16:28 28.11.2017

Ukraine could cut ferry fees by 60% under One Belt One Road Project - PM

Ukraine could cut ferry fees by 60% under One Belt One Road Project - PM

Ukraine seeks to cooperate with Georgia under the Chinese One Belt One Road initiative and could reduce ferry fees in the Black Sea by 60%, Ukrainian Prime Minister Volodymyr Groysman said at the Tbilisi Silk Road Forum on Tuesday.

"We are pleased with the successes of Georgia and we are confident that your leadership in the region will contribute to the development of our economy," Groysman said.

Speaking about the significance of the Georgian-Ukrainian cooperation, he pointed out the importance of the current forum, which aims to improve the links between Europe and Asia, in which the ferry transport in the Black Sea can play a significant role.

"We plan to cut the tariffs for ferry transportation by 60% .Our goal is to make this sphere competitive," the Ukrainian prime minister said.

He also drew attention to the importance of developing corridors connecting the East and the West.

"There are serious connecting directions between Asia and Europe, as well as in the direction of the Baltic countries. Ukraine can be a reliable partner in stepping them up. We can create an effective union - Georgia, Azerbaijan, Ukraine using railways and ferry services," Groysman said.

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