30.Jan .2020 12:10

Levan Akhvlediani: Anaklia Consortium will meet with the government

Back

Levan Akhvlediani, executive director of the Anaklia Development Consortium declared to BMG, that a meeting would be held between the consortium and the government. According to Levan Akhvlediani, the timing of the meeting has not been set yet, but it would be definitely held.

"We do not know when this meeting will be held, but we confirm it," said Levan Akhvlediani.

According to an agreement between the Georgian government and the Anaklia Development Consortium, a 60-day deadline is set by which internal negotiations can continue. If the situation does not change after the 60-day deadline, the Anaklia Development Consortium will seek arbitration.

According to the agreement between the parties, the case should be heard in the Geneva Arbitration.

The Georgian government has officially terminated the contract with the Anaklia Development Consortium on the Anaklia Port Project. On January 9, the Ministry of Regional Development and Infrastructure said that along with the fine, the ministry would also demand the consortium to return the land that the government had redeemed during the development of the Anaklia Port Project.

To note, the Anaklia Development Consortium has already spent $ 74 million on the port project.