Since 1998, TABDC has been promoting the development of a Turkish-Armenian cooperative strategy for transportation. Ongoing talks between TABDC and State railway authorities of both countries have sought to promote the inclusion of Turkish and Armenian railway systems in the TRACECA corridor as one of the most cost-effective, commercially viable and strategically beneficial East-West rail links. Armenia and Turkey constitute a land bridge between Europe and Asia, and the existing network of Armenian rail lines are an essential link to a viable transportation network between the Caucasus, Turkey and onwards to Europe. The opening of the Anatolia-Caucasus route will guarantee permanent access to Trans-European and Trans-Asian transportation networks for the people and businesses of two continents.

TABDC welcomes the approval on December 11-12, 2001 by the Intergovernmental Commission “TRACECA” for the Transport Corridor Europe/Caucasus/Asia assembled in Tbilisi, Georgia, the new TRACECA map which now includes the highways, railroads and ports of Turkey in the highlighted routes of its East-West transport corridor. As a Turkish-Armenian business association gathering professionals from the transportation sector, TABDC is committed to support the full implementation of the Multilateral Agreement on International Transport for the Development of the Europe-Caucasus-Asia Corridor signed in Baku in 1998.

Establishing a Free Trade Zone

TABDC has contacts in the Samsun and the Mersin Free Trade Zones who are working to create free trade zones for Turkey and Armenia. For the next step, the solution of political matters is required.

Banking Sphere

Talks are underway between Turkish Banks and the Armenian Banks. Despite willingness from bankers of both countries, this matter is waiting for on-going political progress in the region.

Turkish Airlines

TABDC has been working on opening a Turkish Airlines office in Yerevan and promoting immediate start for regular flights between Armenia and Turkey and to further connect this route to the third countries where can give service to Diaspora Armenians.

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