ISLAMABAD: The China–Pakistan Economic Corridor (CPEC) is significant for Azerbaijan, due to the fact this project would allow Azerbaijan to export goods to China.
Ambassador of Pakistan to Azerbaijan Sajid Khan Mohmand said that the goods can be sent to China from Astrakhan via Azerbaijan, Iran and Pakistan.
“We are also expanding the main seaport of Gwadar. By 2025, the port can accept more and more large vessels, and there are transport corridors within the Lapis Lazuli project and the Ashgabat agreement that connect Azerbaijan with Pakistan and Central Asia, all of which can be of great importance for Azerbaijan,” the ambassador was quoted as saying by Azerbaijani newspaper “AzerNews” on Tuesday.
CPEC is a collection of infrastructure projects that are currently under construction throughout Pakistan. Originally valued at $46 billion, the value of CPEC projects is now worth $62 billion