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Floating mines used in the ongoing Ukraine war already pose a risk to ships in those waters. A 2022 road map from the World Bank, the International Finance Corp., The town was destroyed and abandoned during Azerbaijans recent war with the Armenia-backed breakaway region of Nagorno-Karabakh. Bulgaria wants in, as does Armenia.
It’s a formidable task, considering that it would stretch across nearly 1,200 kilometers of water, most of which is over 2 km deep, and, since Russia’s invasion of Ukraine, littered with floating mines. If selected, “the project could qualify for 50 percent grant financing,” says Gachechiladze. It’s a huge budget. billion ($2.5
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