NEWS / EBRD Vice President – Georgia is a second-wave reforms leader in Eastern and Central Europe

07 December 2017 EBRD Vice President – Georgia is a second-wave reforms leader in Eastern and Central Europe

EBRD Vice President Alain Pilloux has delivered his speech at the Tbilisi Silk Road Forum and positively assessed Georgia’s activity within the framework of working on international projects as well as internal four-point plan of the country. 

According to Alain Pilloux, Georgia is a second-wave reforms leader in Eastern and Central Europe that represents an obvious progress.

‘Georgia’s openness and readiness, progressive approach to trade, active cooperation with China and on the other hand with the EU needs to be welcomed,’ he has remarked.

Alain Pilloux has stressed Georgian Prime Minister’s intensive involvement in the projects implemented within the framework of the support by EBRD and other leading international and regional organizations.

According to him the organization backs the context the Silk Road Project envisages and fully shares the viewpoints and tasks of the initiative. That is why EBRD is a sponsor of the forum.

He has also emphasized the role the organization can play within the Belt and Road initiative framework.

First and foremost, we would like to engage in the political reforms with all of the partners more deeply. I would also like to stress the necessity of the private sector mobilization. The government only cannot do everything, the private sector should invest its finances, employees and efforts,’ he has remarked.

Alain Pilloux has referred to the projects of regional importance and the organization’s contribution to it. According to him, by coordination with the World Bank, ADB and other financial institutions EBRD makes 500-million contribution to the development of the southern gas corridor connecting Azerbaijan, Turkey and Western Europe via Georgia.

‘The Kars-Akhalkalaki-Ganja road will connect important locations. It will be one of the models of transport development in the region,’ Alain Pilloux has remarked.

He has also given positive evaluation to the Anaklia Port and HPPs construction process in Georgia.

Source: IPN.GE