11:42 GMT +326 September 2018
Listen Live
    Business

    Russian companies interested in cooperation with Georgia - Prime Minister Fradkov

    Business
    Get short URL
    0 01
    TBILISI, June 3 (RIA Novosti) - Russian companies are seriously interested in cooperation with Georgia in the spheres of energy, transport and metallurgy, Russian Prime Minister Mikhail Fradkov said after talks with his Georgian counterpart Zurab Nogaideli.

    "We regard energy, transport and metallurgy as most attractive spheres, while Georgian companies are also interested in the Russian market," Fradkov said.

    Fradkov, Nogaideli and Georgian President Mikhail Saakashvili discussed practical cooperation between the Russian electricity and gas monopolies RAO UES and Gazprom and Georgian companies.

    "We also discussed taxation issues and extractions from the free trade zone hampering business development," Fradkov said.

    Fradkov and Nogaideli also discussed the restoration of railway communications linking Russia, Georgia and Armenia via Abkhaz territory. "We cannot miss this chance," the prime minister said. (With no direct railway communications between Russia and Georgia special attention is given to the ferriage between the Russian port of Kavkaz on the eastern shore of the Kerch Strait and the Georgian port of Poti.)

    Assessing the results of the talks, Fradkov said that the sides discussed a number of problems and ways of their solution which will promote the settlement of the Russian military bases issue.

    Nogaideli said, in turn: "Our trade turnover totals $300 million but this is not enough," Fradkov said. "Let us reach $1 billion and calm down."

    Community standardsDiscussion
    Comment via FacebookComment via Sputnik
    • Сomment