Armenia, Georgia mull over opportunities for joint export to third countries

WorldPress.com

Today, Suren Karayan, the Minister of Economic Development and Investments of Armenia, received the Georgian delegation, led by Giorgi Gakharia, the Minister of Economy and Sustainable Development of Georgia.

As Suren Karayan stated at the meeting, despite a growth in trade turnover between Armenia and Georgia, the growth rates were far from satisfactory, since the available potential wasn’t fully utilized.

The Minister proposed to discuss and develop programs for joint export to the third countries, taking into account the privileges that Armenia and Georgia enjoy at various markets.

Georgian Economy and Sustainable Development Minister, Giorgi Gakharia, stated in turn that the parties should make efforts to intensify commercial and economic ties, given the absence of any political controversy.

During the meeting the parties agreed to set up a working group that will deal with the problems of Armenian and Georgian businessmen, who are working in both countries, so as to solve their problems in a timely manner.

The Ministers also agreed to make use of each party’s strengths and competitive advantages, a proper combination of which will allow for the efficient implementation of joint projects.

The Armenian Minister offered the Georgian businessmen to get involved in the construction of the free economic zone in Syunik province, as well as invited them to carry out business projects in the economic zone bordering Iran. The prospects for tourism development and implementation of joint regional tourism projects were also in focus at the meeting.