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The bloc intends to turn the Trans-Caspian transport corridor into a “cutting-edge” route to Central Asia The EU plans to raise up to €10 billion ($10.8 billion) in investment to create a transport corridor to Central Asia through the South Caucasus and Türkiye that bypasses Russia, the European Commission announced on Monday at a forum devoted to developing the route. According a statement released by the European Commission, Brussels is currently ready to allocate €2.97 billion for the purpose. For additional funding, the European Investment Bank has reportedly signed memorandums of understanding totaling €1.47
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