“Active phase” of Black Sea submarine cable project talks is announced by Georgia’s Azerbaijan Ambassador

As Zurab Pataradze, the Georgian Ambassador to Azerbaijan, said on Friday, negotiations on the Black Sea submarine cable project intended to connect the grids of the South Caucasus and European Union member states are in an “active phase”.
According to him, the talks will end very soon, and involvement in this project will become evident. Georgia’s position will not only be the one of a transitory country, but primarily the position of an electricity exporting country.
As Pataradze added, a “great emphasis” was put by the Government on the development of renewable energy. It was doing “its best” to move the project to the next stage “on time”.
Trade relations between the two countries were characterized by the Ambassador as “unprecedented”.
He said that the trade turnover between the countries will exceed one billion [US dollars] this year due to the great potential of the trade corridor in terms of transit and a number of important projects that are being implemented in this direction.
The Middle Corridor [a logistics route connecting China with Europe through the South Caucasus region] is being strengthened and promoted in order to attract more cargo to the region and to complete the Baku-Tbilisi-Kars [railway] project.
According to Pataradze, the expansion of the railway route would be completed early next year, enabling rail transportation of about five million tons of cargo.
NH Logistics GEO has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Georgia and Eurasia, supporting many clients with their import/export shipments.

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