Georgia-Ireland Business Council holds first founding meeting
The first founding meeting of the Georgia-Ireland Business Council has been held this week to discuss future business and economic steps. Photo: Ministry of Foreign Affairs of Georgia.
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The first founding meeting of the Georgia-Ireland Business Council has been held this week to discuss future business and economic steps, announces the Ministry of Foreign Affairs of Georgia.
The council will be chaired by Irish lawyer and business arbitrator James Bridgman, who plans to visit Georgia with other members of the council once the epidemiological situation becomes stable, says the ministry.
The council was created last year and is a B2B network promoting trade, commerce, enterprise and professional collaboration between Georgia and Ireland including financial services, infrastructure, agriculture, built environment, tourism, food and beverages, sports, transport, education and culture.
With the investment made in Georgia in 2019 Ireland was in the top three investor countries and accounted for 10.5% of total foreign direct investment.
In the same year, the number of visitors coming from Ireland to Georgia increased by 71%.
The United Kingdom, Turkey and Ireland were the countries that invested the most heavily in Georgia in 2019, show the preliminary data published by the National Statistics Office of Georgia.In total, foreign direct investments (FDI) in Georgia amounted to $1.26 billion in 2019.
In doing so, Ireland becomes the ninth EU country out of 12 classifying countries according to their security level which have decided to consider Georgia as a secure country.
The Senate of Ireland has adopted a resolution on support for the territorial integrity of Georgia and its integration into the European Union.
Georgian students will now have the opportunity to receive their Master’s and Doctoral degrees at one of Europe’s leading, research-intensive universities in Ireland.