Energy & transport international relations
The Baku Initiative aims to give an impulse to Trans-European transport cooperation on the basis of the mutual interest for the progressive integration of their respective transport networks and markets in accordance with EU and international legal and regulatory frameworks. It provides a supportive framework for TRACECA in order to foster the reflection on the cooperation between the EU-Black Sea/Caspian littoral States and their Neighbours, and in order to ensure the consistency with the EU priorities in the context of its Neighbourhood Policy.
Following the conclusions reached at the EU-Caspian region Transport Ministerial Conference on 14 November 2004 in Baku, 4 expert working groups have been created (aviation, security in all modes of transport, road and rail transport, transport infrastructure).
The objective of these working groups has been to contribute towards the reinforcement of cooperation of the EU with the partner States in the Black Sea-Caspian Basin region and, even more importantly, of cooperation among countries of the region.
At the occasion of the Second Ministerial Conference on transport Cooperation between the EU-Black Sea-Caspian littoral States and their Neighbours, held in Sofia (Bulgaria) on 2d and 3d of May 2006, the conclusions reached during these Working groups have been adopted and established a clear framework for the future cooperation between these partner States and the EU. A fifth Working group on maritime transport has also been created.
Traceca is an East-West transport Corridor from Central Asia to Europe via the Caspian and Black Seas. It covers road and rail as well as maritime connections. It comprises of 8 NIS countries (the 5 Central Asia countries and the 3 Caucasus countries) and Ukraine, Moldova, Bulgaria, Romania and Turkey. Afghanistan joined the programme; Iran and Pakistan have applied for membership.
The programme was launched in 1993, and a Basic Multilateral Agreement (MLA) was signed in 1998. The MLA created new intergovernmental structures i.e. an Intergovernmental Commission and Permanent Secretariat in Baku and technical support office in Odessa.
The aim of the programme has been to strengthen the progressive integration of the respective transport networks and markets in accordance with EU and international legal and regulatory frameworks. An enhanced regional co-operation in the transport sector is also of a paramount importance for achieving sustainable and economic and social development as well as contributing to peace, stability and prosperity in the region.
The EU has been continuously granting financial assistance to the TRACECA Corridor from the TACIS Programme. Up to know, 62 technical assistance projects worth 105 million euros and 14 investment projects worth 52 million euros have been financed through TRACECA. The total amount is therefore of 157 million euros. For 2006, four projects have been identified last year for a total amount of 13,5 million euros.
At the occasion of the Second TRACECA Ministerial Conference, held in Sofia (Bulgaria) on 2d and 3d of May 2006, the Strategy of the Intergovernmental Commission of TRACECA for the period up to 2015 has been adopted. The pillars for this Strategy are the following:
|last update: 20-09-2006|