“BİR KƏMƏR, BİR YOL” LAYİHƏSİNƏ QOŞULMAĞIN AZƏRBAYCAN RESPUBLİKASININ İQTİSADİYYATINDA ROLU
THE ROLE OF "ONE BELT, ONE ROAD" INITIATIVE IN THE ECONOMY OF THE REPUBLIC OF AZERBAIJAN

Summary/Abstract: The One Belt and One Road Initiative (officially BRI) is a long-term commitment by China to build inland Asia, as well as Asia and other countries, through transport corridors such as rail, land, water and air. It is launched in 2013 and formalized in 2015. Initiative aims to improve transport links between continents and deepen economic, political and cultural integration between China and European and African countries. The Republic of Azerbaijan also intends to gain some economic benefits by being part of the chain in this project. As part of this mega project, certain processes have already begun. The establishment of the Alat Free Economic Zone and the opening of the Baku-Tbilisi-Kars railway can be examples of these processes. This study also examines the importance of joining this initiative for the country's economy in general, based on the implemented projects. For this purpose, the indicators published by the World Bank, the State Statistics Committee, the articles of many experts in the field are used as a source, and models such as gravity and general equilibrium are used.

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