Trade and economic ties between Georgia and the UAE were discussed by Georgian Economy Minister Levan Davitashvili and United Arab Emirates officials on Tuesday on the sidelines of the ongoing World Governments Summit in Dubai.
According to the Economy Ministry, Suhail Mohamed Al Mazrouei, the UAE Minister of Energy and Infrastructure, and Thani bin Ahmed Al Zeyoudi, the country’s Minister of State for Foreign Trade, were featured at the meeting.
“Active development” of Georgia’s economic relations with the UAE and the increase of the trade turnover between the two countries by 39 percent according to last year’s data were noted by Davitashvili. He also mentioned that 18.9 percent more tourists from the Emirates visited Georgia, and a 23.1 percent increase was shown by the number of passengers transported by direct regular flights in 2023 over the previous year.
According to the Ministry, the comprehensive economic partnership agreement between the two states, signed in October, with Georgia benefiting from the free trade deal with the Emirates and access to an additional market of 10 million consumers with “high purchasing power”, was highlighted at the meeting with Al Zeyoudi.
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