Georgia’s Container Market and The Black Sea Region

Abstract

Due to the strategically important geographical location, the Black Sea region has a key transit function throughout between Europe and Asia. Georgia, which is a part of Black Sea region, has a vital transit function for the Caucasus Region, as well as for whole New Silk Road area, but still there is no evidence as to what kind of positioning Georgia has in The Black sea container market. Given that the country harbours the ambition to be a transit hub for containerized cargo flows between the West and the East and is actively involved in the process of formation One Belt One Road, it is very important to identify the current circumstances and future potential. Hence the purpose of the study is to identify the existent container market, investigate competitiveness in the market and define Georgia’s positioning in the region. Based on the practical and theoretical significance of the research, this paper provides systemic, historical and logical generalization methods of research in the performance of the work, scientific abstraction. Furthermore, analysis and synthesis methods are also applied.