Economy Minister highlights "significant dynamics" in transport, logistics, shipments with Armenia
Georgian Economy Minister Levan Davitashvili on Thursday highlighted the “particularly active” economic ties with Armenia over the recent years, in a comment coming during the ongoing visit of a Governmental delegation to Yerevan. Photo: Ministry of Economy
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Georgian Economy Minister Levan Davitashvili on Thursday highlighted the “particularly active” economic ties with Armenia over the recent years, in a comment coming during the ongoing visit of a Governmental delegation to Yerevan.
The Ministry cited Davitashvili on noting the “significantly increased” trade turnover between the countries, with a 70 percent rise in the trend over the first 11 months of last year pushing the figure over the $1 billion mark.
Davitashvili also highlighted the "significant dynamics" in transport, logistics and shipments, and noted the recovery of tourism between the two states since the Covid pandemic.
We hosted about 700,000 visitors from Armenia to Georgia in 2022. In general, the tourist flow is increasing, and Armenia ranks third among the tourist markets of Georgia", he said.
The Minister added the Intergovernmental Economic Commission of the two countries, which held its 12th meeting in the Armenian capital today, had also discussed energy cooperation.
"[There is] potential and opportunities for both countries to produce electricity, to promote each other's energy independence and security, and also to use the new opportunities that Georgia has in connection with Europe in terms of electricity transit and trade", the official said.
Georgian and Armenian prime ministers on Thursday signed an agreement to further simplify the existing visa-free travel between the countries, making it possible for their nationals to cross the border using biometric identification cards.
Armenia has become the sixth largest trade partner of Georgia after turnover between the two countries increased by 70 percent between January and November of 2022 to exceeded the $1 billion mark, Georgian Prime Minister Irakli Garibashvili said on Thursday in comments at a meeting of the Intergovernmental Economic Commission in Yerevan.
Main directions of cooperation between Georgia and Armenia and questions of regional importance were discussed on Thursday in a meeting between the Georgian and Armenian prime ministers
Georgian Prime Minister Irakli Garibashvili on Thursday left for a visit to neighbouring Armenia where he is scheduled to co-chair a session of the joint Intergovernmental Economic Commission and hold bilateral meetings with officials in the country.
Armenian Prime Minister Nikol Pashinyan on Thursday said the agreements reached between Armenia and Georgia, within the framework of the meeting of the Intergovernmental Economic Commission in Yerevan, would give new sense to the relations between the two countries.
An agreement to further simplify the existing visa-free travel between Georgia and Armenia, which was signed today by the countries’ prime ministers Irakli Garibashvili and Nikol Pashinyan, will make it possible for their nationals to cross the border using identification cards and will further contribute to the deepening of people-to-people relations, Georgian Foreign Minister Ilia Darchiashvili said on Thursday.
A deal between Georgia and Armenia came into force today, allowing their nationals to cross the border using biometric identification cards.