According to the Georgian government’s press office, cooperation and prospects of boosting trade ties and investment between Georgia and the United Arab Emirates were discussed by Georgian prime minister Irakli Garibashvili and Sheikh Mohamed bin Zayed Al Nahyan on Monday at their meeting in Abu Dhabi.
Georgian PM was welcomed by UAE officials to start off visit.
Readiness to further strengthening of the cooperation was expressed by the officials, and the “fruitful cooperation” between the two countries in various fields and a “high-level political dialogue” evidenced by visits of senior officials from both states was praised.
Irakli Garibashvili wrote in Twitter that he was happy to meet the president of Sheik Mohamed Bin Zayed in Abu Dhabi. They discussed the ongoing bilateral and future cooperation between the two countries, as well as enhancing trade and investment flows between them for the greater benefit of the both nations.
Noted negotiations were ongoing “actively” between Georgia and UAE to establish free trade between the two countries. A number of projects in the country that had been funded by Arab investors were highlighted by the head of the Georgian government.
Establishment of a free trade zone that would create a “favourable climate for the promotion and development of economic and trade relations” between the two countries was also pointed out. The discussion also touched on the importance of a “full use” of the potential of ties in tourism, energy, and transport.
The 84 percent increase ($190 million) in the trade turnover between the countries over the past nine months was highlighted by the officials.
The Georgian PM chaired the delegation that arrived in Abu Dhabi early on Monday to hold “high-level meetings”.
Levan Davitashvili, the vice prime minister and minister of economy and sustainable development, Ilia Darchiashvili, the minister of foreign affairs, and Revaz Javelidze, the head of the government administration were included in it.