World Bank: Azerbaijan-EU trade could increase by 28% via Middle Corridor by 2030

BAKU, Sept. 24 (Xinhua) - The World Bank has projected a potential 28% increase in trade turnover between Azerbaijan and the European Union (EU) through the Middle Corridor by 2030, Stefanie Stallmeister, the World Bank's Country Manager for Azerbaijan, said on Tuesday in an interview with AZERTAC news agency.

Stallmeister highlighted that the World Bank has supported Azerbaijan's transportation sector since the early 2000s by investing in major transit corridors, including highways and railways. These investments have helped connect people to markets and services, with the Middle Corridor playing a vital role as a multimodal route linking Central Asia, the Caucasus, and Europe.