 2025, this region is expected to become prosperous financial sector for which comprehensive strategy is being formulated by the regional countries for sustainable growth.

Turkey's Pivot to Eurasia

Turkey's Pivot to Eurasia PDF Author: Emre Erşen
Publisher: Routledge
ISBN: 0429665768
Category : Political Science
Languages : en
Pages : 213

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Book Description
This book discusses and analyses the dimensions of Turkey’s strategic rapprochement with the Eurasian states and institutions since the deterioration of Ankara’s relations with its traditional NATO allies. Do these developments signify a major strategic reorientation in Turkish foreign policy? Is Eurasia becoming an alternative geopolitical concept to Europe or the West? Or is this ‘pivot to Eurasia’ an instrument of the current Turkish government to obtain greater diplomatic leverage? Engaging with these key questions, the contributors explore the geographical, political, economic, military and social dynamics that influence this process, while addressing the questions that arise from the difficulties in reconciling Ankara’s strategic priorities with those of other Eurasian countries like Russia, China, Iran and India. Chapters focus on the different aspects of Turkey’s improving bilateral relations with the Eurasian states and institutions and consider the possibility of developing a convincing Eurasian alternative for Turkish foreign policy. The book will be useful for researchers in the fields of politics and IR more broadly, and particularly relevant for scholars and students researching Turkish foreign policy and the geopolitics of Eurasia.

Multidisciplinary Perspectives on Cross-Border Trade and Business

Multidisciplinary Perspectives on Cross-Border Trade and Business PDF Author: Abdul-Talib, Asmat-Nizam
Publisher: IGI Global
ISBN: 1799890732
Category : Business & Economics
Languages : en
Pages : 375

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Book Description
Cross-border business transactions have become increasingly important due to new norms of conducting business. Cross-border business has led to the emergence of multiple business opportunities and challenges to various stakeholders. Such global reality cannot simply be ignored; thus, business entities that operate across national borders need to fully employ global business strategies to compete and survive in the dynamic global environment. Multidisciplinary Perspectives on Cross-Border Trade and Business captures a multi-faceted outlook on international business phenomena, particularly when cross-border businesses are severely affected by global crises such as the COVID-19 pandemic. This book discusses the perspectives of stakeholders from both developed and developing countries as they handled international crises including the COVID-19 pandemic. Covering topics such as knowledge acquisition, internationalization, and small and medium enterprises, this book is an essential resource for business executives, practitioners, policymakers, graduate and post-graduate students of government or business administration, professors, researchers, and academicians.

The Oil & Gas Year Turkey 2010

The Oil & Gas Year Turkey 2010 PDF Author:
Publisher: wildcat publishing
ISBN: 1906975116
Category :
Languages : en
Pages : 204

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Book Description


Restructuring Trade Agreements

Restructuring Trade Agreements PDF Author: Juscelino F. Colares
Publisher: Kluwer Law International B.V.
ISBN: 9403530308
Category : Law
Languages : en
Pages : 191

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Book Description
To avoid trade-bargain erosion, countries involved in large-scale, bilateral or regional trade arrangements must reconcile preserving close economic ties and supply chains with the need to dynamically adjust to new opportunities with other partners. Using the growing deterioration of the European Union-Turkey Customs Union as an illustration to a new model of trade-agreement restructuring, this well-researched and deeply insightful book outlines and demonstrates how this trade arrangement can be successfully renegotiated, thus providing expert practical guidance in a crucial area of trade law and policy that rarely receives the attention it deserves. The book's novel framework features a clearly articulated legal foundation, a transactional deployment strategy, and a sequential negotiating approach applicable to bilateral and regional trade arrangements whose original terms no longer reflect the changed capabilities and interests of at least one of its parties. The authors respond in detail to questions, such as: When should a country pursue bargain rebalancing? How should trade diplomats pursue renegotiation and/or new partnerships, legally and transactionally? Given that free trade agreements keep each country’s trade sovereignty mostly intact, under which circumstances should a country ever consider entering a customs union? How may free-trade agreements help countries address trade imbalances while enhancing supply chain resilience? What are the limits to WTO litigation as an effective market-barrier-opening tool? How should trade-agreement restructuring be deployed as a path to further trade liberalization? In-depth attention is paid to identifying and investigating trade arrangements that are ripe for renegotiation and assessing sources of domestic and external support for or against renegotiating such bargains. This book’s model of international trade-agreement restructuring fits well with emerging thinking on greater trade diversification and supply-chain resilience. The authors provide a clear, actionable approach for considering and conducting the renegotiation of trade deals. For these reasons, this book will be welcomed by trade lawyers, supply-chain executives, economists, government officials, and academics who are grappling with rising economic frictions in the fault lines of national sovereignty, economic interdependence, and the limits of current trade arrangements.

China and Eurasian Powers in a Multipolar World Order 2.0

China and Eurasian Powers in a Multipolar World Order 2.0 PDF Author: Mher Sahakyan
Publisher: Taylor & Francis
ISBN: 100084627X
Category : Political Science
Languages : en
Pages : 231

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Book Description
This book argues that the world order is no longer unipolar, and the war in Ukraine proves this fact. As this study describes and theorizes, it has been transformed into a Multipolar World Order 2.0 stage. This title critically examines Chinese, US, Russian, EU, Indian, and a number of other powers’ cooperation and competition over security, diplomatic, economic and cyberspace issues. Accomplished scholars from various regions of the Eurasian continent consider the impact of the Russo–Ukrainian war, the Sino–Russian strategic partnership, China’s relations with the United States and the European Union, the influence of the Belt and Road Initiative, the expansion of the Shanghai Cooperation Organization and Eurasian Economic Union, China’s policies in the Middle East, Central Asia, Indo-Asia Pacific, the South Caucasus, Central and Eastern Europe, as well as focus on details of growing contradictions and collaboration in the Eurasian continent over markets, technologies, digital leadership, vaccine distribution, and financial institutions in the Era of Multipolar World Order 2.0. Showing that the US-centred unipolar world order is replaced by Multipolar World Order 2.0 where conflicting powers fight to keep or extend their spheres of influence, this volume is of great interest to decision makers, diplomats, scholars and students of international relations, politics, global governance, Eurasian studies, Chinese studies, cybersecurity, and economics, and for those studying human security, international organizations, and geopolitics.