Realization of Center Hall will begin with settlement between Armenia and Azerbaijan

Washington considers the Center Hall an necessary step for the whole area, US Assistant Secretary of State for Europe and Eurasia James O’Brien stated at a briefing in Baku on 28 June.

“We imagine that the Center Hall is a vital step for the whole area. Central Asian international locations export to worldwide markets via Russia and China. However now we see alternatives for them to take action via the Caspian Sea. This route can undergo Georgia in addition to Armenia and Turkey. Profiting from this chance will cut back transport prices in addition to present options secure from geopolitical interference. From Tajikistan to Turkey, all nations will profit from the opening of this hall. We imagine that is doable with the settlement of all stakeholders and we all know it begins with an settlement between Armenia and Azerbaijan,” stated O’Brien.

As for financing the work to finish the infrastructure of the Center Hall, O’Brien stated the World Financial institution, the European Financial institution for Reconstruction and Growth, the European Funding Financial institution, and US monetary companies could also be considering it.

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