Economy Minister highlights Middle Corridor as “effective way” to strengthen trade between Europe, Asia
In his interview with the Chinese media, Davitashvili said the Trans-Caspian International Transport Route was “one of the main priorities” for Georgia, which is located at the crossroads of Europe and Asia. Photo via Economy Ministry
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Georgian Economy Minister Levan Davitashvili on Wednesday highlighted the Middle Corridor as “an effective way” to strengthen trade between Europe and Asia.
In his interview with the Chinese media, Davitashvili said the Trans-Caspian International Transport Route was “one of the main priorities” for Georgia, which is located at the crossroads of Europe and Asia.
The Middle Corridor will connect China, Kazakhstan, Azerbaijan, Georgia, and the European Union. Cargo can go through Georgia to Turkey or directly to European cities”, the Minister noted.
He added that a global infrastructure development strategy - the Belt and Road Initiative - adopted by the Chinese Government in 2013 was a “large-scale” infrastructure investment initiative important for the participant countries for the development of their infrastructure.
The Georgian Minister also spoke about several important political and economic issues with the Chinese media, including the existing partnership with the country and the prospects of developing the relations.
Georgian Economy Minister Levan Davitashvili on Wednesday said the Government was paying “special attention” to strengthening the country's transit function.
Priority areas of economic cooperation were discussed on Monday in a meeting between Georgian Economy Minister Levan Davitashvili and Wang Wentao, the Chinese Minister of Commerce, the Georgian Ministry of Economy said.
A delegation from Georgian Railway joined counterparts from Turkey, Azerbaijan, Kazakhstan and Romania on Sunday in the Kazakh port city of Aktau to discuss the project of the Middle Corridor of the Trans-Caspian International Transport Route, aimed to connect supply chains and logistics between China and Europe.
Georgian Prime Minister Irakli Garibashvili on Friday said his Government was working with counterparts from Azerbaijan and Kazakhstan to “remove all barriers” and make the Middle Corridor, a logistics route connecting Central Asia and China to Europe via the South Caucasus, “more attractive”.