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Railway Chief: Georgia offers cheaper transit for Kazakh grain supplies to Egypt

Business Materials 23 January 2010 14:05 (UTC +04:00)
Georgia offers Egypt its territory for import of Kazakh grain at the price two times cheaper than Russian route. Georgian Governmental delegation headed by Prime Minister Nika Giluari held negotiations on this issue in Egypt on Jan. 20.
Railway Chief: Georgia offers cheaper transit for Kazakh grain supplies to Egypt

Georgia, Tbilisi, Jan. 23 / Trend , N.Kirtskhalia /

Georgia offers Egypt its territory for import of Kazakh grain at the price two times cheaper than Russian route. Georgian Governmental delegation headed by Prime Minister Nika Giluari held negotiations on this issue in Egypt on Jan. 20.

Georgian Railway Head Irakli Ezugbaya said to journalists that Georgia is ready to offer Egypt its territory as transit for import of goods from Kazakhstan.

Georgia's rates for the transit of Kazakh grains to Egypt are less by 50 percent than Russia's," Ezugbaya said without specifying the cost of transit.

He said involving goods provided for Egypt from Kazakhstan will bring additional income to Georgian budget.

"Besides, relevant infrastructure which will create additional job places will be built in Georgian sea ports," Ezugbaya added.

Georgian State Minister for International Affairs Mayza Azinava has also made a statement on the prospects of cooperation with Georgia. She said that Egypt is also interested in the construction of hydro power station and the pharmaceutical market in Georgia.

"Egypt will be Georgia's important partner. We're glad that we sat at a table of talks and they were fruitful," Azinava said.

This week, the chairman of Kazagro JSC Asylzhan Mamytbekov said Kazakhstan intends to supply 1.5 million tons of grain to Egypt in 2010. Deliveries will be carried out within the agreement between Kazakhstan JSC "Food Corporation" and the Egyptian Venus International.

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