Georgia and Kazakhstan to offer joint logistics projects to international companies
Georgian PM also noted that Kazakhstan is interested in exporting more wheat to Georgia. Photo: Gov't of Georgia.
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Georgia and Kazakhstan will offer joint logistics projects to international companies, announces Georgian Prime Minister Mamuka Bakhtadze while summarising yesterday’s meetings under his official visit to Kazakhstan.
Bakhtadze said that Kazakhstan is an important partner and friend of Georgia.
Kazakhstan is one of the largest investors in our economy. Last year, our trade grew 35%. Similarly, our exports to Kazakhstan are growing in leaps and bounds. Today a very important agreement was signed – a roadmap seeking to double trade between the two countries over the next couple of years”, Bakhtadze said.
He also noted that Kazakhstan is interested in exporting more wheat to Georgia.
In addition, using Georgia's ports will enable Kazakhstan to increase export to the Mediterranean. It is a complex project that requires careful development, but I am convinced that, together, we will make it work. At the same time, we can offer absolutely new products to the international market, such as the chemical industry, for example”, Bakhtadze said.
Today Bakhtadze will take part in the Astana Economic Forum to discuss Georgia's investment potential.
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.
Georgia and Kazakhstan are taking another step to develop the so-called “middle corridor” at the 10th Session of the Intergovernmental Commission on Economic Cooperation between Georgia and Kazakhstan.
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).
A Georgian consulate has been opened in Kazakhstan, accompanied by a Georgia-Kazakhstan business forum.
‘Georgia has ambitions to become regional multi-profile centre’
Georgian Prime Minister Mamuka Bakhtadze participated at the Astana Economic Forum held in Kazakhstan where he said that Georgia has ambitions to become the region’s multi-profile centre.
Georgian cargo turnover amounted to 42.3 million tonnes in 2019 which is 1.2 million tonnes more compared to 2018, show data from the Ministry of Economy.
Georgian cargo turnover has increased in January-July 2020 despite the coronavirus pandemic, show data from the Ministry of Economy.
Export and transit cargos from Kazakhstan will be redirected to the Trans-Caspian International Transport Route (TMTM) crossing Azerbaijan, Georgia and Turkey, Kairbek Uskenbayev, the Minister of Industry and Infrastructure Development of Kazakhstan, announced on Tuesday.