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Hungary invests in Georgia’s entrepreneurship development

Friday, February 13
Hungary’s Eximbank will allocate $50 million for the development of entrepreneurship in Georgia. This was announced during the Georgian-Hungarian Business Forum held in Budapest, the Georgian government said.

Georgian Prime Minister Irakli Garibashvili attended the business forum as part of his official visit to Hungary. During the forum, he expressed hope for intensifying the relations between Georgia and Hungary in the economic sphere. Garibashvili told Hungarian businessmen about the investment climate of Georgia, the liberal tax system, and the developed transport infrastructure of the country. He said that Georgia has become more attractive to European business. At the conclusion of the business forum, Garibashvili urged Hungarian businesses to invest in Georgia’s economy. (