Thursday, June 16, 2016

China eyes to expand business ties with Azerbaijan

AZERNEWS -  10 June 2016

By Fatma Babayeva 

China plans to expand business ties with Azerbaijan, particularly in the transportation sector.  The world’s second largest economy, China pays a great attention to cooperation with the countries, namely Azerbaijan and Kazakhstan through which the Trans-Caspian International Transport Corridor runs, said Yang Weihong, section head at China's State Railways Administration.  The Trans-Caspian Transportation Route is developing very well within the revival of the Great Silk Road and the volume of cargo transportation via this corridor is large enough,” he told Trend, further adding that China hopes that the cooperation will be even more successful.  "We welcome Azerbaijani companies' intentions to work with China,” he said, further noting that China expects the cargo flow to the country via railway to increase with help of Azerbaijani companies' products.  Weihong further added that the volume of cargo flow from China to Europe is large enough, while fewer goods are transported in the opposite direction.  China hopes that Azerbaijani companies will help to increase the cargo flow in the opposite direction.