Baltica Journal

DOI LINK: https://doi.org/10.59879/S8uke
Paper ID:S8uke
Volume:38
Issue:2
Title:Unlocking Middle Corridor's Potential for Georgia: A Study Based on Stakeholders' Interviews
Abstract:The Trans-Caspian International Transport Route (TTIR; Middle Corridor (MC)) presents significant potential, as it may evolve into a reliable and competitive route compared to traditional routes and contribute to substantial economic development and trade facilitation. The present research aims to realize the tangible benefits of MC to Georgia from the perspective of Georgian stakeholders, identify gaps and areas for improvement, and transcend the mere transit economy status. This research was conducted through consultations with stakeholders, including logistics companies, ports, rail, and state entities, all of which possess extensive experience in MC. Research shows that Georgia's strategic location, a key transit point between Asia and Europe, plays a crucial role in the MC and can further strengthen its geopolitical position. MC offers Georgia unique economic growth opportunities, benefiting from increased trade flows and potential investments in infrastructure. This research identifies the challenges facing MC, which extend beyond Georgia's control, necessitating active participation from all countries along the route to uniformly develop infrastructure. Success depends on comprehensive coordination among parties, complete digitalization of the corridor, and a transparent pricing structure. This research describes the various initiatives taken by Georgia. Such initiatives include active engagement in digital projects led by the World Bank, UN, TRACECA, CAREC, and the construction of a deep-sea port in Anaklia, among others.
Keywords:Middle Corridor (MC); Trans-Caspian International Transport Route (TTIR); Digitalization; Trade Facilitation, Transit; Logistics; International Trade, Georgia.
Authors:Tamar Gugushvili
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