
TRACECA (acronym: Transport Corridor Europe-Caucasus-Asia) is an international transport programme involving 14 countries from the European Union, Eastern Europe, the Caucasus, and Central Asia. The programme aim is to strengthen economic relations, trade, and transport in the regions of the Black Sea basin, the South Caucasus, and Central Asia. It has a permanent Secretariat, originally financed by the European Commission, in Baku, Azerbaijan, and a regional office in Odesa, Ukraine.
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TRACECA (acronym: Transport Corridor Europe-Caucasus-Asia) is an international transport programme involving 14 countries from the European Union, Eastern Europe, the Caucasus, and Central Asia. The programme aim is to strengthen economic relations, trade, and transport in the regions of the Black Sea basin, the South Caucasus, and Central Asia. It has a permanent Secretariat, originally financed by the European Commission, in Baku, Azerbaijan, and a regional office in Odesa, Ukraine.
==Origins== TRACECA was established in May 1993 in Brussels, 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 EU member states, Eastern European, Caucasus and Central Asian countries. The programme supports the political and economic independence of former Soviet Union republics through enhancing their access to European and global markets through road, rail and sea. The objectives of TRACECA were underlined by the Baku Initiative of 2004, followed by a further ministerial conference in Sofia, Bulgaria, in 2006.
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