The Prime Minister (PM) of Georgia, Giorgi Kvirikashvili, and representatives of Georgia’s Government held a meeting with a number of Dubai’s business companies, within the framework of their visit to the United Arab Emirates (UAE) on April 11.
Georgia’s Government representatives hold meeting with Dubai business companies
By Tatia Megeneishvili
Wednesday, April 13
Kvirikashvili and his team participated in the Annual Investment Meeting in Dubai.
During the meeting, the PM made a statement declaring that Georgia is an attractive place for investors.
“Georgia is a country which supports those who finance projects and launch enterprises,” stated Kvirikashvili.
United Arab Emirates Sultan bin Saeed Al Mansoori stated that Georgia is an attractive country in terms of tourism and the proof of this is the increasing number of Arab visitors.
“We consider that more investment in Georgia, closer trade and economic relations and more interest towards Georgian tourist potential are needed,” stated Al Mansoori.
Kvirikashvili also drew attention to the close relationship between the two countries.
“Developing large scale cooperation with the UAE is crucial to Georgia. The UAE is a great example of a dynamic, rapidly developing country. Our goal is to establish closer relations with your country and with your companies,” stated Kvirikashvili.
According to the PM, Georgia has achieved considerable success in terms of reforming the country and transforming it into a modern, democratic country.
Kvirikashvili underlined that Georgia has taken steps in terms of European integration by signing the Association Agreement that encompasses the Deep and Comprehensive Free Trade Space Agreement.
“This increases the investment attractiveness of Georgia. Georgia has achieved considerable success with the EU visa liberalization and is expecting the enforcement of free movement regulations with the EU,” stressed PM.
Kvirikashvili underlined that after signing an Association Agreement with the EU, the integral part of which was the DCFTA, it abolished tax barriers, and also eliminated regulatory obstacles for transporting Georgian goods to the EU markets.
“This caused the steady growth of foreign direct investments in Georgia. Our economy is growing and foreign direct investments are changing in that emphasis is put on production and transportation of goods and services to Europe. Hence, the countries that do not enjoy the DCFTA with the EU, are interested in investing in Georgia. This interest is further reinforced by our strategic location and modern e-governance services," stated Kvirikashvili.