Georgian PM: Georgia’s geo-strategic location "crucial link" on EU global connectivity map, connecting West, East
"The expansion of the main European transport network and the economic and investment plan of the Eastern Partnership offer us important tools for supporting the strategic projects of national and wide regional importance", the Head of the Government noted. Photo: Government Administration
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Georgia's strategic geographic location makes a "natural bridge" connecting the West and the East and is a gateway to eight landlocked countries of the South Caucasus and Central Asia, which is a crucial link on the European Union's Global Connectivity map and a game changer, when it comes to diversification of transport routes and energy supply, Georgian Prime Minister Irakli Garibashvili said on Saturday.
In his speech at the signing ceremony of an Agreement on a Strategic Partnership in the field of Green Energy Development and Transmission between the Governments of Georgia, Azerbaijan, Romania and Hungary, Garibashvili said “current geopolitical challenges” and the ongoing war in Ukraine have “further highlighted” the need for diversification and resilience to address “urgent” challenges in the energy security field, the Government Administration said.
As the Georgian PM noted, the “connectivity” had become a “top priority” and the Georgian Government had developed a “special vision” to connect the Caucasus region and Europe. The country has been “actively” investing in the expansion and modernisation of energy, digital, and transport infrastructure, which are brought in compliance with the standards of the EU and the obligations taken by Georgia under the Association Agreement, the Deep and Comprehensive Free Trade Area and the European Common Aviation Area Agreements, he added.
The expansion of the main European transport network and the economic and investment plan of the Eastern Partnership provide important tools to facilitate investments in the strategic projects that have national and the wider regional value as well.", the Head of the Government noted.
He thanked the Romanian side for organising and hosting the “historic” event of the signing of the Agreement and the European Commission President Ursula von der Leyen for supporting the project.
Dear Colleagues, Dear Friends,I am pleased to address the distinguished audience at today’s important gathering. At the outset, I would like to thank the Romanian side for hosting and organising this event, which has a historical importance. I also thank Ursula von der Leyen, President of the European Commission for supporting the project.
Georgian Prime Minister Irakli Garibashvili on Friday left for a working visit to the Romanian capital of Bucharest, with the signing of an agreement on “strategic partnership” with the governments of Azerbaijan, Romania and Hungary for the development and transmission of green energy on the agenda of the Government head.
Oliver Varhelyi, the European Union Commissioner for Neighbourhood and Enlargement Policy, on Sunday announced the bloc would allocate €17 billion for the economic and investment plan of its Eastern Partnership initiative, including €2.3 billion in estimated total investments for the Black Sea Strategic Submarine Electricity Cable.
Pawel Herczynski, the European Union Ambassador to Georgia, on Thursday said Georgia’s location placed “high importance” on the country in its role as an alternative trade route for transportation of goods from Asia to Europe in the wake of Russia’s ongoing war against Ukraine.
Romanian President Klaus Iohannis on Saturday said he expected that maritime transport would be expanded with Georgia at the signing ceremony of the Agreement on a strategic partnership in the field of green energy development and transmission between the governments of Georgia, Azerbaijan, Romania and Hungary.
Georgian Prime Minister Irakli Garibashvili and his Romanian counterpart Nicolae Ciucă on Saturday highlighted the importance of signing the Agreement on Strategic Partnership in the field of Green Energy Development and Transmission between the Governments of Georgia, Azerbaijan, Romania and Hungary, amid the current challenges of European energy security.
The Black Sea strategic submarine electricity cable between Georgia and the European Union will be a “window of new opportunities”, which will turn the country into an electricity hub and improve the internal energy market, the European Commission President Ursula von der Leyen said on Saturday at the signing ceremony of the Agreement on Strategic Partnership in the field of Green Energy Development and Transmission between Azerbaijan, Georgia, Romania and Hungary.
Georgian Prime Minister Irakli Garibashvili on Saturday said strengthening the interconnections and energy transit capabilities of the region was of strategic importance for the Government, at the plenary session on Strategic Partnership Agreement for Green Energy Development and Transmission.
The Black Sea submarine electricity cable is a strategic project of the 21st century, which will change Georgia’s role in the Black Sea region and the international area and will make the country’s energy sector “even more attractive” for investors, Georgian Economy Minister Levan Davitashvili told the media on Saturday.
The high officials of Georgia, Azerbaijan, Romania and Hungary on Saturday signed an Agreement on the Black Sea Submarine Electricity Cable project in Bucharest, to export green energy to Europe via Georgia.
Development of multimodal and maritime transport, facilitation of border crossing procedures and other questions are being discussed at the annual meeting of the Intergovernmental Commission of TRACECA, an international transport cooperation programme between the European Union and its partner countries in Eastern Europe, South Caucasus and Central Asia, hosted in the Georgian capital city of Tbilisi.
Paweł Herczyński, the Ambassador of the European Union to Georgia, on Friday said the role of the Middle Corridor, the logistics route linking Europe and Asia via the South Caucasus, was increasing and added the EU was supporting the project for facilitating its increased scope of operation.
The European Union market has been becoming “more stable and predictable” for Georgian exporters, increasing exports of goods to the EU countries to a “record” number, Georgian Deputy Economy Minister Genadi Arveladze said on Friday.