The News in Brief
Friday, July 19, 2024
Prepared by Messenger Staff
Georgian Prime Minister Irakli Kobakhidze Attends European Political Community Summit
Georgian Prime Minister Irakli Kobakhidze, alongside global leaders, participated in the opening plenary session of the European Political Community Summit at Blenheim Palace in the United Kingdom, as reported by the Governmental Administration.
The summit was inaugurated by UK Prime Minister Keir Starmer, with speeches also delivered by the President of Ukraine, the President of Switzerland, and the Prime Minister of Denmark.
Before the summit's official start, leaders gathered for a special group photo. Prime Minister Kobakhidze shared messages regarding Georgia-EU relations with all participating leaders, including EU officials such as Josep Borrell and Charles Michel.
In a statement to journalists, Prime Minister Kobakhidze outlined the topics covered during the discussions, including Georgia-EU relations and expansion issues. He stated that improvements in regional stability could lead to a more favorable attitude towards Georgia. "The general impression I have is that as soon as the global situation in the region changes and calms down, the attitude towards Georgia will immediately change. This process will start even before that, but in the end, a lot will depend on the political situation in the region," said Kobakhidze.
Georgia Seen as Reliable Investment Partner, Says First Vice Prime Minister
First Vice Prime Minister and Minister of Economy Levan Davitashvili praised the US State Department's 2024 investment climate report, describing it as a clear indicator of Georgia's reliability as a long-term investment partner. "The report is quite objective," Davitashvili said. "It evaluates the investment environment of Georgia positively, highlighting the successful economic reforms we've implemented."
Davitashvili noted that the report underscores Georgia's impressive economic growth compared to other regional candidates and EU nations. "The high economic growth we've experienced is unprecedented in the region," he stated. "This trend is supported by international organizations, including the International Monetary Fund."
According to Davitashvili, the improved macroeconomic indicators and predictable investment environment set Georgia apart from its regional peers. "The country's investment environment is predictable, and our regulatory legislation aligns with international standards," he explained.
He concluded by reaffirming Georgia's commitment to maintaining macroeconomic stability and supporting business operations. "This report is a clear signal to investors that Georgia can be a reliable partner in the long term," Davitashvili said. "We will continue to uphold these policies to make doing business in Georgia even easier and more competitive."
Georgian Prime Minister Irakli Kobakhidze Attends European Political Community Summit
The summit was inaugurated by UK Prime Minister Keir Starmer, with speeches also delivered by the President of Ukraine, the President of Switzerland, and the Prime Minister of Denmark.
Before the summit's official start, leaders gathered for a special group photo. Prime Minister Kobakhidze shared messages regarding Georgia-EU relations with all participating leaders, including EU officials such as Josep Borrell and Charles Michel.
In a statement to journalists, Prime Minister Kobakhidze outlined the topics covered during the discussions, including Georgia-EU relations and expansion issues. He stated that improvements in regional stability could lead to a more favorable attitude towards Georgia. "The general impression I have is that as soon as the global situation in the region changes and calms down, the attitude towards Georgia will immediately change. This process will start even before that, but in the end, a lot will depend on the political situation in the region," said Kobakhidze.
Georgia Seen as Reliable Investment Partner, Says First Vice Prime Minister
Davitashvili noted that the report underscores Georgia's impressive economic growth compared to other regional candidates and EU nations. "The high economic growth we've experienced is unprecedented in the region," he stated. "This trend is supported by international organizations, including the International Monetary Fund."
According to Davitashvili, the improved macroeconomic indicators and predictable investment environment set Georgia apart from its regional peers. "The country's investment environment is predictable, and our regulatory legislation aligns with international standards," he explained.
He concluded by reaffirming Georgia's commitment to maintaining macroeconomic stability and supporting business operations. "This report is a clear signal to investors that Georgia can be a reliable partner in the long term," Davitashvili said. "We will continue to uphold these policies to make doing business in Georgia even easier and more competitive."