Georgia: Port Community System development to improve port efficiency

Introduction of a Port Community System in Georgian ports will improve the management and automation of their facilities and logistics processes, facilitate inter-agency coordination, and significantly reduce administrative requirements and bureaucracy, a feasibility study conducted by an Estonian-German-Georgian consortium has said. The consortium has analysed the benefits Georgia would receive after implementing the PCS, which…

Lithuania: additional transport connections and corridor for Ukrainian freight transport to Baltic seaports planned with Poland

On June 6-7, the 3Seas Local Government Congress and the Economic Forum held in Lublin (Poland) discussed the development of the Baltic Sea-Black Sea/Aegean corridor in the new geopolitical context, press center of Lithuania’s Ministry of Transport and Communications said. The development of this corridor to the territory of Lithuania and the cooperation of the…

Georgia: Economy Minister discusses cooperation, current and future projects with IFC

Georgia’s cooperation with the International Finance Corporation, the ongoing and future financial projects and their impact on the country’s economic development were discussed in a meeting between Levan Davitashvili, the Georgian Economy Minister, and Ivana Fernandes Duarte, the Regional Director of IFC. The meeting focused on the financial support of the IFC for the development…