 So, good afternoon, ladies and gentlemen. It's more gentlemen than ladies, but overall, we have a record participation of women leaders here at the World Economic Forum, so I'm very happy about that. We are here for a session middle corridor from Pathway to Highway. It's been a personal interest of mine, Central Asia, I have to say, and so I'm so glad that I think it's more in prominence now globally, not only the economic but also the political developments in Eurasia overall. I am here with a panel that could not be more august, I have to say, to discuss the future of the Eurasia region and particularly the middle corridor. So, let me just first introduce you, because I want to make sure I do this properly. First, I am joined here by Ilham Aliyev, President of the Republic of Azerbaijan, a warm welcome. Thank you. If you can give them also a applause, please. Prime Minister of Georgia, Irakli Garebashvili, welcome. Johannes Hahn, Commissioner for Budget and Administration at the European Commission. And Ebru Osdemir, last but not least, Chairperson of the Board, Limang Holding from Turkey. So, as you can see, we have head of state and government from the region. We also have a key partner, Europe, the EU represented here. And we are a platform for public-private cooperation, so I'm so glad to have Ebru here as well. And from the private sector perspective and also, of course, Turkey plays a major role in the middle corridor as well. Before we go into the dialogue, let me just say a few words about the context. First of all, obviously, in less than four weeks, we will have the sad anniversary of the invasion of Ukraine by Russia. And of course, there is the immense human suffering this has caused in Ukraine. It has also created or actually shattered existing certainties, certainties on partnerships, economic interdependencies and security. So, Eurasia has been affected. Some of these certainties has been shattered, shifted, modified, if you will. And I know from the conversations with many of you that you've been dealing with that actively. You've been on the front foot of many of those. But it has also led to this reinvigoration of the concept and the implementation of the middle corridor. The middle corridor is not new. Those of you who follow Eurasia, Central Asia, the Caucasus closely, you know it's been there. But there has been, now it's in a sharper focus and there is a lot of activity around that. Now, obviously, it's a commercial trade opportunity. But of course, it's also about integration. So, hopefully, it's also about shared prosperity and more peace and stability. It's also about resilience of supply chains, diversification of supply chains for Europe in particular. Now, just to set it in further perspective, we, I think, all know that the northern corridor, so if you look at the east, west trade route, logistics route, the northern corridor has been disrupted. So, there is a much less volume of trade in that northern corridor. And the middle corridor then has seen an important revival. The volume of cargo traversing this route is expected to grow six-fold to 3.2 million metric tons in 2022 compared to 2021. Now, the middle corridor still represents about 8 percent of the cargo volume shipped through the Trans-Siberian Railway. So, just to set it in further perspective or framework, but we will definitely see a heavy increase. So, really, at the heart of the discussion today is obviously the trade discussion, the logistics discussion, and so the practical one as well. But I think there is the larger than more geostrategic discussion here as well. And so, that's why I'm so glad to have all of you with me to help us get some further understanding of those elements. We will have about 40 minutes with each other, and so this should be a dialogue. First, I'd like to go to President Aliyev and Prime Minister Garibashvili. We've seen a series of multi-party agreements around the middle corridor recently. So, what can we expect at the intergovernmental level along this axis in the coming year or even beyond that? Let me start with you, Mr. President, and then I will go to you, Mr. Prime Minister. Thank you. I think one of the advantages of the middle corridor is that the countries which are involved in this huge project have good relations between themselves. I think this is one of the main prerequisites for success in any multinational initiative. Azerbaijan has excellent relations with its neighbors to the west, Georgia and Turkey, and to the east, Central Asia. And being a kind of a natural geographical bridge between east and west, we invested largely into transportation infrastructure in the previous years, and actually all the necessary infrastructure facilities in Azerbaijan are ready to receive more cargoes. Our seaport, which has a capacity of 15 million tons, will be expanded and already the budget allocated for that, up to 25 million tons, because we expect a growing number of cargoes for particular reasons which you mentioned, the difficulties of transportation through traditional northern route. We already have seen