Finance Minister, Export Enforcement Assistant Secretary discuss trade, economic relations
In the comments for the meeting, Khutsishvili said his Government had pursued a “centralised management” of enforcement of the sanctions since their imposition. Photo: Finance Ministry
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Dynamics of trade between Georgia and the United States and economic ties between the two countries were discussed on Tuesday between the Georgian Finance Minister Lasha Khutsishvili and Matthew S. Axelrod, the Assistant Secretary for Export Enforcement of the US Department of Commerce.
The Ministry said the meeting also covered American assistance efforts to strengthen customs control capacities of Georgia to facilitate the development of trade control within the Black Sea region, as well as Georgia's compliance with international sanctions placed on Russia for its invasion of Ukraine.
In the comments for the meeting, Khutsishvili said his Government had pursued a “centralised management” of enforcement of the sanctions since their imposition.
The meeting also emphasised the importance of expanding Georgia’s logistical, trade and transportation opportunities to advance its integration into Europe.
The meeting was attended by deputy ministers Giorgi Kakauridze, Ekaterine Guntsadze and Mirza Gelashvili, as well as David Zalkaliani, Georgia's Ambassador to the United States.
Georgian Deputy Economy Minister Irakli Nadareishvili on Monday discussed prospects for deepening ties in innovative ecosystems at a meeting with Israeli Ambassador Hadas Meitzad, the Ministry of Economy announced.
Investment consultants and managers from the world’s leading BPO companies on Friday praised Georgia’s positive dynamics in the industry, as well as the country’s investment potential.
The positive dynamics of the BPO services in Georgia and the opportunities that the country can offer to foreign companies were discussed on Friday by Georgian Economy Minister Levan Davitashvili and the investment consultants from the world’s leading companies in the industry.
Georgian Economy Minister Levan Davitashvili on Friday highlighted the “significantly increased” trade turnover between Georgia and Armenia over recent years, with exports from Georgia amounting to $133 million this year and expecting the “growing trend” to continue further.
Economic questions and cooperation between the World Bank and Georgia were discussed on Wednesday between the Georgian Finance Minister Lasha Khutsishvili and Koen Davidse, the Executive Director of the World Bank.
The cooperation between Georgia and the World Bank, as well as projects implemented both in public and private sectors of the country with the latter’s support were discussed on Wednesday between the Georgian Finance Minister Lasha Khutsishvili and Antonella Bassani, the Vice President of the World Bank for the Europe and Central Asia.
Economic questions and cooperation between Georgia and the International Monetary Fund were discussed on Thursday between Lasha Khutsishvili, the Georgian Finance Minister and Vitor Gaspar, the Director of the Fiscal Affairs Department of the IMF.
The progress of the reforms implemented in Georgia with the International Monetary Fund’s support, as well as the current economic situation in the country, was reviewed on Thursday by the Georgian Finance Minister Lasha Khutsishvili and James John, the Deputy Chief of the IMF.
Georgia’s export promotion agency Enterprise Georgia has held meetings with “large American business corporations” in San Diego, California, with the aim of attracting more investment from the United States in the country, the body announced on Monday.