Georgian Minister of Economy Meets with Latvian Vice Premier

During his visit to Latvia last week, Giorgi Gakharia, the Minister of Economy and Sustainable Development of Georgia, met with Arvils Aseradens, Vice Premier and Minister of Economy of Latvia. They discussed strengthening trade and economic relations between the two countries.

“This was the first introductory meeting,” Gakharia said. “I hope that the cooperation between Georgia and Latvia will increase—our countries always had a very active political dialogue and we’ve aimed at adding an intensive economic collaboration to that. We’re planning concrete activities in the business and legislation spheres, most notably in the foreign direct investment and tourism areas.”

The Georgian Minister of Economy attended the third two-day Latvia-Georgia inter-governmental meeting of the Trade-Economic and Science-Technical Commission during his visit in the Latvian capital, Riga. The possibilities of fostering collaboration in the sectors of tourism, trade and investments, transport, energy, environment protection, agriculture, innovation and technologies, education and intellectual property were discussed. Shared experience in tourism was stressed as one of the most important issues, as Gakharia noted that Latvia is a growing tourism market for Georgia.

Cooperation in the agricultural sector was also highlighted as significant, as Georgia moves towards EU legislation standards and fulfilling its DCFTA requirements.

To deepen ties in the education sector, the parties discussed joint projects in the science sphere and establishing direct contacts between educational institutions in the two countries. The Georgian delegation expressed its readiness to cooperate with Lativia in the sports and youth spheres.

Giorgi Gakharia and Arvils Aseradens signed a minute of the meeting at the end of the session.

Nino Gugunishvili