Uzbek export cargo processed by Georgian ports grew by 72% in 2022

By Muzaffar Ismailov in Tashkent July 20, 2023

Uzbekistan last year expanded its volume of cargo sent through Georgian ports by 72% from 503,000 tonnes to 864,000 tonnes, according to the Uzbek transport ministry.

The eyecatching statistic was provided during an official visit paid by an Uzbek government delegation to Georgia this week. During the visit, Uzbekistan's Transport Minister Ilkhom Makhkamov and Georgian Minister of Economy and Sustainable Development Levan Davitashvili signed a memorandum of understanding covering the field of transport.

The document provides for the construction or long-term leasing of Georgian Black Sea terminals and port warehouses. The two sides also aim to cooperate in civil aviation and road transport.

Uzbek export cargo processed in Georgia for Black Sea transit is dealt with at the ports of Poti and Batumi.

Related Articles

Uzbekistan Railways pushes development of Central Asia – South Caucasus – Anatolia CASCA+ transit corridor

Uzbekistan Railways has put forward a proposal to establish a consortium to coordinate the activities of the Central Asia –South Caucasus – Anatolia (CASCA+) transit corridor. The matter was ... more

Armenia gives preliminary consent to purchase of Ameriabank by Bank of Georgia

The Central Bank of Armenia's Board has preliminarily approved the acquisition of a significant stake in Ameriabank CJSC by Bank of Georgia Group PLC (BOGG) and Bank of Georgia JSC, according ... more

TBC Bank reports 2023 profit up 14% y/y to GEL1.14 billion

In 4Q 2023, TBC Bank made a profit of GEL291 million, representing a 30% YoY increase, with a return on equity (ROE) at 25%, according to unaudited preliminary consolidated financial ... more

Dismiss