Turkish Firms Will Play A Vital Role In Georgia

Published: 19 September 2005 y., Monday
Print icon twitter icon facebook icon Send mail icon Print icon

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

EBRD makes equity investment in Croatian geodetic company

The EBRD is making a €4 million equity investment in Geofoto, a Croatian geodetic company offering mapping, geodetic survey, photogrammetry, geoinformatics and aerial survey services, to support its drive to expand operations on international level. more »

Business And Eeconomics
Published: 12/02/2010

Strong year - risk-adjusted profit up 22%

Nordea came out of 2009 in an even stronger position, despite one of the most challenging years for decades. Risk-adjusted profit increased 22% and our capital position and cost of funding are among the best in Europe. more »

Business And Eeconomics
Published: 12/02/2010

Small business start-ups by the unemployed: deal agreed on funding

MEPs gave the green light on Thursday for EU funding to help Europe's unemployed start up small businesses. more »

Business And Eeconomics
Published: 11/02/2010

Yemen: international efforts needed to prevent crisis escalation

MEPs are deeply concerned about the long-standing and growing presence of al-Qaeda, and the deteriorating security, social and economic problems in Yemen, which they think could destabilise neighbouring countries. more »

Business And Eeconomics
Published: 11/02/2010

Africa: Fighting the Global Economic Crisis through Private Enterprise, Innovation and Integration

At the start of a new decade, Sub Saharan Africa is reeling from the effects of three major global crises – food, fuel and financial – that have reversed many of the economic achievements of the last 10 years and left some growth projections at levels below those of 30 years ago. more »

Business And Eeconomics
Published: 10/02/2010

5th High-level Seminar of Central Banks in the East Asia-Pacific Region and the Euro Area

The 5th High-level Seminar of Central Banks in the East Asia-Pacific Region and the Euro Area was jointly organised by the European Central Bank and the Reserve Bank of Australia, in cooperation with the Hong Kong Monetary Authority. more »

Business And Eeconomics
Published: 10/02/2010

EBRD and EFSE support micro and small businesses in Moldova

The EBRD and European Fund for Southeast Europe are boosting the availability of financing to private businesses in Moldova with a $10 million loan to ProCredit Bank in Moldova for on-lending to micro and small enterprises. more »

Business And Eeconomics
Published: 10/02/2010

EBRD finances new shopping centre in Croatia

The EBRD is supporting the development of the retail infrastructure in Croatia with a €68 million loan to finance the construction of a modern shopping centre in Split, the second largest city in Croatia. more »

Business And Eeconomics
Published: 10/02/2010

EBRD agrees to sell 15 percent stake in Swedbank’s Russian banking arm

The European Bank for Reconstruction and Development has agreed to sell its 15 percent stake in OAO Swedbank Russia to its parent and major stakeholder, Sweden’s Swedbank AB, a move which would give it full ownership of its Russian subsidiary. more »

Business And Eeconomics
Published: 10/02/2010

Ministers of Industry agree that the European Commission should promote a common strategy on electric cars

The Ministers of Industry took the first steps in San Sebastián today to make the electric vehicle a reality in Europe and agreed that European institutions, with the EC at the head, should lead a common strategy on electric vehicles. more »

Business And Eeconomics
Published: 10/02/2010

Top News