High ranking Chinese official visits Georgia
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Georgia and China are intensifying their trade and economic relations.
With this goal in mind, a Chinese delegation has come to Georgia. Leading the group is Chen Changzhi, vice chairman of the Standing Committee of the National People's Congress, China’s top legislative body.
Today Changzhi was hosted by Georgia’s President Giorgi Margvelashvili. The parties stressed the importance of the Silk Road project and discussed the growing cultural and economic relations between Georgia and China.
Margvelashvili thanked Changzhi - the highest ranking Chinese legislator to have visited Georgia, for his country’s support towards Georgia’s territorial integrity.
The Chinese delegation, who will stay here for three days, will also meet Georgia’s Prime Minister Irakli Garibashvili and Parliament Speaker David Usupashvili during their visit.
Head of the Georgian Parliamentary majority Davit Saganelidze said this was a "visit of a great importance”, as China was Georgia’s third largest trade partner and there was the potential for China to invest billions of dollars in Georgia.
China and Israel’s largest companies have pledged to invest in Georgia’s energy sector.
The value of Georgia’s exports and imports (External Merchandise Trade) experienced a slight downward trend in the first four months of 2015 in comparison to 2014, claims preliminary data published by the National Statistics Office of Georgia (Geostat).
Georgia’s Prime Minister Irakli Garibashvili revealed latest details of the New Silk Road Project at a ceremony where $10 million worth of Chinese irrigation equipment was granted to the Georgian Government.
China has donated modern irrigation equipment worth more than $10 million USD to Georgia. A total of 245 pieces of equipment, including excavators, trucks, bulldozers, concrete mixers, off-road vehicles, tractors and more, were named on a list that was granted to Georgia’s Agriculture Ministry yesterday.
The Agriculture Minister of the People’s Republic of China, Han Changfu, spent an enjoyable day delighting his taste buds in Georgia’s famous wine region Kakheti during his official visit to Georgia.
Georgia and China stand at the beginning of a new stage of relations where agriculture is the focus.
Georgia and China are deepening trade and economic ties. Georgia's Finance Minister Nodar Khaduri is on an official visit to China to showcase Georgia's investment potential in a bid to attract more Chinese investments.