U.S. Trade and Development Agency On the Development of the Middle Corridor

Georgian Deputy Ministers of Economy and Sustainable Development Genadi Arveladze and Inga Pkhaladze met with the Regional Director of the US Trade and Development Agency (USTDA) for Central Asia, North Africa, Europe and Eurasia, Carl Kress.

According to the Ministry, the meeting focused on the Middle Corridor, the ongoing and planned projects of the Georgian government for its development, as well as the possibilities of finding technical support from the American agency in this process.

"The importance of developing regional initiatives such as CAREC (Central Asia Regional Economic Cooperation Program), TRACECA (Europe-Caucasus-Asia Transport Corridor), Trans-European Transport Network, etc. was emphasized. The Georgian side focused on projects of regional importance, the full implementation of which will increase the development of our country as a transport hub.

Among such projects were named the Anaklia deep-sea port, the modernization of the Georgian railway, the completion of the Baku-Tbilisi-Kars railway, the full implementation of the East-West highway, the construction of a new Tbilisi international airport, etc.

The meeting also focused on projects that enhance Georgia's function as a transit hub in various sectors, including the Black Sea submarine cable project, which will connect Georgia to the EU energy market. will connect.

The US Trade and Development Agency has expressed interest in projects aimed at further developing the Middle Corridor," the ministry said in a statement.

In addition to Georgia, the agency's working visit will include exploring opportunities in Armenia and Azerbaijan in the South Caucasus, as well as Bosnia and Herzegovina, which will be aimed at developing transport corridors.

bm.ge