the diversion of a large number of cargoes from Central Asia, and this is only the beginning. Also, I'd like to add that starting from this year, we started to transit oil from Kazakhstan, and not only from Turkmenistan, which already takes place for many years, with the potential to use this corridor also for hydrocarbons. Therefore, I think that we now need to have more closer cooperation between all the countries involved, Central Asia and the Caucasus and Europe, in order to work actively on customs administration, to have more or less a single window approach, and on tariff policy, because we need to make this route not only attractive from point of view of absence of other routes, but attractive from a commercial point of view. And by the way, when we started our meeting, I noticed that we sit the same way how our pipeline goes. But I'm from Czech Republic. Thank you so much. First, the macro picture from you, Mr. Prime Minister. First of all, thank you very much for organizing this panel. I think this is very important. And you mentioned the war in Ukraine. Of course, the war in Ukraine is catastrophic for the entire region. Of course, it affects us as well. And I think this war showed us that countries and nations need to diversify the economies. I think before the war, less countries paid less attention to the middle corridor, but after the war, the attention is growing and is increasing. So therefore, as Mr. President Ali have mentioned, I also want to repeat that we have excellent relationship with Azerbaijan, with Kazakhstan, with Turkey. We have strategic partnership. And I think the chemistry is here, and this is the strong foundation to work together. What I also want to mention about Georgia, right now we are investing heavily in infrastructure. First of all, I want to mention that highway, we are building highways, which will be completed by the end of 2024. We're spending like two or three billion dollars to complete this highway. And of course, this will facilitate this transportation. Second, I also want to mention the ports. The port's capacity of Black Sea, of Georgia, is quite big, but I think we need to increase it. Therefore, I want to mention about one particular project, which is Anaklia Deep Sea port. We have decided that the government of Georgia will start construction of this port. 51 percent of this port will be of this consortium that we want to build. It will be owned by Georgia, by the government of Georgia. And of course, for the rest, 49 percent, we want to announce an international tender. And we are talking with many potential investors for this. So now, why we are doing this? Why we want to build this port? Presently, I've mentioned about the increase of capacity of Azerbaijan ports. I think Kazakhstan has the same intention. So Georgia has now capacity about around 550,000 Tu in Portyport, around 200,000, but this is not enough. So that's why we want to implement this project. Third, I also want to mention that we are together with Azerbaijan. We are developing different initiatives. For example, I want to mention Black Sea submarine cable, electric cable, which is also very interesting. This we are doing together with Azerbaijan, with Romania, with Hungary. And this initiative is backed by the European Union. And in fact, we were in Bucharest in December, where we signed the memorandum. All four countries will implement, will invest into this ambitious, I would say, ambitious project. But this is very interesting. And therefore, we must be ready for the increased flow of goods. I also want to mention that this corridor and this route is the shortest route to connect Asia with Europe. For example, a train from China can come to Georgia within 15 days, maximum 20 days. So we compare it to, like by sea, it takes 45 days, right, the ship. So therefore, this is a very interesting, very important corridor. And of course, all these countries are definitely motivated, determined to develop this corridor. Two months ago, we were in Kazakhstan, where we signed, we agreed on the roadmap how to develop this corridor and how to kind of lift and remove all the artificially created barriers, if such. So therefore, we are moving in this direction. And I'm very optimistic that we will have a bigger potential, and all these countries will benefit from this corridor. Thank you so much. I'm just curious, would you mind between Azerbaijan and Georgia, if there is any kind of cargo? How does it go? How is the trans-border transportation? So we can imagine what it looks like now. First of all, highways, which I mentioned, and railway. Right now, the capacity of railway of Georgia is 25 million tons. Right now, we are implementing the modernization of railway. This will be completed by 2024, by the end of 2024. And the capacity will be about 48 million tons. Besides that, together with Azerbaijan, we are now building a Bakutbilisi-Kars railroad. In fact, several months ago, Azerbaijan provided additional funds to complete this project. So this project will also be ready by 2024. There's another 5 million tons of cargo. So