Georgia, Kazakhstan mull economic cooperation issues

Tbilisi hosted the seventh meeting of Georgia-Kazakhstan intergovernmental commission, during which the economic cooperation issues between the two countries were discussed.

During the meeting, Georgian side was headed by the Deputy Minister of Economy and Sustainable Development Mikheil Janelidze, while Kazakh side was headed by the First Deputy Minister for Investment and Development Jenis Kasymbek, Georgian Ministry of Economy and Sustainable Development told Trend Nov.7.

Following the meeting, Janelidze said that the economic cooperation and the volume of investments between Georgia and Kazakhstan grow year by year.

“Export of Georgian products to Kazakhstan has grown by 66 percent, and the volume of investments made by Kazakh companies in Georgia has also increased,” he said. “Our cooperation in the sphere of agriculture is of great importance as well.”

Janelidze said that the two countries actively use their trade regimes in order to create favorable conditions for the development of business.

“We also have fruitful cooperation in the sphere of tourism. As is known, a hotel complex is being constructed in Borjomi by using joint investments,” he said, adding that the construction will be completed in 2014.

“This is one of the examples of our successful cooperation. We are also working on increasing the transit from Asia to Europe through Georgia.”

The sides signed a joint protocol after the meeting of the intergovernmental commission.
(Trend.az)