Deputy Economy Minister: Georgia has achieved “significant success” in quality infrastructure development
Genadi Arveladze said the country had achieved “significant success” in quality infrastructure development at an event dedicated to the official opening of the EU-funded twinning project supporting the Market Surveillance Agency. Photo: Ministry of Economy
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Genadi Arveladze, the Deputy Economy Minister of Georgia, on Friday said the country had achieved “significant success” in quality infrastructure development, a system contributing to Governmental policy objectives in areas including trade competitiveness in global markets, efficient use of natural and human resources, food safety and more.
Speaking at an event dedicated to the official opening of the European Union-funded twinning project supporting the 2020-launched domestic Market Surveillance Agency, Arveladze said the Association Agreement signed with the EU in 2014 had contributed to the success achieved in developing the area.
Quality infrastructure is a priority direction both in terms of economic development and European integration. Since 2020, the Market Surveillance Agency has been operating with the aim of limiting the availability of hazardous products on the market in order to protect the health and safety of citizens, as well as the environment and property”, he said.
The official also said the twinning project would “institutionally strengthen” the Agency, contribute to the development of market supervision in Georgia and increase the awareness of the business sector.
Arveladze said domestic legislation on market supervision would be reviewed with the intention of improving the existing system in the country and implementing monitoring in accordance with the “best European practices”.
Georgian Economy Minister Levan Davitashvili on Saturday said obtaining the European Union membership candidate status by the country was “a successful completion” of one stage and the beginning of a new one on the EU integration path.
Georgia’s Ministry of Economy on Wednesday said the European Union-Georgia Association Committee in Trade Configuration, a governing body for the implementation of Deep and Comprehensive Free Trade Area of the Association Agreement between the sides, had praised the fulfilment of the obligations undertaken by the country under the deal signed in 2014.
Strategic cooperation between Georgia and the United States and the partnership in trade, transport and energy were discussed on Saturday in a meeting between the Georgian Deputy Economy Minister Genadi Arveladze and Heidi Gomez, the US Deputy Assistant Secretary of State.
Oliver Varhelyi, the European Union Commissioner for Neighbourhood and Enlargement Policy, on Sunday announced the bloc would allocate €17 billion for the economic and investment plan of its Eastern Partnership initiative, including €2.3 billion in estimated total investments for the Black Sea Strategic Submarine Electricity Cable.