these are very strategically important projects. I also want to mention the relationship between Azerbaijan and Georgia. This relationship is tested, reliable, trusted. We have implemented together very important historical projects, such as the oil and gas pipelines. So now this railway project and many others, which will come in the future. Thank you so much. Now, going to the private sector, Eber, if I could go to you. I know the middle corridor relies heavily, of course, on public-private cooperation, and private sector players are using it and will be using it. So what is your perspective on that as a very diversified holding? What would be your also advice to the governments that are in the intergovernmental process now making all these changes to the regulation, building on that infrastructure? What would be your advice or even your suggestion in terms of some of the things that would be particularly useful to private sector players to start using it more? Okay, thanks for the opportunity. I just want to take 30 seconds of what you have started about women leaders. I mean, World Economic Forum is investing a lot on this, and I'm working on the global parity. And today, we were awarded the Lighthouse Award with Turkish Women Engineers. And actually, we are taking it to global, global women engineers. And for this important infrastructure project, we'll definitely need a lot of engineers, whom I hope 50% will be women to work. And by the way, we have already a partnership with Sokar in Turkey for chemical engineers. So it's good to see all these leaders and we really want to support for the inclusion and for the equality. It's not actually equality, it's women empowerment because it's human capital. We need all the human capital to realize these ambitious projects. So in a nutshell, what does real, I mean, private sector looks, it has to be feasible. So this corridor is faster, it's shorter, it's more climate friendly. And more than that, I mean, as Mr. President and the Prime Minister said, there's a big cooperation friendship among the countries so that we can work together. I mean, if there is this high level of cooperation, it's easier for the private sector to work. So I think the fundamentals are there. And Turkey has invested a lot on infrastructure for the past years. I mean, we've done even ourselves, we have a port in the East Med, we got the oldest port, scanner port, we made the newest port. The highways in Turkey is unbelievably modern. Now, of course, we are investing in rail. So railroads, I think, is the least developed yet. We have, in Turkey, we have done the Kars Tbilisi project in 2017. Now, we are investing a lot on railroads, especially signalization, because from the sustainability perspective, we need railroads. It's going to be faster and cheaper, definitely. I mean, the element needed in this corridor is the railroads. As Mr. President and Prime Minister said, I mean, the ports are already been invested. Now in Turkey, the highways are ready. We just built Canakkale Bridge as one of the gateways to Europe, which connects Anatolia to Europe. And this is the longest span bridge in the world. And as private sector and as a PPP, I chaired this project as a chairperson in four and a half years. But we built the longest span bridge in the world in four and a half years in Turkey on a PPP basis. And the investment amount was not low, it was three billion dollars. So what I mean is the infrastructure can be really built in a faster and a very effective way in a very short time. So we should not be afraid, like, okay, you know, this corridor will not be built or so. I mean, with the government support and with the private sector deliverables and the speed and effectiveness, I think this will be realized. My proposition is, of course, at one point, this whole corridor will be operated. And there should be a governing or an operational body, maybe like a company or so, which should be definitely private sector influence as well. And the other important thing would be, of course, the tax and the customs. Still, I feel like, I mean, working in 14 different countries, I feel like the customs is the least developed in the world. So this system definitely should be, should become more viable, more faster. And the other thing probably would be the currency. I mean, being in World Economic Forum, everything is, we are like, you know, new, modern, maybe a blockchain could be one way to manage this. And we should definitely not be afraid of new and modern ideas. But I think this collaboration, Mr. President, our country's President and Prime Minister, will be able to manage this corridor as fast as possible. And I think we need this alternative route in today's globally complex environment. Thank you so much. I think this structure of how it will be all operated is quite an interesting one. I would love to then come back to the President and the President if they have any ideas already. Amira, can I add one more thing? I just, from the private sector point, I forgot something. Everyone says that, I mean, as Mr. President