Georgian Deputy Economy Minister discusses trade promotion with UK in London meeting

Georgian Deputy Economy Minister Genadi Arveladze on Monday led a delegation from the country in a meeting of the trade committee with the United Kingdom, with the discussions hosted in London as part of the strategic agreement between the two states.

The United Kingdom holds a significant position as a strategic economic partner of Georgia. Therefore, it is of utmost importance to further enhance and strengthen bilateral cooperation through various platforms”, he said.

The Ministry of Economy cited Arveladze as saying the meeting discussed promotion of trade between the countries. 

I am optimistic that we will be able to make significant progress in this regard. Furthermore, we explored the possibility of increasing British investments in Georgia and had a conversation with our British colleagues regarding this matter”, the Deputy Minister added.

The Ministry said the strategic agreement covered cooperation in “various areas” and established a legal framework for strategic partnership. 

Additionally, the agreement aims to promote free trade between the two countries, it added, noting it would allow for export of certain Georgian products of animal origin - including honey - to both the UK and the European Union.