Initiative of mutual cooperation between TRACECA and GUAM – a catalyst of the transport dialogue development in the region

Main point of discussion was the possibility of seeking new ways for collaboration taking into consideration the advantageous geographical and strategic position of the countries.

GUAM Organization is a regional organization for democracy and economic development. It should be mentioned that four countries of GUAM, which are Georgia, Ukraine, Azerbaijan and Moldova that are also member-states of TRACECA.

For many years TRACECA has been cooperating with the leading international organizations, financial institutions and operators in the field of development of Eurasian transport connections and initiatives for the coordination of TRACECA countries, at the same time taking practical steps aiming at the implementation of strategic objectives in the field of transport and trade.

In the course of the meeting between Mr. Ciopraga and Mr. Efendiev, there was held an exchange of views regarding the outlook of the regions development and mutual aspirations for establishment of closer contacts. 

On the outcome of the views’ exchange there was achieved an understanding on the development and preparation of Memorandum on mutual cooperation between GUAM and TRACECA.

Signing of the Memorandum will provide an opportunity of promoting and strengthening various joint projects and initiatives taking into consideration the economic, transport and trade situation of each TRACECA and GUAM member state in the context of the dynamic development of the international transport corridor Europe-the Caucasus-Asia.