Deal to reopen Strait of Hormuz expected 'soon' - U.S. official
An agreement between Iran and the U.S. to reopen the Strait of Hormuz is expected "soon," a U.S. official has said. The deal would result in the resum...
Georgian Post is no longer focused solely on delivering letters and parcels across Georgia. The state postal operator is transforming into a regional logistics hub following a new agreement with Cainiao, the logistics arm of Alibaba.
Giorgi Eradze, Director General of Georgian Post, announced that the company has signed an agreement with Cainiao and is preparing to expand its delivery network to Kazakhstan, Turkmenistan and Kyrgyzstan.
Georgian Post handles domestic parcel deliveries, international shipments and courier services, including its "Home to Home" collection and delivery service. Customers can send documents, parcels, air mail and overland shipments both within Georgia and internationally, although restrictions apply to certain goods, including fragile items, perishables and medicines.
In recent years, the company has expanded beyond its traditional postal role by operating cargo terminals, working directly with international airlines and processing parcels for merchants and e-commerce platforms beyond Georgia's borders.
According to Eradze, discussions with Cainiao began during a visit to Alibaba's campus several months ago.
Cainiao operates one of the world's largest e-commerce logistics networks, processing more than 50 million parcels each day through an extensive network of collection and delivery points.
Eradze said the partnership would allow Georgian Post to learn from a much larger operator while improving its own logistics systems and technology.
He said the agreement effectively gives both Georgian Post and Georgia a new role as a regional sorting and distribution hub. Cargo from across the region is delivered to Georgian Post's terminal, sorted and then forwarded to neighbouring countries.
The company is already handling cargo from Armenia, Azerbaijan and Uzbekistan, with Kazakhstan, Turkmenistan and Kyrgyzstan expected to be added to the network.
Alongside the Cainiao agreement, Georgian Post has signed a memorandum of cooperation with Silk Way West Airlines, one of the region's largest cargo carriers.
Eradze said the objective was to bring strategic infrastructure, including the air cargo terminal, back under Georgian Post's management. He added that the agreement has already enabled the company to receive, sort and handle Silk Way West Airlines' cargo directly.
The company said imports through the terminal have increased by 1,750 per cent compared with the previous year, while exports have risen by 750 per cent. Total cargo turnover has grown by 2,300 per cent.
Georgian Post has also signed cooperation agreements with Air Serbia, Turkish Airlines and Azerbaijan Airlines. Eradze said discussions are continuing with several other carriers.
He said the expanded airline partnerships are intended to reduce transit times and strengthen relationships with more international airlines, supporting the continued growth of Georgian Post's logistics network.
Georgian Post currently serves Armenia, Azerbaijan and Uzbekistan through its regional logistics operations, with Kazakhstan, Turkmenistan and Kyrgyzstan expected to join the network soon.
Together with its partnership with Cainiao and its growing network of airline agreements, the company aims to position Georgia as a key logistics gateway between Asia and Europe.
Read more:
An agreement between Iran and the U.S. to reopen the Strait of Hormuz is expected "soon," a U.S. official has said. The deal would result in the resumption of commercial shipping through the sea passage and the lifting of an American naval blockade on Iranian ports.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 8th of August, covering the latest developments.
U.S. President Donald Trump said negotiations to reopen the Strait of Hormuz are progressing and suggested an agreement with Iran could be reached “soon”.
U.S. President Donald Trump may have to accept concessions he previously opposed if he wants to secure a deal with Iran to reopen the Strait of Hormuz, according to analysts, as negotiators move closer to a temporary agreement.
A U.S. judge has ordered Meta to pay an additional $567 million over claims that its platforms failed to protect children from online harm.
Glacier coverage in Kyrgyzstan’s Issyk-Kul Basin has shrunk by 33.7 per cent over the past 70–90 years, according to an updated glacier inventory by Kyrgyzhydromet. The agency says the pace of glacier retreat has accelerated sharply in recent years.
Azerbaijan’s President Ilham Aliyev and Armenia’s Prime Minister Nikol Pashinyan remarked upon progress made towards normalising relations between Baku and Yerevan in a phone call on the first anniversary of the Washington peace summit.
Tourists may soon be able to view Kazakhstan’s tourist sites by drone. Officials are planning to trial flights of between five and 30 minutes over landmarks in the country, its Ministry of Transport said.
Kyrgyzstan has introduced mandatory permits for climbers attempting Victory Peak, imposing stricter safety and experience requirements following a series of fatal accidents on one of the world’s most dangerous mountains.
Tashkent has begun work to open the Islam Karimov Memorial Complex to the public as part of plans for a 700-hectare green corridor linking major parks and public spaces across the Uzbek capital.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment