September 24, 2008

Kazakhstan drops plan for grain terminal in Georgia

Kazakhstan has dropped a plan to build a grain terminal at the Georgian port of Poti, the US-based Georgian Daily reports on its Web site.

Kazakh Agriculture Minister Akulbek Kurishbayev is quoted as saying the decision is linked to "the situation in Georgia," a reference to the recent war with Russia.

The plant was expected to handle 500,000 tonnes of grain a year. The report also says Kazakhstan may also be reconsidering moving crude oil through Poti.