Chinese Sinosure intent on deepening economic relationship with Georgia
Collaboration in high-tech, mineral resources, agriculture, construction, energy, transport and trade was also discussed. Photo: Partnership Fund.
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State-owned Chinese export and credit insurance company Sinosure is ready to expand its relationship with Georgia and support Chinese investments in Georgia, the company said while meeting with the Georgian Partnership Fund yesterday.
Led by Sinosure Vice President Guo Xinshuang, the Chinese delegation expressed interest in supporting the exports of wine and mineral waters from Georgia to China.
Collaboration in high-tech, mineral resources, agriculture, construction, energy, transport and trade was also discussed.
A memorandum of cooperation was signed between the Georgian Partnership and Sinosure on September 21, 2017 in Beijing.
Sinosure was established in 2001 and supports Chinese external trade and economic cooperation with other countries. Chinese companies invest in foreign countries only after consultation and agreement with Sinosure.
Free Trade Agreement between Georgia and China has come into play on January 1, 2018, making Georgia the first country in the region to have such a deal with China.
The second Silk Road Forum continues in Tbilisi, giving opportunity to the participants to establish cooperation and sign various deals.
A joint representation of a state-owned shareholding company Partnership Fund (PF) and a Georgian Chamber of Commerce and Industry (GCCI) has been opened in the Chinese city of Guangzhou.
A major celebration marking the Georgia-China Friendship Day and 25 years since the establishment of diplomatic relations between the two countries has taken place in the centre of Tbilisi today.
Georgia and China has signed a memorandum which aims popularizing Georgian tobacco and tea, supporting business in Georgia’s black sea region of Adjara.