Turkish Firms Will Play A Vital Role In Georgia

Published: 19 September 2005 y., Monday

Turkish State Minister Kursad Tuzmen has indicated on Tuesday that the investments to be made in Georgia are prominent for the country's future. ''Turkish firms will play a vital role in Georgia,'' said Tuzmen.

Participating in the Turkey-Georgia Joint Economic Commission meeting in Tbilisi, Tuzmen noted that up until recently projects such as the Baku-Tbilisi-Ceyhan oil pipeline, Baku-Tbilisi-Erzurum natural gas pipeline and Kars-Ahilkelek-Tbilisi-Baku railway could not have been imagined.

Tuzmen held a meeting with the Georgian Prime Minister Zurab Noghaideli today.

''We hope to increase our trade volume with Georgia to two billion USD in the next three years,'' stated Tuzmen. ''It is our goal to make the Black Sea region a free trade zone.''

Meanwhile, Noghaideli stressed that transportation between Turkey and Georgia is highly important. ''We will renovate the Sarp border pass and construct a new highway between Turkey and Georgia. Turkey-Georgia international highway's part on Georgian territories will be completed by 2010,'' said Noghaideli.

Šaltinis: turkishpress.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Investing in Poland pays well, says Merril Lynch report

According to a report published yesterday by Merril Lynch, no other member country has gained more than Poland from EU accession more »

Russia negotiates early repayment of Paris Club debt

Russia is negotiating the early repayment of its Paris Club debt, President Vladimir Putin said yesterday more »

Investors circle over Eurobank

According to reports, the owner of Eurobank is ready to sell the company for $150-180 million more »

KAZAKH PRESIDENT DECRIES BLOATED COMPANIES

At a cabinet meeting on 1 February, Kazakh President Nursultan Nazarbaev criticized state-owned companies, banks and large holding companies for holding too many noncore assets more »

Lisbon re-booted

Commission rallies EU governments to collective economic cause more »

Lhe Lowest tax-to-GDP Ratio

Lithuania offers the lowest tax-to-GDP ratio in the EU more »

Romanian credit outlook raised by S&P

International ratings agency Standard and Poor's has raised Romania's credit outlook to positive from stable, the Rompres news agency reported Tuesday more »

Member States need to embrace reform decisively

Member States need to embrace reform more decisively to create more growth and jobs, EU Commission reports show more »

Poland budget reform plans

Jan Rokita, tipped to become Poland’s prime minister after 2005 elections, wants swift public finance reforms including a weaker role for the finance minister in creating annual budgets more »

A Preliminary Report

Latvia’s Parex banka posts 12 pct profit growth to EUR 21.3 mln for 2004 more »