Deputy economy ministers highlight Chinese fair as “best platform” for Georgian companies
Organised by Enterprise Georgia, the participation of the Georgian companies includes producers of Georgian wines, non-alcoholic beverages, agriculture products, leather goods, accessories and children's clothes. Photo: Enterprise Georgia
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Georgia’s deputy economy ministers Genadi Arveladze and Irakli Nadareishvili on Thursday highlighted the International Import Expo, an import industry fair looking to facilitate strengthening of economic cooperation and trade between participating states, as the “best platform” for Georgian companies to present products to Chinese consumers and importers.
Arveladze said participation in the fair opened up “new export opportunities” for Georgian companies as the event promoted their products, established new contacts and increased the volume of the country’s exports.
Georgia’s Deputy Economy Minister Genadi Arveladze, Photo via Economy Ministry
He added the Georgian representation had a “successful participation” in the fair in its previous editions, when Georgian manufacturers signed long-term contracts worth up to $20 million, and noted “new successes and new export opportunities” were expected at this year's exhibition.
Nadareishvili said the Ministry and Enterprise Georgia, the state agency promoting entrepreneurship, investment and exports, promoted the country’s exporters at the event, which featured about 40 domestic companies showcasing their goods in two large-scale pavilions - for food and beverage sector and textile industry.
Georgia’s Deputy Economy Minister Irakli Nadareishvili, Photo via Economy Ministry
He noted Ling Ji, the Chinese Vice Minister and Deputy International Trade Representative, had inspected the Georgian pavilion, emphasising the importance of developing and strengthening trade and economic relations between the two countries.
Organised by Enterprise Georgia, the participation of the Georgian companies includes producers of Georgian wines, non-alcoholic beverages, agriculture products, leather goods, accessories and children's clothes.
Arveladze and Nadareishvili are joined by Enterprise Georgia Director Mikheil Khidureli, Georgia’s Ambassador to China Archil Kalandia and Parliamentary representatives Gela Samkharadze and Zaal Dugladze for the country's representation.
Governments and business delegations from over 160 countries are participating in the fair set to run until Friday at the National Exhibition and Convention Centre in Shanghai.
“Close and fruitful” economic cooperation between China and Georgia, and future ties between the countries were highlighted in a meeting between Otar Shamugia, the Georgian Agriculture Minister and Cao Derong, the President of the Chinese Chamber of Commerce of Import and Export of Foodstuffs, Native Produce and Animal By-Products Cao Derong on Wednesday.
A Georgian delegation led by the country’s Agriculture Minister Otar Shamugia on Sunday featured in the opening ceremony of China International Import Expo, an import industry fair looking to facilitate strengthening of economic cooperation and trade between participating states.
Mikheil Khidureli, the CEO of Enterprise Georgia, the state agency promoting entrepreneurship, investment and exports, on Wednesday said the Agency was supporting the participation of 40 companies in a “major” exhibition in China to help them forge “crucial business connections” with international partners.
The implementation of the Free Trade Agreement between Georgia and China over the past five years was discussed on Friday by the Georgian Deputy Economy Minister Genadi Arveladze and Han Yong, the Department Head of WTO Affairs of the Chinese Commerce Ministry, in a joint commission meeting held in the Georgian capital Tbilisi.
Twenty-seven Georgian companies are participating in ProWine Shanghai, a leading international trade fair for wines and spirits hosted in China's biggest city, with the support of the Georgian National Wine Agency.
Mikheil Khidureli, the CEO of Enterprise Georgia, the state agency promoting entrepreneurship, investment and exports, on Thursday said Chinese importers were showing an “unprecedented interest” in Georgian products showcased at the International Import Expo running in Shanghai between Sunday and Friday.
Georgia exported locally produced goods worth $5.10 billion between January and October, marking a 12.5 percent year-on-year increase in the figure, the National Statistics Office said on Monday.
The Georgian capital city of Tbilisi is hosting the ninth edition of Georgia-China Xinjiang Commodity Exhibition between Wednesday and Friday, showcasing wine and alcoholic beverages, fruit juices, dry fruits, spices, textile and light industry products produced in the Xinjiang province.