Georgia offers US to open regional office of commerce in Georgia
Tweet 
Share
Georgia’s Economy Minister Dimitry Kumsishvili has offered the United States Secretary of Commerce, Wilbur Louis Ross to open the US Regional Office of Commerce in Georgia, which would cover South Caucasus states as well as the countries of the region.
At this point, the Commerce Office covering Georgia and the region is located in Turkey.
Kumsishvili highlighted that the interest of US companies in Georgia as well as the Caucasus region has significantly increased recently. Therefore, it would be appropriate to open a Commerce Office in Georgia to further facilitate the development of bilateral economic relations between Georgian and US business circles.
At the meeting Kumsishvili also discussed the development of the transit corridor passing through Georgia and the involvement of the US state and private sectors in this process.
Kumsishvili and Ross talked about Georgia’s transit capability and the transit corridors (TRACECA, Trans Caucasia International Transport Corridor or so called middle corridor; Lapis Lazuli; Persian Gulf – Black Sea corridor, etc.) passing over the territory of the country and accented the efforts of the Georgian government aiming at development of those transit corridors.
The meeting of Kumsishvili and Ross is the first official meeting held between such high-ranking US and Georgian officials from the economic sector. The meeting was held yesterday during the Georgian governmental delegation’s visit to the US.
The International Monetary Fund (IMF) will team up with Georgia’s Ministry of Economy to create a credit guarantee fund for Georgia. The meeting was held yesterday during the Georgian governmental delegation’s visit to the US.
During his official US visit Prime Minister of Georgia Giorgi Kvirikashvili met with several US senators who expressed their firm support for Georgia's further development and success on the road to NATO membership.
The Assistant Secretary of State for European and Eurasian Affairs Wess Mitchell and Prime Minister of Georgia Giorgi Kvirikashvili have discussed bilateral relations at a meeting held at the US Department of State today.
Pompeo’s speech started with a declaration of support for Georgia’s territorial integrity and sovereignty. Pompeo sounded a clear and strong message to Russia to withdraw its forces from Georgia’s occupied regions of Abkhazia and South Ossetia.
A US trade mission will visit Georgia to familiarise themselves with the local business environment, explore available opportunities and establish business ties with Georgian companies.
Vice President Pence confirmed the US’ readiness to support steps towards Georgia’s integration into NATO, as well as to strengthen the defence and security potential of the country and deepen trade and economic relations.
The two leaders discussed issues on the agenda of relations between Georgia and the US.
US Congressmen are urging US Trade Representative Robert Lighthizer to start negotiations with Georgia on a free trade regime. In this letter, the congressmen highlight the recent economic reforms that Georgia has implemented in order to create a better environment for the investors.