Georgia joins Trans-Caspian Forum in US on May 17-18
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Policy and business leaders from the US and the Trans-Caspian corridor countries, including Georgia, will come together at Third Trans-Caspian Forum on May 17-18, 2018 to discuss opportunities and challenges in enhancing their strategic engagement and explore business, trade and investment opportunities to the benefit of all concerned.
The Trans-Caspian East-West Trade and Transit Corridor is a regional integrator, trade facilitator and viable transit connector between Europe and Asia.
.@GeorgianEmbassy's .@BakradzeDavid is happy to announce the 3rd #TransCaspian2018 Annual Forum and says #Georgia is bringing the region closer to the U.S to discuss the ties in trade and commerce, energy security and #innovations. See the testimonials https://t.co/I5fzoROyNspic.twitter.com/EnKoqNDegl
— CPC (@caspiancenter) May 9, 2018
Comprised of Azerbaijan, Georgia and Turkey to the west, and Kazakhstan, Turkmenistan Uzbekistan and Afghanistan to the east of the Caspian Sea, this corridor brings together a market of more than 200 million strong while connecting the economies of the European Union and China along with access to Russia, Iran, Pakistan and India.
The United States has been playing an important role in the development of this corridor through joint initiatives to increase regional connectivity through oil and gas pipelines, to facilitate intra-regional cooperation and trade such as the Baku-Tbilisi-Ceyhan oil pipeline, Baku-Tbilisi-Kars railway, Southern Gas Corridor, Lapis-Lazuli transport route and the "C5+1” format.
China will help Georgia develop a Trans-Caspian international transport corridor, the so called ‘middle corridor’ within the "One Belt, One Road” initiative, announces Georgia’s Ministry of Economy.
Georgia will play an important transit role connecting China, Turkey and Europe via the Trans-Caspian international transport route which runs through China, Kazakhstan, Azerbaijan, Georgia and then through Turkey and Ukraine to Europe.
Georgia, Kazakhstan, Ukraine and Azerbaijan are joining forces to increase freight turnover, ensure uninterrupted traffic, transit of goods between member countries of the Trans-Caspian International Transport Route (TMTM).
The first ever professionally completed map of the historic railway line linking Georgia with Azerbaijan and Turkey has been published to celebrate the anniversary of the birth of the Georgian national railway.
Georgian and Kazakh Prime Ministers met in Nursultan earlier today, and agreed to strengthen transport ties and increase the number of flights between the two countries to benefit tourism. Both PMs stated that Georgia is able play a role of an important transport corridor.