Economy, Domestic Economy

Georgia, Iran, Azerbaijan to Launch Transport Corridor

Georgia, Iran, Azerbaijan to Launch Transport Corridor
Georgia, Iran, Azerbaijan to Launch Transport Corridor

Heads of Georgian, Iranian and Azerbaijani railroads have discussed the issue of launching the new South-West Transport Corridor where Georgia will play a vital transit role connecting Persian Gulf and India to Europe.

In a meeting held in the Georgian capital Tbilisi on Tuesday, the three sides agreed to create a working group to coordinate joint work, Tbilisi-based newspaper Georgia Today reported.

The countries involved believe that the main advantage of the new project is the reduction of the distance and delivery time, as cargo transportation from Persian Gulf and India to Europe usually takes 30-40 days.  

It was also decided to launch negotiations with sea freight carriers to optimize the prices for cargo transportation on the sea section of the route.

“The project is very important as it links two big economies with the fastest route. The project will increase cargo turnover on Iranian, Azerbaijani and Georgian railways,” said Levan Sulaberidze, director of GR Logistics and Terminals, a full subsidiary of Georgian Railway.

Managing Director of Iran Railways Saeed Mohammadzadeh said the project was very important.

“Very interesting proposals have been presented by the Georgian Railway, which I am sure will encourage rail traffic between the two countries,” he stated at the project presentation.

Chairman of Azerbaijan Railway CJSC Javid Gurbanov also noted that the new project has a good prospect.

“We want to create a united tariff system to better control the cargo transit. I am glad that the government of Georgia created several free trade zones,” he said.

Mamuka Bakhtadze, general director of Georgian Railway, Gurbanov and Mohammadzadeh signed the related document at the meeting.


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