Economy minister: doubled trade turnover between Georgia and Hungary intensifies countries’ economic relations
The economy minister stressed that within the framework of the Georgian prime minister Irakli Garibashvili’s official visit to Hungary, a bilateral economic commission would be held to discuss “various directions” of cooperation. Photo: Government administration
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In 2022 the trade turnover between Georgia and Hungary has doubled, which emphasises the “intensified” relations between the two countries in economy, Georgian economy minister Levan Davitashvili said.
Davitashvili said that after the “long term” negotiations, an agreement on the protection of investments was signed between Georgia and Hungary, which would be officially approved upon “certain procedures”, and noted he was “sure” the new strategic cooperation agreement would also contribute to further deepening of economic relations between the countries.
The economy minister stressed that within the framework of the Georgian prime minister Irakli Garibashvili’s official visit to Hungary, a bilateral economic commission would be held to discuss “various directions” of cooperation, the government administration said.
Georgian prime minister Irakli Garibashvili, together with the members of the Georgian delegation, on Wednesday, laid a wreath at Heroes' Square Millennium Monument in Budapest, within the framework of his official visit to Hungary.
The prospects of deepening friendly relations and cooperation between Georgia and Hungary, including inter-parliamentary relations, were discussed on Wednesday by the Georgian prime minister Irakli Garibashvili and the speaker of the national assembly of Hungary László Kövér.
Georgian prime minister Irakli Garibashvili on Wednesday started his official visit to Hungary, with the country’s officials welcoming the Georgian delegation at Budapest's Ferenc Liszt International Airport.
Georgian prime minister Irakli Garibashvili will hold “high-level” meetings in Hungary after departing for the official visit to the country on Wednesday, the government administration said.
Georgian and Hungarian prime ministers on Wednesday discussed the “positive dynamic" in "friendly relations” between their counties and prospects to further strengthen cooperation at a dinner hosted by Viktor Orbán in honour of Irakli Garibashvili, the Georgian government administration said.