Georgian PM discusses economic ties at meeting with Saudi investments, economy ministers
Georgian Prime Minister Irakli Garibashvili on Wednesday met with the Minister of Investments of the Kingdom of Saudi Arabia Khalid Al-Falih and the Minister of Economy and Planning Faisal Fadil Al-Ibrahim. Photo: PM's press office
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Georgian Prime Minister Irakli Garibashvili on Wednesday discussed economic relations between Georgia and Saudi Arabia at his meetings with the Minister of Investments Khalid Al-Falih and the Minister of Economy and Planning Faisal Fadil Al-Ibrahim.
The Georgian Government Administration said the sides agreed to hold a business forum this year in the Georgian capital city of Tbilisi.
A special commission will also be created involving officials from the Saudi ministries of energy, economy and investment to study investment opportunities of Georgia in “various directions”.
The ministers also said Georgia was one of the “attractive investment destinations” for Saudi Arabia due to its “recent economic progress”, with the meeting also noting the country’s “very important geostrategic location”.
Georgia and Saudi Arabia have agreed to launch a joint business council to further strengthen their bilateral economic cooperation, while Tbilisi has also pledged support for Riyadh’s candidacy to host the Expo 2030 International Exhibition.
“Positive dynamics” of cooperation and prospects for deepening economic cooperation were discussed on Wednesday in a meeting between the Georgian Prime Minister Irakli Garibashvili and Mohammed bin Salman Al Saud, Saudi Arabia’s Crown Prince and Prime Minister.
Georgian Foreign Minister Ilia Darchiashvili on Thursday hailed Prime Minister Irakli Garibashvili’s ongoing visit to Saudi Arabia as “truly historic” for a further strengthening of bilateral ties between the countries.
Georgia’s agricultural products have been showcased at the Saudi Agriculture International Trade Exhibition for the first time, the agriculture ministry announced on Thursday.
Georgian Economy Minister Levan Davitashvili on Wednesday highlighted the emerging, “comprehensive” cooperation agenda with Saudi Arabia - the “leading economy” in the Persian Gulf and emphasised the importance of developing trade relations with this “largest country with a population of 40 million”.
Georgian Prime Minister Irakli Garibashvili on Friday met Ahmed Al Khateeb, the Minister of Tourism of Saudi Arabia, to discuss cooperation and define future plans.
The fruitful cooperation in tourism and civil aviation and future prospects of partnership between Georgia and Saudi Arabia were discussed on Saturday by Georgian Deputy Economy Minister Mariam Kvrivishvili and Sultan Al Musallam, the Saudi Arabia Deputy Minister of International Affairs.
Jasem Mohamed AlBudaiwi, the Secretary General of the Cooperation Council for the Arab States of the Gulf, on Thursday told a panel discussion within the Tbilisi Silk Road Forum that ties between Georgia and Gulf states had been “deepened”.
Georgian Prime Minister Irakli Garibashvili on Tuesday highlighted the importance of cooperation with Saudi Arabia in a meeting with Nikoloz Revazishvili, Georgia’s newly appointed Ambassador to the country.