said, it's like a transit, but it's actually not going to be a transit thing. I mean, it's more the countries that is on the road will benefit from that. As we see, our side of the world, Turkey, Azerbaijan, Georgia is growing enormously, and we are doing a lot on this side of the world. So this means from the private sector point, this corridor means logistic centers, depots, storage units, a lot of private sector involvement. So by this way, actually, all the businesses will benefit as well. So to see this corridor just as a transit, I think we'll be misleading. I fully agree. I actually also wanted to ask about how we can use that as a market. No, absolutely. So before I return to the heads of state and government we have here, if I could go to you, Commissioner Hahn. Eurasia and the middle corridor has emerged as a clear strategic priority for the EU. So just for us to map the involvement of the EU right now in this new development of the middle corridor, could you describe to us what is the involvement, what are the instruments of the EU vis-à-vis this project specifically and in Eurasia in general, if you can? Well, first, I'm grateful for your very last comments because my first point would have been that we are speaking about a corridor and not about a tunnel, which means a corridor has rooms left and right. And this is why I fully agree that the so-called corridor has a huge impact on the economic development in the region itself. Yes. And I fully agree this is at least equally imminent to the entire, let's say, strategy because from a European perspective it's not only about guaranteeing the supply chain and everything but also for having peace and stability in our neighbourhood. And of course the South Caucasus is a region, I mean there are two countries but the region consists at least of three and I think this is also something we should not forget. But important for us is again to create peace, stability, economic development and therefore any kind of engagement, any kind of economic development is contributing to more stability. And as in such an initiative, there are many participants and beneficiaries starting from China, if you like, ending in Europe. I think the more I involved, the more it also contributes to stability to what we see, what we call multilateralism. Multilateralism is nothing else that the global order should be based on rules, on agreements and contracts which are mutually respected. So this is from a strategic political point something very important. I wanted to stress this because very often this corridor debate is reduced to the supply chain and the delivery of oil and gas and that's it. But there is a wider dimension and I think this is something we should not forget and this is something which leads us. That's why we have developed not only for this part of the world, for this initiative, this gateway project where we consider the engagement with partners around the globe, where we believe it's important to have a closer cooperation with us. Having said all this, we have a set of tool box of possibilities concerning the financing. I think this is in principle well known. We have our investment banks, we have the EBRD, etc. We offer also guarantee schemes. So there are a lot of possibilities. The issue from our perspective is a little bit that we have different, let's say, contractual agreements with the countries in the region because it's finally the choice of our partner countries which kind of contractual arrangement they are looking for. So for instance with Georgia, we have this deep and comprehensive free trade agreement. Azerbaijan has chosen not to have such an intensive kind of cooperation. Of course, this is something we have to respect. But in terms of talking about custom fees, etc., it started to make a difference or could start to make a difference. But this is something which is there. We have to see how things evolve. We are talking so much about regional economic zones or areas. Why not also in this region as a future perspective? Once again, bottom line, Europe is very interested in this kind of development even more due to the war. But already before the war, as for the reasons I have mentioned, and that's why we are very much committed and ready to engage even probably more than it was in the past. Can I just have a follow-up question, Commissioner? Because it was such a disruption and let's face it, this axis is now even more strategic than before. And Europe has reacted to that disruption of Russia's invasion of Ukraine with new tools or a bolster tool. So to your knowledge, has there been an increase in using the tools in Eurasia, the EBRDs, etc., or is it more a continuation of what was there before? Is it more long-term? I mean, it's not, I would say, a boom. But you can really see an increase of using the possibilities. And I have to say that, for instance, my colleague Joseph Parrell, the high representative, is paying a lot of attention to the region, is visiting very often the region, participating, organizing events, clearly an expression of our specific focus on this