Photo credit: Azernews
Kanan Asadov, Deputy Head of the Main Department at the State Customs Committee, stated at the Customs-Business Forum 2025: Dialogue and Trust that state institutions in Azerbaijan are working together to integrate into international transit systems, The Caspian Post reports, citing Report.
Asadov noted that the uninterrupted movement of trade flows depends not only on technical infrastructure but also on digitalization:
"We see increasing trade flows and logistics along the Middle Corridor, and this is creating a new logistics model in the region. For this model to function, payment systems and guarantees in trade flows are essential. In this regard, joint reforms are currently being carried out with the participation of many Azerbaijani institutions to accelerate and diversify trade flows and transit, as well as to integrate into international transit systems."
The official added that the establishment of a guarantee system would first and foremost stimulate greater activity in the banking sector: "This is not only about transit, but also about imports, involving an international guarantee system and international standards. We are taking steps toward implementing these global standards."
Asadov noted that the uninterrupted movement of trade flows depends not only on technical infrastructure but also on digitalization:
"We see increasing trade flows and logistics along the Middle Corridor, and this is creating a new logistics model in the region. For this model to function, payment systems and guarantees in trade flows are essential. In this regard, joint reforms are currently being carried out with the participation of many Azerbaijani institutions to accelerate and diversify trade flows and transit, as well as to integrate into international transit systems."
The official added that the establishment of a guarantee system would first and foremost stimulate greater activity in the banking sector: "This is not only about transit, but also about imports, involving an international guarantee system and international standards. We are taking steps toward implementing these global standards."
Asadov noted that the uninterrupted movement of trade flows depends not only on technical infrastructure but also on digitalization:
"We see increasing trade flows and logistics along the Middle Corridor, and this is creating a new logistics model in the region. For this model to function, payment systems and guarantees in trade flows are essential. In this regard, joint reforms are currently being carried out with the participation of many Azerbaijani institutions to accelerate and diversify trade flows and transit, as well as to integrate into international transit systems."
The official added that the establishment of a guarantee system would first and foremost stimulate greater activity in the banking sector: "This is not only about transit, but also about imports, involving an international guarantee system and international standards. We are taking steps toward implementing these global standards."
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