It aims to create multi modal international transport transit corridor. It has Oman, Iran, Turkmenistan and Uzbekistan as founding members. Kazakhstan has also joined this arrangement subsequently. Pakistan joined Ashgabat agreement in 2016. India has also become member of the agreement, which would enable India to utilize this existing transport and transit corridor to facilitate trade and commercial interaction with the Eurasian region.  Further, this would synchronise with our efforts to implement the International North South Transport Corridor for enhanced connectivity.  The Lapis Lazuli Corridor is an agreement between Afghanistan, Turkmenistan, Azerbaijan, Georgia and Turkey seeking to foster transit and trade cooperation by reducing barriers facing transit trade.