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THE SILK ROAD HISTORY
Corridor Significance
NEW-YORK CONFERENCE
Analysis

THE SILK ROAD HISTORY

As you are well aware, thousands of years ago the Silk Road connected the greatest civilizations of the earlier eras, which have sprung in various parts of the Eurasian continent.

Even in that ancient epoch, communication served not only as the means for trade, but also as that of exchange of technologies, ideas and discoveries, as well as, dispersal of diverse ideals and values.

In 1998, on the basis of Senator Sam Brownback’s initiative, the US Senate adopted resolution calling to support the New Silk Road idea.

Much like the legendary Silk Road in the earlier eras, this momentous new project aims at searching the shortest possible alternative routes linking the rest of the world with the rapidly growing Asian markets, diversification of communication, spreading of technologies and steady flow of energy resources.

The scope of the new Silk Road already covers the operation of Traceca, Baku-Tbilisi-Ceyhan Pipeline and Baku-Tbilisi-Erzurum Gas Pipeline, which have significantly changed economical reality in Caspian- Black Sea region, created new opportunities for development and strengthened energetic security not only in these regions, but also in European countries.

Corridor Significance

The Iron Silk Road will be brought into operation in the nearest future and will become a historical event in the world economy, provide opportunities for an ordinary person or a businessman to deliver products to the customer in a much more rapid and cheap way, conclude profitable contracts and adopt new markets. Upon commencement of the operation of the mainline China, Kazakhstan, India, whole Central Asia, as well as, the countries of south Caucasia will become more available for Europe and, on the contrary.

 

NEW-YORK CONFERENCE

Global Infrastructure Leadership Forum is held every year in New-York, USA and represents a marketplace for strategic projects and focuses on selection of 100 best infrastructure projects. Projects are selected during nine months through analysis and consultation with Forum Advisory Board and experts from the public and private sectors. The Leadership Forum structure is unique, dynamic and interactive. It allows development of competitive infrastructure markets over the whole world and provides public and private sector firms with services based on over two decades of working in various infrastructure sectors in the developed and developing world.

Construction of “the Iron Silk Road” project, which is being implemented by “Marabda-Kartsakhi Railway” LLC, was listed among 100 global projects of the world at the above-mentioned Forum.

The project aims at searching the shortest and fastest alternative routes connecting to the rapidly growing Asian markets, diversification of communication, spreading of technologies and steady flow of energy resources.

The scope of “the New Silk Road” already covers the operation of Traceca, Baku-Tbilisi-Ceyhan “Oil Pipeline” and Baku-Tbilisi-Erzurum “Gas Pipeline” projects, which have significantly changed economical reality in Caspian-Black Sea region, created new opportunities for development and strengthened energetic security not only in these regions, but also in European countries.

Today Baku-Tbilisi-Kars railroad mainline, fairly named as the “Iron Silk Road” is added to the above-mentioned projects. Via the shortest route this project links China and Central Asian countries with Europe and vice versa.

 

Analysis

In spite of the fact that, the construction of BTK line has not been completed yet, it can be considered as one of the outstanding projects within the scope of its geopolitical importance, which means that Georgia and Azerbaijan, and central Asian counties in distant perspective, will have possibility to be connected to Turkey and Europe through vehicles. Therefore, economical connections will become more stable, tough and irreversible not only at statement and mental level, but also in scope of geography; Georgia will have closer connections with Europe. Project value amounts to approximately USD 1 billion. From point of view of the costs, this is a rather extensive project. Regular transport will start operations in the nearest period and the results will soon be evident.

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