Romania and Georgia to boost cooperation

Dec 10, 1997 01:00 AM

President Emil Constantinescu has met Georgian leader Eduard Shevardnadze to discuss bilateral cooperation in processing and delivering Trans-Caucasian energy resources to Central and Western Europe.
Shevardnadze arrived in Bucharest on a two-day official visit. The two presidents have agreed to build a partnership between their countries and develop multilateral cooperation at the regional and global levels.
Constantinescu and Shevardnadze met members of the "Romania at a Crossroads" forum created specially for drafting measures designed to give Romania access to the pipelines to be used to transport Caspian oil.
Romania will also help electrify Turkmenia's railways and develop the infrastructure of several ports on the Black Sea.
The two presidents familiarised themselves with a project to build an oil pipeline from Romania to Italy via Croatia and Slovenia. The project is to implemented jointly by Romania and Italy.
Romania is interested in the transit of Caspian oil, which would bring it huge foreign investments needed to modernise its infrastructure and secure orders for idling oil refineries.
Shevardnadze supported Romania's role in the transportation and processing of Caspian oil.

Source: not available
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