More than 50 million tons of cargo growth is expected along the Middle Corridor, and for this purpose, Azerbaijan is making additional investments, Hikmat Hajiyev, Assistant to the President of Azerbaijan said at the 6th Caspian Business Forum held in New York.
Hajiyev mentioned at the 6th Caspian Business Forum, dedicated to the theme 'Connectivity, Finance, and Energy along the Middle Corridor,' that with a cargo capacity of 25 million tons per year, the Port of Baku is expanding its capabilities.
He said the railway project, which extends from Baku to Zangilan and the Armenian border, has been underway since 2020.
“It's expected to be completed in mid-2026. Work is also underway on the 42km Zangezur section located in Armenia, and our partners from the United States are participating here. The third segment covers Nakhchivan," Hajiyev said.
"Additional investments are being made in this area, and we are inviting other international partners, including European countries, to collaborate. To turn the South Caucasus into a space for cooperation is the main goal," Hikmat Hajiyev said.
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Russia's health watchdog said on Tuesday that no cases of plague had been detected among anyone who had come into contact with a Siberian plague institute laboratory worker who died last week, and locals said their lives had barely been disrupted.
Russia struck Ukraine overnight in one of the biggest attacks of the conflict, killing at least 19 people, Kyiv's Foreign Ministry said on Wednesday. Around 70 missiles were fired at Ukraine during the attack, as well as drones, the Ministry said.
An Azerbaijani citizen died and another is missing after a cargo ship was attacked by a drone in the Black Sea, near the coast of Romania on Monday, 5 October, Baku's Foreign Ministry has said.
A large Ukrainian drone attack on Moscow and the surrounding region has killed two people, damaged homes and sparked a major fire at a key fuel facility, according to Russian officials and military bloggers.
The German-Azerbaijani Connectivity Conference 2026 commenced on 6 October in Baku under the title “Mobilising Finance for Infrastructure, Transport, Logistics, Green Energy, and Digitalisation along the Middle Corridor.”
Azerbaijan’s Foreign Minister Jeyhun Bayramov has called for further integration of infrastructure between regional countries to bolster the Middle Corridor trade and logistics network.
The Saudi-led coalition says it has carried out a series of military operations against Houthi targets in Yemen after attacks on two Saudi airports left three people dead and dozens injured.
Russian oil company Lukoil plans to expand its activities in Uzbekistan, with potential areas including geological exploration, hydrocarbon development and retail fuel sales. The plans were discussed during a meeting between President Shavkat Mirziyoyev and Lukoil founder Vagit Alekperov.
European Commissioner for Enlargement Marta Kos has said Georgia is a candidate country “only on paper,” prompting a rapid response from senior Georgian officials who rejected the characterisation and criticised Brussels.
United Nations Development Programme Administrator Alexander De Croo has warned the international community against turning its back on Afghanistan, pointing to a sharp fall in opium production while raising serious concerns about restrictions on women and girls.
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