Economy Minister highlights “respect-based” partnership with Kazakhstan on country’s Republic Day
Bilateral trade increased by 200 percent, reaching $524.89 million, in the first nine months of 2023, compared to the last year, the Minister said, noting the direct foreign investments from Kazakhstan in the first two quarters of this year amounted to $25.67 million. Photo via Economy Ministry
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Georgian Economy Minister Levan Davitashvili on Friday highlighted the partnership and friendship with Kazakhstan, based on the principles of “equality, mutual respect and cooperation”, in his speech at the event dedicated to the Kazakhstan Republic Day.
Davitashvili “heartily” congratulated the Kazakh Government and people on “this important” holiday, wishing them peace, prosperity and success, the Economy Ministry said.
He emphasised the political and economic partnership between the two states “has not weakened in recent years” despite the pandemic and noted cooperation in various fields “has become even more active”, emphasising “a particularly successful dynamic” with Kazakhstan in trade and highlighting the country as “one of the most important” trade partners and investors for Georgia.
Bilateral trade increased by 200 percent, reaching $524.89 million, in the first nine months of 2023, compared to the last year, the Minister said, noting the direct foreign investments from Kazakhstan in the first two quarters of this year amounted to $25.67 million.
The cooperation within the framework of an international transport programme TRACECA, the Middle Corridor and the Central Asia Regional Economic Cooperation Programme was also pointed out by Davitashvili, who welcomed the development of tourism ties between the two states.
He highlighted the importance of laying the foundation for the construction of a new multimodal terminal in the Black Sea port city of Poti in August as part of the partnership with Kazakhstan.