Georgian Prime Minister Irakli Garibashvili and Chey Tae-won, the Chair of the Korean Chamber of Commerce and Industry and also, the Chair of the SK Group, on Saturday discussed cooperation in various fields and reviewed prospects of deepening future partnership.
The cooperation in the fields of politics, trade and economy, investment, energy, information technology and tourism between Georgia and Korea was part of the discussion at the meeting, held in the Government Administration.
Garibashvili highlighted “a great potential” of deepening cooperation with Korea and the importance of “fully using the existing opportunities”. The sides also discussed the prospects of beginning negotiations on a free trade agreement between the two states, the Administration said.
The favourable investment environment in Georgia was emphasised by the officials, with the PM briefing Tae-won on the progress achieved by the Government in the economic direction despite the existing challenges.
The Head of the Government said that Georgia had a “double-digit” economic growth in the last two years “as a result of the right policy” and stressed the country’s “great potential” for becoming a financial and digital hub, for which the Government “has been actively working”.
The Korean SK Group unites more than 200 companies, including in the fields of energy, chemical industry, telecommunications, bio-pharmaceuticals, and trade services.