Hajizadeh Elshan Mahmud oglu

Prof. Dr., Chief Scientific Officer. National Academy of Sciences Azerbaijan.

The Institute of Economics

AZ1143, Azerbaijan, Baku, H. Javid Ave, 31

elshan@hajizadeh.co, www.elshanhajizadeh.com

Abstract

The role and importance of the Baku-Tbilisi-Kars

in deepening macro-regional integration

The article investigates the important role of logistics project of the Baku-Tbilisi-Kars in deepening macro-regional integration, its importance in expanding humanitarian and economic relations between the republics of Azerbaijan, Turkey and Georgia. It also assessed the potential of the Baku-Tbilisi-Kars calculated volumes of cargo, as well as passengers turnover the near future. Analyzing the technical and economic parameters and geo-economic efficiencies indicated that this route will be different, as the shortest and most profitable existing path between Turkey and China. The article also examines the difficulties in the implementation of the project of the Baku-Tbilisi-Kars railway, there are proposals to address them, is grounded in the socio-economic benefits.

Key words: project of the Baku-Tbilisi-Kars railway, TRASEKA, logistics, economic integration