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TEHRAN \u2013 Iran will host the 17th meeting of the Intergovernmental Commission of the Europe-Caucasus-Asia Transport Corridor (TRACECA) for the first time on Wednesday, February 26, the head of the International Affairs Center at Iran’s Transport and Urban Development Ministry said.<\/p>\n
According to a report by the ministry, Amin Taraffo\u2019 stated that a preliminary meeting of TRACECA national secretaries will be held on February 25 to review and finalize documents for decision-making at the main session the following day.<\/p>\n
The official emphasized the significance of the event for Iran, noting that the meeting provides an opportunity to advance regional initiatives within the 14-member commission.<\/p>\n
He added that Iran aims to leverage the platform to enhance transit cooperation and boost regional trade.<\/p>\n
TRACECA\u00a0is an international\u00a0transport\u00a0program involving the\u00a0European Union\u00a0and 12 member states of the Eastern European, Caucasus, and Central Asian region.\u00a0<\/p>\n
The program aim is to strengthen economic relations, trade, and transport in the regions of the\u00a0Black Sea\u00a0basin,\u00a0South Caucasus, and Central Asia.<\/p>\n
It has a permanent Secretariat, originally financed by the\u00a0European Commission, in\u00a0Baku, Azerbaijan, and a regional office in\u00a0Odesa, Ukraine. Since 2009, the organization has been entirely financed by member countries.<\/p>\n
TRACECA was established in May 1993 in\u00a0Brussels, upon the signing of a Multilateral Agreement on International Transport for the development of transport initiatives (including the establishment and development of a road corridor) between the\u00a0EU member states,\u00a0Eastern European,\u00a0Caucasus\u00a0and\u00a0Central Asian\u00a0countries. The program supports the political and economic independence of\u00a0former Soviet Union\u00a0republics through enhancing their access to\u00a0European\u00a0and global markets through road, rail and sea.\u00a0<\/p>\n
The objectives of TRACECA were underlined by the\u00a0Baku Initiative\u00a0of 2004,\u00a0followed by a further ministerial conference in\u00a0Sofia, Bulgaria, in 2006.<\/p>\n
TRACECA has five working groups: maritime transport, aviation, road and rail, transport security, and transport infrastructure.<\/p>\n
In July 2023, it was announced for TRACECA to join the\u00a0eTIR\u00a0international system.<\/p>\n
EF\/MA<\/p>\n<\/p><\/div>\n