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European Commission's Transport and Mobility Director General Henrik Hololei to Visit Georgia

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Within the frames within the visit, meetings is going to be held when using the Minister of Economy and Sustainable Continuing development of Georgia Giorgi Kobulia and various executive officials of the country as well as representatives of transport companies.

On January 29, Henrik Hololei normally takes part in the first meeting in the EU-Georgia High-Level Dialogue on Transport Issues.

The definitive goal of establishing this format will be to develop and deepen cooperation regarding the EU and Georgia. On the first meeting scheduled in Tbilisi, the sides will discuss strategic topics for example building a trans-European transport network in Eastern Partnership countries.

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Economy

Baku-Tbilisi-Kars C Commerce or Politics

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What can we have in fact? Which type along with what degree of cargo has become transported through this season? Neither the federal government nor the railroad have publicized any info on this trouble. As per the Turkish government, during the first year, as many as 116 trains transported 110,000 a lot of cargo. Reported by specialists, this is usually a tiny volume for the project, which financed exactly the Georgian section ?775 million USD.

The countries working in the project haven\’t introduced a joint tariff policy, and trains run at really low speed. These 4 elements are believed to be for being key defects for that route. Based on analysts, the Trans-Asia corridor, which crosses Kazakhstan, Russia and Ukraine, will be the main competitor for your Baku-Tbilisi-Kars section.

A high-speed Trans-Asia route might be more profitable, and will be much more so before long, as ?the velocity will go nearly 200km/hour, along with its competitive capacity raises. It has to be noted that 120km/h could be the highest speed ?for any Baku-Tbilisi-Kars railroad. However, you can find one component that leads analysts to presume the current situation may change. The problem is of course the Russia-Ukraine conflict.

According to specialists, in case the current situation remains unchanged ,or it worsens before long, area of the Trans-Asia cargo may very well be redirected southern area Caucasus.

At this stage, Baku-Tbilisi-Kars railroad transports two kinds of cargo to the west: cargo for Turkey and cargo for Europe.

Since cargo transport is going to be limited via the Marmarai Tunnel (the tunnel supplies mainly for ?cargo transport for six hours, when the Istanbul subway line is closed), and also this cargo is going to be focused on Europe in the seaports of Turkey. Consequently, cargo flow to Europe will miss Georgian Seaports.

According to specialists, for countless years Georgia should never be ready to receive considerable revenues from cargo transit. The problem may change if cargo transit volume grows. Initially, the annual cargo turnover are going to be 6.5 million tons, in your long-time the figure may rise to 17 million tons.

Railroad specialist David Gochava noted the fact that Baku-Tbilisi-Kars railway corridor will bring advantages to Georgia only in one case: if Georgian Railway carries out transit from Akhalkalaki to ?Turkish railways. However, Gochava says that it really is questionable whether or not the current control over Georgian Railway will be able to undertake this project.

The total entire Baku-Tbilisi-Kars railway is 826 kilometers, together with a 503 km section in Azerbaijan, a 255 km section in Georgia and 68 kilometers in Turkey. Initially, this route is anticipated to hold 1 million passengers. In accordance with design calculations, this figure will rise to a few million passengers by 2030.

By Zurab Khachapuridze

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Economy

Davos Podcast: Marcomms Leaders From Philip Morris, UNWFP & TCS

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The Holmes Report’s Arun Sudhaman sits down with a trio of senior marcomms leaders along at the 2019 World Economic Forum at?Davos, discussing the event’s enduring significance, and also the challenges facing the established world order. For the new, PMI communications SVP Marian Salzman discusses her surprising decision to sign up for ‘big tobacco’ following a lengthy stint leading advertising and PR agencies. Salzman is followed by UN World Food Programme communications director Corinne Woods, who explores her organization’s marketing challenges, along with the benefits Davos brings for NGOs. Finally, Davos veteran and TCS CMCO Abhinav Kumar joins the show to present his reflections in this particular year’s event and also the continuing perception gap that plagues the modern world Economic Forum.

The Echo Chamber podcast is made by Markettiers?and sponsored by?The Bulleit Group.

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Prime Minister Outlines Meetings Located in Davos

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Head of Government of Georgia noted that meetings were held both with business and political leaders. It is extremely gratifying that success achieved by Georgia was noted at every economic panel held within the key-note event.

“Georgia is named quite possibly the most successful country, which underwent both democratic and economic transformation. I take great pride in hearing this. A number of neighbors request us to help them in the implementation of reforms which may have already been completed in Georgia. We used this platform and held vitally important negotiations with companies that decide to make foreign direct investments (FDI) in Georgia. Interest may be expressed towards all sectors, originating in consumption goods and ended with energy. It had been particularly indispensable for me to meet companies operating while in the sector of high technologies. They perceive legislation that any of us intend to introduce through the wife or husband of the year being an essential pre-requisite for their experience of Georgia. Unfortunately, we haven\’t seen abundance of advanced investments lately in fact it is particularly crucial will be able to get investments exactly from companies operating while in the sector of high technologies” added the optimal Minister of Georgia.

In the opinion with the Head of Government of Georgia, equally significant were the meetings held on education system reform, which have been linked to the innovations to make towards this contribute to Georgia. Country genuinely features a tremendous support in this area.

“Biggest message from our side was that Georgia has all of the preconditions to become a fiscal hub in the region and feedback was positive towards this plan. Georgia will essentially transform into financial hub of our region, consequently we\’ll be competent to create more jobs and eventually combat poverty in the country” concluded the number one Minister of Georgia.

Head of presidency of Georgia also summarized the important thing political meetings held inside scope of the planet Economic Forum (WEF) in Davos and noted that tangible progress of the country is noted again towards European and Euro-Atlantic integration.

“Collective messages for Georgia were again heard from all friendly nations and I need to particularly thank them because of this. 2018 had been a very significant year and that we had undoubtedly tangible progress towards European and Euro-Atlantic integration. My business is positive that 2019 will probably be a great deal more successful” stated the Prime Minister of Georgia.

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