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

World Bank voices doubts

Of the 10 new members that joined the European Union in May 2004, the majority of the eight former communist bloc countries plan tight budgets for 2005 more »

Russia 'must spy' on big business

Mikhail Fradkov, Russia’s Prime Minister, has stunned the business community by saying his country's secret service must spy on large corporations to guarantee economic growth more »

Moldova reports increase in industrial production

Moldovan industrial production advanced 6.4 percent in 2004 to USD1.415bn, the Statistics and Sociology Department of the republic announced more »

The Lowest Inflation Rate

Lithuania has the lowest inflation rate among the Baltic States more »

Bulgaria FIBank Launches Eurobond Issue

Bulgaria's First Investment Bank issued EUR 200 M of bonds with a three-year maturity in a sale managed by ABN Amro and Dresdner Kleinword Wasserstein more »

Latvia Vows a Tougher Line on Banks

Latvian Prime Minister Aigars Kalvitis said he will lead a new effort to prosecute and prevent money laundering in the Baltic state to avoid international sanctions against the country's banks more »

Development of Plastic Cards System

Seminar on development of non-cash settlements with use of plastic cards in Uzbekistan more »

Italy-Azerbaijan Investment Conference Due In Rome

A 40-member Azerbaijani business delegation is scheduled to leave for Rome to attend an Italy-Azerbaijan conference on investments due on February 25 more »

Latvia Is Ready to Link Currency to the Euro

Latvia, the European Union's fastest growing economy, is ready to link its currency to the euro in a two-year test period prior to adopting Europe's common currency more »

The Substantial Reforms

Koizumi says Japan's economy recovering, vows to fight deflation more »