region. Once again, also for our own interest, of course, and security and economic interests. Thank you. If I could go back to you, Mr. President, and then also to you, Mr. Prime Minister, on the governance of the project, if you can share if there are some ideas in the future, how it will look like. And then also on the market. So what are your thoughts about how this is, of course, not only a tunnel, but it's actually an ecosystem maybe that is benefiting and maybe creating a new regional market? Yes, I fully agree with the comment of Madame Ebru, because really, she was very right to say it's not just a corridor, and as commissioner said, it's not a tunnel. And we have big expectations, of course, becoming a transit country in the sense of today's reality is important, but for us, the most important thing is jobs and local production. For that purpose, we are working very hard on diversification of our economy, and we think that the transportation not only will be helping us to diversify our exports, so we will export the services, but at the same time, being on route on the middle corridor, at the same time, being on route of the corridor north south creates additional opportunities for business in Azerbaijan. Soon there'll be integration of the free zone in Baku, which is just next door to the seaport, and we hope that this free zone will be a place of manufacturing and a place where companies will find itself appropriate to invest. Improvement of business climate, of course, is one of the main factors of success, because all the countries in the world, even the most developed, they need additional investments. And here, only business climate, of course, is not enough. We're coming back to from what we started and what Prime Minister Garibashvili said about the relationship between countries. This is a really, I think, the unique situation. One of the, I think, most friendly environments on global scale, relationship between Azerbaijan and Georgia, Azerbaijan and Turkey, Georgia and Turkey, and tri-lateral. And by the way, we have several formats of tri-lateral cooperation, ministers of foreign affairs, defense, economy. There also was a leader summit. And we started sharing the profit. We started clearly understanding that it should be a balance. We started with Energy Project, definitely, between producers, transitors and consumers. And we managed to create this win-win situation and, how to say, balance of interests was preserved. So, actually, the railroad connections, which we built relatively recently and which we will expand now from Azerbaijan, Georgia, Turkey, and down to Europe, was inspired by our successful implementation of oil and gas pipeline projects. So, on this side of the corridor, I think everything is settled. Now what we need, we need to create, and I again want to agree with Madame Ebruz, that this should be a kind of a steering committee or kind of a management board of all countries involved, Central Asia, Azerbaijan, Georgia, Turkey, European partners, including all the transportation infrastructure. For instance, we have the biggest trade fleet in the Caspian with 53 vessels, Seaport, Turkmenistan, Kazakhstan, Azerbaijan, railroad connections between Central Asian countries. Also, they're not well connected between themselves. And there are new projects, for instance, projects which China is now initiated, the China-Kyrgyzstan-Uzbekistan railroad project, which eventually will come to the Caspian and then further down in our direction. But also important is to work not only on transportation and advantages of east-west, but also west-east. So far, the most attention is how to bring cargoes from China, Central Asia, through Caspian to Europe. But we need also to think how to have the cargoes in opposite direction. And for that, of course, the business climate in opposite direction should also be in line with our targets. Thank you so much. Same question to the Prime Minister. Thank you. Georgia has one of the best investment climates. Right now, we're number seven in the world in terms of doing business, is our doing business. Besides that, we're among top 10, 20 rankings when it comes to economic freedom or many, many rankings. Therefore, there's a big potential to invest and do business in Georgia. I also want to mention that we also have four free industrial zones. And as President Aliyev mentioned, this is a great opportunity for the foreign companies to bring the factories, industries and invest in us by Georgia in this corridor. Plus, I also want to mention that we want to link this opportunity to the renewables, because Georgia is rich of hydro resources. Right now, we use only 27 percent of hydro. We have developed a strategy. We want to invest a lot in renewables in hydro, solar, wind. So, therefore, the investors and the businesses will be able to use this cheap energy and also the location, which is very strategic and very important. And the ports, and of course, this will all together and this will facilitate doing business for the investors. I also want to mention, in terms of governments, governance