Georgian, Korean finance ministers discuss free trade, investment protection
Georgian Finance Minister Lasha Khutsishvili and South Korea's Minister of Economy and Finance Choo Kyung-ho. Photo: Ministry of Finance
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Georgian Finance Minister Lasha Khutsishvili and South Korea's Minister of Economy and Finance Choo Kyung-ho on Thursday discussed possibilities of increasing investments from South Korea to Georgia and highlighted the importance of launching free trade and investment protection agreements between the countries.
The meeting was held as part of the 56th Annual Meeting of the Asian Development Bank between Tuesday and Friday in Incheon, Korea.
DPM CHOO had talks with #Georgia's Finance Minister Lasha Khutsishvili to share views on the need for an Economic Partnership Agreement (#EPA) between the two countries to enhance bilateral trade. pic.twitter.com/x1BlluZwAr
— MOEF - Korea (@moefkorea_eng) May 4, 2023
Khutsishvili on Friday addressed a session at the Meeting, entitled Reinvigorating Regional Cooperation in Central and West Asia – the Role for the Central Asia Regional Economic Cooperation Programme.
ADB Annual Meeting 2023—CAREC session
— Lasha Khutsishvili ???????? (@Lasha_Khutsish) May 5, 2023
Sharing Georgia’s experience: Strong performance in growth and recovery of macroeconomic stability. pic.twitter.com/Ti9dAiTlmN
The session noted that member countries of the Central Asia Regional Economic Cooperation Programme should expand economic ties in the region in order to “create resilience in the face of external shocks”.
An event later today will mark the transfer of the Host Country status from Korea to Georgia, with the latter set to host the next Annual Meeting in Tbilisi in 2024.
Warming up for ???????? event! pic.twitter.com/3GaZY2zDIV
— Lasha Khutsishvili ???????? (@Lasha_Khutsish) May 5, 2023