One of the most important joint projects of Europeans and Asians was the program for improving the transport routes going through the region bypassing Russia. The main source of financing of the project “Traceca” (transport corridor Europe — the Caucasus — Asia), which provides for the creation of a new system of trading routes from Europe through the Black Sea, the Caucasus and the Caspian Sea to Central Asia, is the EBRD. It is planned to create new ones and the improvement of existing transport routes, and the project is moving at least slowly, but steadily. When it is completed, the time of transit from China to Europe will be reduced to several days. The main driving force of the Traceca project is the desire of Europeans to take advantage of the more and more expanding Chinese market, simultaneously contributing to the development of the markets of Ukraine and the Caspian states so that European goods there take the place of Russian. The slow pace of the implementation of this project allow Europeans to invest, taking into account changes in market conditions and make it possible to suspend it if the market development slows down or any riots arise.
