Georgian Economy Minister highlights “very comprehensive” cooperation agenda with Saudi Arabia - “leading economy” of Persian Gulf
“The recent progress of Georgia is impressive for the Government of Saudi Arabia and consequently, we discussed the directions of cooperation in various fields”, he added. Photo via Economy Ministry
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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”.
Davitashvili said the Georgian side had already started discussions with the Saudi Economy Ministry on signing a free trade agreement, which would be further reviewed with other Persian Gulf countries.
He announced it was planned to create joint working groups and commissions that would identify investment projects both in the direction of energy and in terms of real estate and infrastructural development with the country, the Economy Ministry said.
The importance of investment cooperation with Saudi Arabia, which has “one of the richest economies”, was also highlighted by Davitashvili, stressing the country “has a broad interest in Georgia”. “The recent progress of Georgia is impressive for the Government of Saudi Arabia and consequently, we discussed the directions of cooperation in various fields”, he added.
The prospects of deepening cooperation between Georgia and Saudi Arabia were discussed on Tuesday between Georgian Prime Minister Irakli Garibashvili and Ahmed Al Khatib, the Tourism Minister of Saudi Arabia, at the meeting in Germany.
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.
Georgian Economy Minister Levan Davitashvili on Tuesday announced an important agreement would be signed between Georgia and Qatar, promoting innovation and technology cooperation between the countries.
Georgian Economy Minister Levan Davitashvili and Saudi Minister of Economy and Planning, Faisal bin Fadel Al-Ibrahim, discussed "priority areas" of economic relations as part of a Georgian Government delegation’s ongoing visit to Saudi Arabia, the Georgian Ministry of Economy announced on Thursday.
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”.