"The reconstruction of Karabakh is a project of generations."

News 12:09 30 Nov, 2022
"The reconstruction of Karabakh is a project of generations."

"The reconstruction of Karabakh is a project of generations."

Qazet.az reports that the Ambassador of Germany to Azerbaijan Ralf Horlemann said this in his statement to journalists.

He said that one of the main conditions for any investment is reliability: "Thus, there are many opportunities in Karabakh. But there is still a mine threat. Demining will take a long time. Therefore, I think that any investor should consider this issue."

Speaking about the potential of the Middle Corridor, the ambassador added that South Caucasus countries should improve their infrastructure and offer attractive conditions for investors in order to fully use their potential as a trade hub: "Germany is part of the European Union. When I talk about Germany, I also mean Europe. The Asian market is very important for Europe. There is a large turnover of trade, mainly from east to west, and also in the opposite direction. Previously, most of the trade flow passed through Russia. Now this indicator is decreasing. Therefore, this creates a new opportunity for the countries of the South Caucasus."