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High-level meeting continues to bring Georgia and the European Union closer together

Brussels, Belgium (PortSEurope) November 21, 2018 – European Commissioners, headed by President Jean-Claude Juncker, along with members of the Government of Georgia, led by Prime Minister Mamuka Bakhtadze, held a high-level meeting today in Brussels.

A number of actions have been agreed. In the field of the economy, one action is €3.4 billion ($3.88 billion) for 18 priority transport investment projects in Georgia.

As a key transit country between Europe and Asia, Georgia has a crucial role to play in trans-continental connectivity. The Indicative TEN-T Investment Action Plan identifies 18 priority projects across all transport modes – rail, road, port and airports – in order to improve the mobility of people, goods and services, bringing huge benefits to Georgia’s economy, to be financed from public and private funds, leveraging funds from international financial institutions.

Source: EU Commission

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