Georgia and Turkey sign three deals, fostering strategic partnership

Georgia attracted more than $1 billion in investments from Turkey within the past 14 years. Photo by Georgia's Ministry of Economy., 19 Jul 2016 - 18:23, Tbilisi,Georgia

Georgia and Turkey have signed several agreements today that envisage strengthening the bilateral strategic partnership.

Three agreements were signed by high officials of both countries in Turkey.

These agreements were:

  • Renewed investment protection and promotion agreement;
  • International combined freight transportation agreement;
  • Agreement of passenger and rail freight transportation.

The agreements were signed within an official visit of a Georgian delegation to Ankara, led by Georgia’s Prime Minister Giorgi Kvirikashvili.

Also on the official visit was Georgia’s Vice Prime Minister and Minister of Economy and Sustainable Development Dimitry Kumsishvili.

Turkey has been Georgia’s strategic partner for the last 14 years and during this time Georgia has attracted more than $1 billion in investments from Turkey, said Georgia’s Economy Ministry.