Georgia-Israel to establish State Economic Commission

PM Garibashvili visited at the Wailing Wall (Western Wall) in Jerusalem, Israel on 27 January 2013. Photo PM’s Press Office, 28 Jan 2014 - 12:53, Tbilisi,Georgia

A dual-Government initiative to boost business relations between Georgia and Israel will be signed by the two countries’ leaders today.

The inaugural memorandum to launch the Intergovernmental Joint Economic Commission between Georgia and Israel is expected to be signed in Tel Aviv.

The Commission, initiated by Georgian and Israeli governments, aimed to support and promote business relations between the countries.

Georgia’s Prime Minister Irakli Garibashvili is in Israel and will sign the document on behalf of the country.

PM Garibashvili began a two-day visit to Israel yesterday. During his short trip he has already met with Israel’s Minister of Interior Affairs Gideon Sa'ar.

At a working supper attended by a group of influential businessmen and the Georgian delegation, it was decided that the Israeli business leaders would soon pay a visit to Georgia. The group expressed their readiness to assess the Georgian investment market, shared their desire to boost the countries relations and offered potential for further co-operation between the two nations.

Potential co-operation between the two countries law enforcement agencies was one topic the parties discussed.

The Georgian delegation was led by the Prime Minister and included Minister of Foreign Affairs Maia Panjikidze, Minister of Economy and Sustainable Development Giorgi Kvirikashvili, Minister of Agriculture Shalva Pipia, the head of Co-Investment Foundation Giorgi Bachiashvili and the head of Investment Agency Giorgi Pertaia.

Yesterday Garibashvili visited the historic area of Jerusalem – the area which accommodates the Wailing Wall - which is believed by many to be the remains of one wall of a great Jewish temple.


A working supper attended by a group of influential Jewish businessmen and the Georgian delegation in Tel Aviv on January 27. Photo by PM's Press Office.