Georgian PM at Davos discussions: Gov’t made “great efforts” for EU integration progress
Georgian PM Irakli Garibashvili thanked “all European leaders” who had supported the “historic decision” to grant Georgia the European Union membership candidate status last month. Photo: PM's press office
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Georgian Prime Minister Irakli Garibashvili on Thursday thanked “all European leaders” who had supported the “historic decision” to grant Georgia the European Union membership candidate status last month, while highlighting “great efforts” by his Government for progress in their integration process.
Speaking at the Dialogue on Diplomacy in the Western Balkans panel, hosted within the World Economic Forum in Davos, Garibashvili noted the Association Agreement signed between Georgia and the EU in 2014, the visa-free travel agreed in 2017 and the granting of the candidate status as achievements of Georgian Dream party governments.
He also pointed out the economic development of the country, saying “we are now one of the fastest growing economies in the world”.
He said the Georgian economy had grown by 10.5 percent in 2021, 10.4 percent in 2022 and seven percent in 2023, while a five percent growth projected for this year.
Garibashvili said domestic inflation was also “low”, adding the “situation in the country” was “very good” and “stable”, including in political domain.
Over the last three years, the gross domestic product per capita has doubled in US dollars. In 2020, GDP per capita was $4,250, while this year it will be $8,600. Our trade is also growing, we are expanding trade contacts and relations. Foreign direct investments were also at a record-high last year”, Garibashvili said.
The PM added his office expected more foreign investments following the country's obtaining of the EU candidate status.
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