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Abstract
Due to its advantageous geographic location, Georgia has the potential to become the main logistics center in the Caucasus and Central Asia, which is one of the key factors in increasing the country's competitiveness, which will contribute to export-led economic growth. In globalization, the importance of enhancing logistics and transit capabilities for the region becoming crucial. International economic and trade relations are directly related to the development of transit potential. The article deals with the issues of the transport corridor of Georgia, the expansion of the role of the European Union and the development of the EU-Asia transit potential, the dynamics of international cargo transportation, the reasons and prospects for changes. It is noted that the further development of the Georgian transit corridor mainly depends on one belt - the strategy of movement, the organization of the new Silk Road. The further solution of the problems of the transit corridor will be greatly influenced by the main economic reforms, launching of new large logistics projects, development of the logistics infrastructure, Increasing trade turnover, etc.
Highlights
Due to its advantageous geographic location, Georgia has the potential to become the main logistics center in the Caucasus and Central Asia, which is one of the key factors in increasing the country's competitiveness, which will contribute to export-led economic growth
The European Commission and the World Bank have jointly developed a strategy for interconnecting national transport networks, creating a Trans-European Transport Network (TEN-T). It is intended for Armenia, Azerbaijan, Belarus, Georgia, Moldova, and Ukraine and provides for investments in these countries for about 13 billion euros, which will lead to the construction of 4,800 km of road and railways, 6 ports, and 11 logistics centers by 2050
The hydrocarbon resources of the Caspian Sea are transported through Georgia via pipelines and by rail, which is connected with the terminals of Kulevi and Supsa, and the ports of Batumi and Poti
Summary
Due to its advantageous geographic location, Georgia has the potential to become the main logistics center in the Caucasus and Central Asia, which is one of the key factors in increasing the country's competitiveness, which will contribute to export-led economic growth. It is intended for Armenia, Azerbaijan, Belarus, Georgia, Moldova, and Ukraine and provides for investments in these countries for about 13 billion euros, which will lead to the construction of 4,800 km of road and railways, 6 ports, and 11 logistics centers by 2050. Due to tense relations with Russia and the blockade of Iran by the West, international transport links with Iran are very poorly developed.
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