...

Batumi, Poti and Klaipeda ports sign memorandum of cooperation

Business Materials 28 November 2011 13:15 (UTC +04:00)

Georgia, Tbilisi, Nov.28 / Trend, N. Kirtskhalia /

Batumi, Poti and Klaipeda ports have signed a Memorandum of Cooperation, the Georgian Economy Ministry told Trend on Monday.

During the Georgian Economy Minister Vera Kobalia's visit to Vilnius last week, the Lithuanian side made an offer to Georgia to take part in transportation projects.
The meeting with the Lithuanian Economy Minister Rimantas Žylius focused on attracting his country's investments in Georgia's economy, particularly in the area of communications and IT.

Both sides stressed the growth of trade turnover between the two countries. Last year it increased by 31 per cent, totalling $36 million. As of the first nine months of 2011 growth hit 77 per cent, including exports which increased by 127 per cent. It was noted the two countries have great export potential.

Also during the visit Ms Kobalia and Lithuanian Transport and Communications Minister Eligius Mesiulis signed a protocol and memorandum of cooperation between the Batumi, Poti and Klaipeda ports. The Lithuanian side offered Georgia the facility to become involved in transportation projects, of which the priority is the 'Viking'.

This is a container train which carries freight traffic from the Black Sea Ukrainian port of Ilyichevsk in the Baltic port of Klaipeda. Now the transit of the Viking through Georgian ports is under discussion.

Also transport ministers of the Viking project participating countries (besides Lithuania and Georgia, Ukraine and Belarus which take part) will meet in the near future.

Latest

Latest