NEWS / Our government does not spare efforts to turn the country into a regional center of trade and global investment - Giorgi Kvirikashvili

07 December 2017 Our government does not spare efforts to turn the country into a regional center of trade and global investment - Giorgi Kvirikashvili

Our government does not spare efforts to turn the country into a regional center of trade and global investment, - Prime Minister Giorgi Kvirikashvili said in his speech at the Silk Road Forum in Tbilisi.

According to him, Georgia, as a reliable partner in energy transit and one of the main participants of the transport axis, is actively participating in important strategic projects such as Baku-Tbilisi-Ceyhan and Baku-Supsa pipeline, as well as south gas corridor. 

“Georgia as the reliable partner for energy transit and one of the key actor of transport axis is actively participating in the major strategic projects and initiatives like the Baku-Tbilisi-Ceyhan and Baku-Supsa oil pipelines, South Gas Corridor, which starts in Azerbaijan, continues through Azerbaijan and Georgia into Trans-Anatolian gas pipeline, and finally Trans-Adriatic pipeline, and ends in Southern Italy. And, of curse, there are more opportunities to bring Central Asian gas from Turkmenistan via Caspian Sea through the South Caucasus corridor further toward Central European countries.

This is also Middle transport corridor of the Silk Road; this is Lapis-Lazuli and Persian-Gulf-Black Sea projects, Baku-Tbilisi-Kars railway project, which was recently completed and inaugurated in Baku just very recently, as well as Anaklia deep sea port construction project, which will be the largest greenfield maritime infrastructure project in the region and construction will be launched on20th of December, 2017. In this regards, we are working closely with countries along the Belt and Road to further improve the connectivity and increase regional cargo turnover”, said the Prime Minister.

According to him, Georgia is a unique country across the region as it has free trade agreements with the European Union, China, the Turkey, the EFTA countries and members of the Commonwealth of Independent States. 


According to him, the Government of Georgia puts a lot of efforts to position the country as a regional hub for trade and global investments. “Georgia is a relatively small market to fully utilize economy of scale and increase competitiveness from a global market standpoint, however producing in Georgia means not only having access to local, but also to 2.3 billion consumer markets with whom Georgia enjoys free trade agreements, including the EU, China, Turkey, EFTA, CIS Countries and makes it unique country in the region”.

“Georgia is open for Global business. We offer a low cost and light regulation market, with physical and normative market access. Georgia today makes the case for investment in heavy and light manufacturing, as well as technologies and services. We hope for is that businesses around the globe will view Georgia as a Launchpad for production and distribution to other markets”, said the PM. 

Source: IPN.GE