COMPETITIVENESS

The liberated territories of Azerbaijan will contribute to the further development and expansion of the TRACECA corridor, Minister of Digital Development and Transport of Azerbaijan Rashad Nabiyev said.

Nabiyev made the remark during the 15th session of the TRACECA Intergovernmental Commission held via videoconference, at which the chairmanship of the commission passed to Bulgaria.

ICGB was granted the first major instalment from the approved financing under the Operational Program Innovation and Competitiveness (OPIC). EUR 28 499 999 were transferred to the project company for the implementation of the interconnector Greece-Bulgaria following a through compliance check of the tender procedure related to the line pipe production and delivery and subsequent review of the documentation related to the execution of the contract.