of this matter, as President Aliyev mentioned, I think this is a great initiative. We also had a working, let's say, meeting in Kazakhstan at the ministerial level, and where we signed the road map, so-called road map, how to develop, how to facilitate, right, how to lift the barriers. And I think we will agree on further steps and move forward. The plan is that we want to, the initial road map that we already agreed on is 2022, 2027. So, in this time frame, we should prepare the corridor. Thank you so much. If I know you're not in the government, but just since you are from Turkey and Turkey plays such an important role, so if you could, if you know, what would be the footprint of Turkey right now along the corridor? And do you see some areas where Turkish company, your company, or other specific sectors where you want to go, not along only the corridor, but in the market of Eurasia? Where do you see the possibilities? So, as I said, we're a construction infrastructure company. I mean, there's going to be definitely a lot of infrastructure needs here. The rehabilitation of the railroad, railroad is definitely a must, the ports, the highways, and so forth. So, these could be definitely built by companies from Georgia, Azerbaijan, and Turkey. But on the operation side, when this is built, then you will see that private sector looks for opportunities. And if the feasibility is there, private sector invests. We build a new airport in Istanbul, we build the Sabir Gökçen Airport. As soon as the airport is built, suddenly we saw the transfer centers around logistic centers, free trade zones. So, basically, when you reach or when you have the infrastructure, the private sector comes in. And I think that now Turkey, Azerbaijan, Georgia, our region will be an alternative supply for Europe. I mean, this exports and this trade will believe it's definitely going to increase. Turkey is now 90 million. I mean, it's a big market and the same as Georgia and Azerbaijan. Developing our GTP is increasing. So, this ecosystem will have its needs as well. As I said, it's not only a transit, but it will create its own private sector and its own needs. And we'll definitely see a big development there. And I'm not from the government, but I can say that Turkey definitely believes in this, as Mr. President said, win-win situation. And now one of the teams of the World Economic Forum is collaboration. I mean, I think this good friendship and this good relationship in this side of the world could create a very good example in this turmoil that the world is in. And if we could be able to definitely build this infrastructure with the help of the private sector on time and as fast as possible, as we have already done in the energy, I mean, TANUP is one of the gas pipelines we were involved as well. It was built in a record time by QTPCJ on oil pipeline. I mean, it was built in the most efficient way and it's ongoing. It's working very well. So, the same thing can be built and applied in this corridor as well. Thank you. Commissioner, if I could just because I think one of you mentioned that it would be good to also figure out then how do we do the reciprocal west to east, any thoughts on that on your side or is it more of a technical issue that? No, not at all. I mean, I think what we have learned very recently painfully and I think we have, thanks God, given up our naivety in terms that certain suppliers are always there with a low price or certain raw materials will always come or ingredients for pharmaceutical issues etc. So, I think we have now started to understand, we have to rethink and the code word is diversification. And diversification means not only diversification of supply chains but also of so they selling our products to other parts of the world. And Europe is by far the most international continent in the world. So, we are the biggest importer and the biggest exporter and this is why I think we should have and we have every interest to further strengthen our ties by establishing further trade agreements also with partners, for instance in the southeast of the world. We are talking with some Asian countries, Australia, New Zealand, you name it. And for all this trade agreement means to import and to export and therefore by definition very much interested. This is not a one-way street but it's going into both directions. Thank you. Since I have you here Mr. President, I need to of course ask you about energy as well. Specifically, this is webcast so there is also this value of really updating the general public on where we are. What would be your, what is the state of play in terms of I know you've boosted the delivery of energy to Europe? I mean it's short of a miracle frankly. But if you could kind of update us on your thinking for this coming year and strategically maybe for the next decade, both on gas but also if you could tell us around the plants of Azerbaijan which I know you have also around green energy. With respect to natural gas, as soon as we got the request from European Commission, we started immediately to work on different directions. First physical increase of production and then efficiency reduction of losses and looking where else we can save gas which we use for domestic purposes and to channel it to the European market. 