Georgian PM, UAE Foreign Trade Minister discuss bilateral relations, future cooperation
At the meeting, it was also pointed out that Georgia was interested in deepening partnership and friendly relations with the Gulf countries, with the Georgian PM emphasising his country’s role in connectivity and transit with the countries of Europe, Asia and the Middle East. Photo via Government Administration
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Georgian Prime Minister Irakli Garibashvili and Thani bin Ahmed Al Zeyoudi, the Minister of State for Foreign Trade of the United Arab Emirates, on Thursday discussed bilateral relations and prospects for future cooperation.
At the meeting held on the sidelines of the Tbilisi Silk Road Forum, the sides highlighted the significance of signing the comprehensive economic partnership agreement between the two countries in October, the Government Administration said.
Garibashvili said the agreement laid “a solid foundation” for the development of stronger and consolidated trade and economic relations between the two states, with the parties noting the agreement would open the UAE’s 10 million consumer market with “high purchasing power” for Georgia.
At the meeting, it was also pointed out that Georgia was interested in deepening partnership and friendly relations with the Gulf countries, with the Georgian PM emphasising his country’s role in connectivity and transit with the countries of Europe, Asia and the Middle East.
The favourable investment environment and potential in Georgia were also emphasised at the meeting, with the parties highlighting the increased trade turnover between Georgia and the UAE in the first nine months of 2023, which amounted to $312.91 million.
An increase in exports and imports by 60 and 65 percent, reaching $35.69 and $277.22 million, was also noted by the sides.
Garibashvili and Al Zeyoudi also discussed Georgia’s geostrategic location and historical transit role, with the officials stressing the importance of the country in connecting East and West amid the current geopolitical events.
The comprehensive economic partnership agreement was officially signed on Tuesday in Dubai by the Georgian Economy Minister Levan Davitashvili and Thani bin Ahmed Al Zeyoudi, the UAE State Minister for Foreign Trade.
Georgian Prime Minister Irakli Garibashvili on Tuesday said the comprehensive economic partnership agreement signed between Georgia and the United Arab Emirates earlier during the day had laid a “solid foundation” for the development of “stronger and consolidated” trade and economic relations between the countries.
Georgian Economy Minister Levan Davitashvili and Thani bin Ahmed Al Zeyoudi, the United Arab Emirates State Minister for Foreign Trade, on Tuesday discussed trade and economic relations, as well as the comprehensive economic partnership agreement signed between the two states earlier during the day.
Georgia and the United Arab Emirates concluded negotiations on the comprehensive economic cooperation between the countries, with Georgian Economy Minister Levan Davitashvili and Thani bin Ahmed Al Zeyoudi, the UAE Minister of State for Foreign Trade, signing the joint statement on Friday.
The “positive cooperation” between the Georgian Government and the International Maritime Organisation, and support in the former’s implementation of reforms were discussed on Friday in a meeting between the Georgian Prime Minister Irakli Garibashvili and Kitack Lim, the Secretary General of the IMO.
Cooperation between Georgia and the United Arab Emirates was discussed on Monday in a meeting between the Georgian Prime Minister Irakli Garibashvili and Abdulla Nasser Lootah, the Deputy Minister of Cabinet Affairs for Competitiveness and Knowledge Exchange of the United Arab Emirates.
Deepening of education ties between Georgia and the United Arab Emirates was discussed on Tuesday in a meeting between the Georgian Education Minister Giorgi Amilakhvari and Abdulla Nasser Lootah, the Deputy Minister of Cabinet Affairs for Competitiveness and Knowledge Exchange of the UAE.