Kazakhstan and Georgia are set to strengthen their mutually beneficial cooperation

Kazakhstan and Georgia are set to strengthen their mutually beneficial cooperation

Kazakhstan and Georgia are set to strengthen their mutually beneficial cooperation. The countries are particularly interested in the development of the transit transport potential. Vice president of an independent provider of price information Yevgeny Krishtalyov believes that Georgia has the capacity to transport oil from Kazakhstan due to the seaports and railroads. Officials of the oil, transport and logistics companies and terminals also expressed readiness to cooperate.    

YEVGENY KRISHTALYOV, GEORGIAN ANALYST:

 - Kazakhstan and Georgia have the potential to develop their cooperation in logistics and communication as these countries are located on the opposite sides of the corridor. Kazakhstan borders China and the Chinese goods are delivered to the European markets through Kazakhstan, the Caspian Sea, Azerbaijan and Georgia. At the moment, this corridor is actively developing. There are transport association and companies that involve both Government bodies and private companies. Therefore, based on the geographical position, Kazakhstan and Georgia have vast capacities to attract large volumes of freight to the corridor.

Both countries are actively implementing large infrastructural projects to increase the freight traffic. The majority of projects are built as part of the new Silk Road. The projects include construction of the Baku-Tbilisi-Kars railway, the deep-water port at Anaklia, the East-West express highway and the development of modern logistics centres.

YEVGENY KRISHTALYOV, GEORGIAN ANALYST:

 - Kazakhstan is reconstructing ports, purchases new trains and platforms to ensure the traffic volumes. The same is happening in Georgia. The Anaklia port is a large project that is considered as the biggest deep-water port in Georgia that will be capable of accommodating large vessels. Therefore, they are also increasing the freight traffic. 

The first loaded vessels will be able to dock at the port of Anaklia in 2021. The Batumi port is planned to be used due to the increased production of the Kazakh oil.

TIMUR ILYASSOV, SENIOR STAFF, PRICE ASSESSMENT COMPANY FOR CASPIAN REGION AND CENTRAL ASIA:

 - Georgia can attract large amounts of dry freight traffic with the production of new oil after 2021 when the largest sea oil deposit Kashagan significantly increases the oil production. Therefore, the Batumi port and terminal will operate more intensively.

According to international analysts, Kazakhstan and Georgia have a large potential for logistics cooperation. Development of this sector will allow the countries to gain more profit from the transit traffic.