2021 our expert to EU market was something more than 8 billion cubic meters. This year it will be at least 11.6 and so the growth is very rapid, of total 24. MOU which was signed between European Commission and Azerbaijan this summer presumes by 2027 we will double the supply. So the supply to European Union will be minimum at the level of 20 billion cubic meters. For that there should be more interconnectors in Europe and one of them in the end of the last year was inaugurated Greece Bulgaria. This allowed us to start to supply to Bulgaria and starting from this year to Romania and to Moldova. At the same time we need to expand brand new facility which Limak also contributed to TANAP from 16 to 32 BCM and TAP from 10 to 20 BCM and you can imagine TAP was inaugurated only two years ago and we thought that this is the volume which Europe will need for long term but now we need to expand so it will be additional financing and we are ready to do it so we are really working very hard in order to satisfy the growing needs of European consumers. On green energy the potential is huge. Caspian Sea wind potential is 157 gigawatt. Onshore potential is 27 and also 10 gigawatt potential is in the territories which we liberated two years ago during the liberation war so almost 200. As Prime Minister mentioned last December we signed an agreement in Bucharest to build a subsea cable from Georgia to Romania and the capacity of this cable will be four gigawatt. Now the feasibility study is under way as soon as it is ready we will think about composition of financing and of course we'll need the support of European financial institutions. Agreement signed with Mazdar will by 2027 add four gigawatt production of wind and solar and six to come until 2037 and MOU with 40 skew future industries provide investments up to 12 gigawatt in Azerbaijan. So really it's it's a new chapter of our energy policy. Oil is done gas is done electricity green hydrogen and all that is in our plans. Thank you. One more thing to you Mr President we have about three minutes left but I of course it's top of mind and I think Commissioner you mentioned it. A lot of people think that if there is economic integration then there's also more stability and peace. So if you could tell us on your relationship with Armenia what can we expect on the how can we have lasting peace from your from your perspective. Where are we two minutes will not be enough. Tell the story. But where are we now. We are in the middle of nowhere because because unfortunately the Armenia did not respond to our proposal to sign peace deal which will be very simple and which will be based on the fundamental principles of international law. Commissioner Han hinted to the absence of Armenia here he said there are two South Caucasian countries but they're at least three. I know whom he meant but why Armenia is not here because our proposal with Georgia to start trilateral format of cooperation was rejected by Armenia. I highly value the efforts of my friend Iraq Gary Gary Bush really who hosted a meeting of foreign ministers of Azerbaijan and Armenia and Georgia and colleague joined. So our suggestion was for leaders to meet in Georgia because Georgia always historically was a place where all the neighbors met but Armenia is not ready for that. And this is one of the potential risks because if free Caucasian countries unite the efforts in energy transportation security stability body delimitation the region will be much safer. Thank you so much. So I'd like to close the session with Mr. Prime Minister also on this. So if you could if you could give me your perspective on how we can get to long lasting peace in South Caucasus but also if you could because I know there you've been of course on the ambition regarding NATO and the EU so kind of the geopolitical outlook so for your country. Well first for regarding the relationship between Azerbaijan and Armenia Georgia is truly a neutral unbiased objective mediator. What President Ali have mentioned this is truly our interest to organize such a meeting trilateral meeting because this region belongs to us belongs to Azerbaijan Georgia Armenia and we really we can transform this region into a region of opportunities peace stability and prosperity. And I also want to mention one thing during the Soviet time and Cold War there was a famous saying trust but but verify. In Davos I heard of interesting formula distrust but cooperate. I haven't heard it. Distrust but cooperate. Thank you so much. This was a wide ranging panel about just to leave you with the thought that I really wish you the best of luck in in in further building the middle corridor and I really hope that again to the point of Commissioner Han that once it's done it's really not only a corridor but it's really a market and ecosystem which can drive prosperity and peace for all. Thank you. Thank you very much. Thank you.