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

Doing Business 2010: Governments Set New Record in Business Regulation Reform

A record 131 economies around the globe reformed business regulation in 2008/09, according to the IFC–World Bank Doing Business 2010 report. more »

Haiti: WB Approves US$5 Million Grant for Electricity Services

The World Bank’s Board of Directors today approved a US$5 million grant to improve the quality of electricity services in Haiti and strengthen the financial and operational performance of Electricité d’Haïti, the public electricity utility. more »

Families Becoming Farmers in Tajikistan

Firuza Ziyoeva, a 42-year old mother of five, lacks any sustainable income for her family – her husband is unable to work due to disabilities and their children are all young. more »

IMF Managing Director Dominique Strauss-Kahn Welcomes Singapore’s Commitment of Additional Financial Support for the IMF

The Managing Director of the International Monetary Fund (IMF), Mr. Dominique Strauss-Kahn, made the following statement today regarding Singapore’s commitment to increase fourfold its contribution to the Fund’s New Arrangements to Borrow (NAB) by US$1.5 billion, to a total of US$2 billion. more »

Foreign trade of Lithuania in I half-year 2009

Statistics Lithuania reports that, based on non-final data obtained from customs declarations and Intrastat reporting data, exports in I half-year 2009 made LTL 19 billion, while imports – LTL 21.2 billion. more »

AB Bank SNORAS is the first who suggests certificates of deposits in Lithuania

Since 7 September 2009 AB Bank SNORAS for residents and economy subjects begins to distribute a new savings product - certificates of deposits. more »

Africa's chief development banker urges regional cooperation

“We are 53 diverse countries differently affected by the crisis, 1 billion people that cannot be ignored”. That was the stark message to Members of Parliament's Development Committee from Donald Kaberuka, the head of Africa's Development Bank at a hearing on 3 September in Brussels. more »

Spain: EIB provides EUR 450 million for air traffic control facilities

The European Investment Bank has granted a EUR 450 million loan to AENA (Aeropuertos Españoles y Navegación Aérea) for upgrading and expanding Spain’s air traffic control facilities in order to optimise their overall efficiency and ensure that they comply with international regulations. more »

Prices for industrial production in August 2009 increased by 0.9 per cent

Statistics Lithuania informs that in August 2009, against July, prices for total industrial production sold increased by 0.9 per cent. more »

U.S. jobless rate at 26-yr peak

Despite signs the near two-year U.S. recession may be over - Americans are still finding it hard to get a job. more »