Caspian Energy Journal Caspian European Club
Monday, 05 November 2018 11:00

Georgia, China to enhance trade relations

Georgia, China to enhance trade relations

During Georgian Prime Minister Mamuka Bakhtadze's working visit to the People's Republic of China the Head of Government held the first meeting of the visit in Shanghai with Chairman Chen Siqing of the Bank of China Group, Caspian Energy News ( reports with reference to the press office of the Prime Minister of Georgia.

Special emphasis during the meeting was placed on the trade and economic relations between Georgia and China, which have further developed thanks largely to the recent FTA.

As it was pointed out, Georgia is the first country in the region to have signed an FTA with both China and the European Union, which provides Georgian companies, along with businesspersons interested in investing in Georgia, with access to a multimillion market.

The conversation also underlined the existing potential in bilateral financial cooperation and the importance of effectively tapping into it.

Following the meeting between the Prime Minister of Georgia and the Chairman of the Bank of China Group, the Produce in Georgia Agency and the Bank of China signed a memorandum of cooperation, which seeks to promote the further enhancement of cooperation between Georgian and Chinese SMEs and to foster exchange of information and experience in adopting new technologies.

More details:

Person in charge of the newsline: Olga Nagiyeva 

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