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Caucasus Railway Could Spur Regional Development

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  • Caucasus Railway Could Spur Regional Development

    CAUCASUS RAILWAY COULD SPUR REGIONAL DEVELOPMENT

    Associated Content, CO
    Dec 15 2007

    The Power and Interest News Report (PINR), an independent
    organization that provides conflict analysis services in the context
    of international relations, has published a new report titled "The
    Baku-Tbilisi-Kars Railway: The First Step in a Long Process." The
    report, authored by Stefan Bocioaca and published December 13, is
    available on the PINR web site.

    Construction of the Baku-Tbilisi-Kars, or BTK, railway got under way
    in Marabda, South Georgia late last month, marking the beginning of
    a rail linkage between Azerbaijan, Turkey and Georgia. The project,
    which consists of 18 miles of track in Georgia and 47 miles of rail
    in Turkey, is projected to be finished in the next 1-2 years. PINR
    notes that both Europe and China are interested in the railway because
    Chinese goods could be transported to Europe more quickly than is
    currently possible with along the trans-Siberian route. China is
    also pursuing an effort to connect with Europe through a new network
    utilizing multiple modes of transportation, including road, rail,
    air, and sea. The report also notes that the railway could be expanded
    to include Europe after the completion of a tunnel project under the
    Istanbul strait.

    Armenia, PINR notes, wanted to be included in any rail project in
    order to prevent further isolation and dependence on Georgia.

    However, two of the major players, Azerbaijan and Turkey, wanted
    Armenia to remove its military forces from Azerbaijan in order to
    participate in the railway endeavor. And as the report says, there
    is not much likelihood of that happening any time soon.

    According to the report, Azerbaijan hopes that the new railway project
    will help further regional integration, along with trade and foreign
    direct investment. Additionally, the report says, the new project will
    allow the nations of Central Asia and the Caucasus to bypass Russia
    while still connecting themselves with Europe. Regional integration is
    becoming more evident, as the report notes, with Azerbaijan's State
    Oil Company opening a port terminal in Georgia and investing in a
    petrochemical company in Turkey. Additionally, the report notes,
    Turkey is increasing its level of investment in Azerbaijan and is
    Georgia's largest trading partner.

    The report closes by noting that the new railway project is an
    essential element in a developing transcontinental passageway that
    could serve as an example for other states. Regional problems still
    exist, however, and disputes over the Caspian Sea, along with ethnic
    and religious conflicts, will present serious challenges, PINR notes.

    Source: The Power and Interest News Report web site

    http://www.associatedcontent.com/article/483 633/caucasus_railway_could_spur_regional.html
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