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“Great Caspian Region Week” events at side lines of World Economic Forum

Report by Vusala Aliyeva:-

Caspian Week took place in the side-lines of World Economic Forum has three main aim: promoting interaction between the Caspian Region and the world; improving cultural, political, business and scientific relationships; and bringing innovations to the wider Caspian Region.

“The Caspian Week: Global Ideas Platform” gathered on 20-24 January 2020, in Davos, Switzerland together with world leaders, visionaries and experts to discuss global ideas.

This year, the Forum featured such well-known personalities in politics and Economics as Georgian Prime Minister Giorgi Gakharia, former US Ambassador to Azerbaijan Matthew Bryza, former President of the Swiss Parliament Filippo Lombardi, Economy Minister of the Islamic Republic of Afghanistan Mustafa Mastoor, former Russian Ambassador to Germany Vladimir Kotenev, Adviser to the President of the A+A group of companies for Kazakhstan Andreas Baumgartner, Immediate Past President, FIATA Baber Badat etc.

Dr Andreas Baumgartner
Dr Andreas Baumgartner

Murat Seitnepesov, organiser of the event told to the media that Great Caspian Region plays a leading role in the development of the world economy: “This region is of particular economic importance. We believe that it has great potential in both economic and other fields.”

The Great Caspian region does not cover only five countries. The region stretches to countries around the Caspian and Black Seas, including the area from China that embraces Afghanistan, Pakistan, and Turkey. It covers millions of people and an area of 5 million sq km.

The Caspian region, home to some of the oldest civilizations in the world, is made up of the countries surrounding the Caspian Sea. The Caspian Sea has five littoral (coastal) countries – Russia, Azerbaijan, Iran, Kazakhstan, and Turkmenistan. While not a Caspian coastal state, a considerable amount of Uzbekistan’s territory, along with its energy resources, lies within the Caspian’s geological basin. The Caspian countries also have historical and cultural connections with Georgia and Turkey. The Great Caspian Region consists of 15 countries. The Caspian economic, cultural and ethnic ties extend well into Eastern Europe and Asia, making the Caspian a real regional hub.

“I am proud to be here today and that our country is also in this region.” – told Georgian Prime Minister Giorgi Gakharia who took part at Caspian Week.

There has been also the presentation of a project implemented by AzerTelecom within the framework of Caspian Week. The goal of the project is to turn Azerbaijan from a transit route into an Internet connection hub between Europe and Asia. One of the major projects for this purpose is the Trans Caspian Fiber Optic (TCFO) Cable Project. This project is of particular importance.

Azerbaijan has always been central to the Silk Road between Europe and Asia. In modern times as well, Azerbaijan will provide Internet transit routes between Asia and Europe through these infrastructure projects, and one of the most critical projects here is the construction of a fibre-optic cable along the bottom of the Caspian Sea.

The platform gathers people from regional countries, America, Europe, Asian countries, and other countries. Through this platform, they familiarize themselves not only with opportunities and importance of the Great Caspian region but also with its objectives. This platform will help them get the answers to all questions related to the region.”

Edited by Dr Shahid Qureshi, Group Chief Editor 

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