Georgia Expects UAE Investors
A group of investors and businessmen from the United Arab Emirates plan to visit Georgia in order to explore Georgia’s investment potential.
Georgia’s Ministry of Economy and Sustainable Development reports that the First Deputy Prime Minister and Minister of Economy Dimitry Kumsishvili participated in a meeting held between President of Georgia Giorgi Margvelashvili and Sheikh Mohamed bin Zaid al Nahyan during an official visit to the United Arab Emirates.
The Press Service of the Ministry of Economy says that the sides considered the opportunity of offering Georgian wine to tourists.
"Several important delegations will visit Georgia to explore new investment opportunities," Kumsishvili said, adding that the sides had focused on the issue of accelerating the signing of a free trade agreement between Georgia and the Gulf countries.
It was noted that the good will of the governors of the United Arab Emirates is of utmost importance in this regard.
The meeting also saw a discussion on reforms and achievements that the Georgian side has in terms of economic development.
The decision was made to set up a joint economic committee and an investment group to facilitate cooperation between countries, assessed by both sides as an important step.
Georgian President Margvelashvili and Minister Kumsishvili have already completed their visit to the UAE.
By Thea Morrison
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