The proposed Caspian Sea-Black Sea International Transport Corridor (ITC-CSBS) could become a reality, after the foreign ministers of Romania, Azerbaijan, Georgia and Turkmenistan pledged their support during a meeting in early March. A statement issued after the discussions included technical passages covering maritime navigation, road and railway transport, and customs procedures. According to ITC, it is expected that the project will be completed by 2020.
The proposed Caspian Sea-Black Sea International Transport Corridor (ITC-CSBS) could become a reality, after the foreign ministers of Romania, Azerbaijan, Georgia and Turkmenistan pledged their support during a meeting in early March. A statement issued after the discussions included technical passages covering maritime navigation, road and railway transport, and customs procedures. The ITC-CSBS aims to facilitate the passage of goods between central and northern Europe with the South Caucasus and Central Asia.