Home / Economy / Memorandum Signed Between Georgian Railway and Chinese Lianyungang port

Memorandum Signed Between Georgian Railway and Chinese Lianyungang port

Today a memorandum was signed between the Georgian Railway and China’s “Lianyungang ” port. The document was signed by General Director of Georgian Railway Davit Peradze and President of Lianyungang Port Chu Siangiang.

Memorandum covers exchange of information on cargoes between the parties, from China to Georgia, as well as from Georgia to Europe, exchange of information between countries and cooperation in the use of trans-transit corridor.

Today’s meeting was a trilateral meeting in which Georgian Railways and Chinese companies – “COSCO” and “Lianyungang” port were participated. The Georgian and Chinese parties introduced the possibilities of their own companies and agreed on future cooperation.

The Chinese side has confirmed that the “middle corridor” is one of the competitive corridors that are important for trade between Asia and Europe.