Georgia and Uzbekistan target $1 billion in annual trade
Georgia and Uzbekistan are aiming to nearly quadruple annual trade to $1 billion, up from $267.6 million in 2025, as the two countries seek to stre...
A vast undersea power link across the Black Sea is gaining momentum, strengthening Georgia’s ambitions to become a key energy bridge between East and West.
After securing Project of Mutual Interest (PMI) status from the European Union, the Black Sea Submarine Cable is no longer just a regional concept. It is rapidly emerging as a strategic initiative with geopolitical weight, economic potential, and significant implications for Europe’s energy future.
The Black Sea Submarine Cable Project is among the most ambitious energy infrastructure plans in the wider region. Designed to connect Georgia directly to European electricity markets, it involves a 1,155-kilometre high-voltage cable - most of it laid along the seabed - capable of transmitting 1,300 megawatts of power.
At its core, the project focuses on exporting clean energy. Georgia, rich in hydropower resources, has long sought access to European markets. The cable offers a direct route, enabling electricity generated in the South Caucasus to flow into the EU.
Deputy Minister of Economy Mariam Kvrivishvili described the cable as a “strategic” national initiative, stressing that it will not only boost Georgia’s export potential but also strengthen the country’s energy sector. At the same time, she underlined its wider impact: reinforcing EU energy security and giving fresh momentum to the region’s energy development.
The project also aligns with the broader Middle Corridor - a growing trade and transit route linking Europe and Asia. By adding an energy dimension to this corridor, Georgia deepens its role as a critical connector between regions.
The groundwork was laid in 2022, when Georgia, Romania, Hungary and Azerbaijan signed a memorandum of understanding to develop the cable, with strong EU backing. Since then, it has been incorporated into long-term planning by the European Network of Transmission System Operators for Electricity, covering the period from 2026 to 2036.
The timing of the latest development is notable. Despite strained political relations between Tbilisi and Western partners, the EU’s decision to grant PMI status sends a clear signal that Georgia remains strategically important.
With feasibility studies completed and preparatory work already under way, including seabed surveys, the project is moving from concept to execution. If delivered as planned, the Black Sea cable could reshape regional energy flows - and firmly place Georgia on Europe’s energy map.
One person was killed and nearly a dozen hurt in a fresh attack on Riyadh's international airport on Sunday, Saudi authorities reported, a day after a strike claimed by Yemen's Houthis killed 13 people and wounded more than 300.
The Saudi-led coalition in Yemen said late Monday that it intercepted and destroyed two ballistic missiles launched by the Houthi group toward Khamis Mushait in southwestern Saudi Arabia.
The Houthi movement has escalated their attacks on Saudi Arabia, targeting the airport in Riyadh and other cities, killing more than a dozen people.
The Kremlin on Monday rejected a 60-day ceasefire idea proposed by Ukrainian President Volodymyr Zelenskyy to allow his country to hold presidential elections, saying it wanted an overall peace deal instead.
Ukrainian President Volodymyr Zelenskyy says Russia hit at least six energy targets in deadly strikes across Ukraine, showing Moscow is unwilling to accept the energy ceasefire announced by U.S. President Donald Trump.
Georgia and Uzbekistan are aiming to nearly quadruple annual trade to $1 billion, up from $267.6 million in 2025, as the two countries seek to strengthen economic ties and expand transport links.
Iran has warned against the military use of Starlink, saying it has developed domestic technology capable of countering cyber threats linked to the satellite internet service.
Afghanistan has accused Pakistan of blaming Kabul for its domestic political and security problems, as Islamabad repeated claims that militants are using Afghan territory to launch attacks across the border.
Pakistan has called on Afghanistan’s Taliban authorities to crack down on militants operating from Afghan territory, warning that cross-border attacks pose a growing threat to regional security.
Saudi Arabia has vowed to remain resilient after a wave of Houthi missile and drone attacks killed around 20 people at Riyadh's main airport, raising concerns over the kingdom's air defences and disrupting flights across the region.
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