Georgia showcases its investment climate to Greek investors
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Georgia has introduced its business and investment environment to members of the Greek business society.
The large group of Greek business leaders, representatives from business associations and the Greece Chamber of Commerce director attended the event, which highlighted Georgia’s investment potential.
The event was held in Greece yesterday.
Georgia's First Deputy Foreign Affairs Minister Mikheil Janelidze talked about the reforms Georgia had implemented recently. Janelidze also provided detailed information about Georgia’s investment climate.
He emphasised the importance of the Association Agreement (AA) that Georgia signed in June last year. He said it was important for the country to enjoy the Deep and Comprehensive Free Trade Area (DCFTA) which was part of AA.
The Georgian side expressed its readiness to host a Greek delegation in the first part of 2016.
Despite the ongoing financial crisis in Greece the country is still among the top donor countries in terms of volume of money transfers to Georgia, lagging only behind Russia.
Georgia’s economy could possibly be impacted by the Greek crisis as Georgian diaspora, one of the main donors to the country’s economy, are facing immense challenges to send money back to their home country.
Georgia has introduced its business and investment environment to members of the Belgian business society to encourage them to invest in Georgia.
Georgia’s investment environment, implemented economic reforms and future cooperation prospects were the focus of a meeting between Georgia’s Prime Minister Irakli Garibashvili and Richard Weber, president of Eurochambres.
Georgia is tightening business ties with the Netherlands, trying to attract more Dutch investors in the country.
Georgia takes measures to attract more European investments and tight economic, trade and investment ties with the European Union (EU).