The Kars-Akhalkalaki-Tbilisi-Baku railroad will become a new corridor for Asia to Europe, stated German Ambassador to Baku Per Christopher Stanchina. He said this project is important for all participants and TRASECA will never object to it. The ambassador explained European Union's refusal to finance the Kars-Akhalkalaki-Tbilisi-Baku project by saying that such projects are expensive and the organization just could not provide means for it. P. Stanchina also stressed how much the project is profitable will show the future. He also did not exclude the possibility to finance the railway project by international organizations in future, 'Trend' reports.