Negotiations on a new bilateral agreement between the EU and Azerbaijan continue, and the next round of negotiations between the delegations will be held today.

APA reports that Jeyhun Bayramov, Minister of Foreign Affairs of the Republic of Azerbaijan, said this at the meeting of the European Union Eastern Partnership Foreign Ministers.

"In the context of transport and communication links in the region, I would like to note the wide economic and investment opportunities of the Trans-Caspian East-West Middle Corridor and the fact that transit flows through Azerbaijan will increase by 70% in 2022.

"The transport junction formed in the liberated territories of Azerbaijan, including the Zangezur corridor, will play a positive role in ensuring regional peace and stability, and will contribute to the development of trade in the region," he noted.