Partnership between Kerry Logistics and Anaklia City
The signing of a memorandum of understanding between Kerry Logistics Network Limited, and its member company Globalink and Georgia's Anaklia City JSC seeks to cooperate in the development of the Anaklia Deep Sea Port. Globalink is expected to bring in a wealth of logistics and multimodal freight knowledge and expertise to the project, due to their long presence in Georgia and the Caucasian region.
July 3, 2018
By PLA Editorial
Anaklia is strategically located along the shortest trade route between China and Europe in the Belt and Road network, acting as a cargo gateway of the landlocked Central Asian and Caucasian regions.
Ketevan Bochorishvili, CEO of Anaklia City JSC, said, “We are excited about the cooperation with Globalink which has a deep understanding and comprehensive experience in the Caucasian region and Central Asia. With the Anaklia Port and Anaklia SEZ, we are establishing a state-of-the-art logistics, trade and business platform, which will serve a pivotal role in increasing the connectivity of Georgia as it is positioned along the shortest route from China to Europe via the Middle Corridor and from India to Europe. The successful development of Anaklia projects is expected to unlock a potential market of over 150 million consumers and serve as a bridge between Asia and Europe.”
On 28 June 2018, Hong Kong signed a free trade agreement (‘FTA’) with Georgia, which is the first FTA between Hong Kong and an economy in the Caucasian region of Eurasia. The FTA is comprehensive in scope, encompassing trade in goods and services, investments, a dispute settlement mechanism, and other related areas.