Georgian Economy Minister discusses strategic cooperation, historic ties with Azerbaijani high officials
The Georgian official said both countries had expressed willingness to increase cargo turnover and flow carried through Georgia and Azerbaijan to the West and Central Asian countries, noting “there are all preconditions for this and I think we will have very clear agreements”. Photo: Georgian Economy Ministry
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Georgian-Azerbaijani strategic cooperation and historic ties were discussed by Levan Davitashvili, the Georgian Economy Minister, and top officials of the host country, the Economy Ministry announced on Friday.
The Ministry said Georgia’s progress on European integration had also been on the agenda of the meeting, with the Minister noting it was also “very important” for Azerbaijan to have access to a “very large” European market through Georgia.
The Georgian official said both countries had expressed willingness to increase cargo turnover and flow carried through Georgia and Azerbaijan to the West and Central Asian countries, noting “there are all preconditions for this and I think we will have very clear agreements”.
He noted the sides also discussed cooperation in new areas including digital transformation, cooperation in the tourism sector, and investment in tourism infrastructure, adding the implementation of joint tourism projects and “presentation of the region internationally on the world map” were also reviewed. Davitashvili called Azerbaijan a “strategic” and “one of the main economic partners” of Georgia with which the country implemented “many projects of international importance.”
Bilateral cooperation in the field of energy is becoming especially important to ensure energy independence and energy security not only at the level of our countries, but also in relation to Europe's energy security,” he added.
Davitashvili held meetings with Ilham Aliyev, the President of Azerbaijan, other officials of the country, and representatives of Azerbaijani gas distribution company SOCAR.
The Georgian high official is paying a two-day official visit as part of a delegation that also includes Deputy Economy Ministers Guram Guramishvili and Romeo Mikautadze.
Natural gas reserves in Georgia’s Black Sea shelf and exploration works planned by OMV Petrom, the largest energy company in Southern and Eastern Europe, were discussed at a meeting between Levan Davitashvili, Georgia’s Economy Minister, and the company delegation on Wednesday.
International companies leaving the Russian and Belarusian markets due to the war in Ukraine is an “opportunity” for Georgia to attract new businesses and new investments, and create new jobs in the country, Irakli Nadareishvili, the Deputy Economy Minister, said on Thursday.
Construction and infrastructure projects, export potential, tourism, industrial and food supplies were the topics of discussion during a meeting of the Georgian Government’s Economic Council, led by Prime Minister Irakli Garibashvili, on Thursday.
The trend of price increases in Georgia is mainly caused by supply disruptions and record-high fuel prices, Georgian Economy Minister Levan Davitashvili said on Wednesday, calling the trend a “challenge any Government faces”.
Important issues of strategic cooperation between Georgia and Azerbaijan were discussed on Friday in a meeting between Levan Davitashvili, the Georgian Economy Minister, and Ilham Aliyev, the President of Azerbaijan.
Georgia is approaching the stage where it will introduce a digital national currency in pilot mode, with a “full-scale change” to take several years, Economy Minister Levan Davitashvili said on Wednesday.
Georgian Economy Minister Levan Davitashvili will be on a visit to the United States between Monday and Wednesday to hold meetings with public officials and private sector representatives, the Ministry announced on Monday.
The development of the Middle Corridor transportation lane of Georgia, Azerbaijan and Türkiye, and the increase of competitiveness of the corridor were discussed on Tuesday in a tripartite meeting between Georgian Economy Minister Levan Davitashvili, Azerbaijani Digital Development and Transport Minister Rashad Nabiyev and Turkish Transport and Infrastructure Minister Adil Karaismailoğlu.
Priority areas of bilateral cooperation in the energy sector were discussed on Saturday in a meeting between the Georgian economy minister Levan Davitashvili and the Azerbaijani energy minister Parviz Shahbazov.