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The head of the government writes that the issues of enhancing trade and investment flows between our countries were discussed at the meeting with the president of the United Arab Emirates.
Praising 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, the officials expressed readiness to further strengthen cooperation.
It was noted that active negotiations are underway to establish free trade between Georgia and the United Arab Emirates, while numerous projects in Georgia are being implemented in Georgia with Arab investments, and their growing numbers are commendable.
Irakli Gharibashvili emphasized that the creation of a free trade zone will establish a beneficial climate for promoting and developing the economic and trade relations between the two countries. The importance of tapping fully into the considerable potential in the spheres of tourism, energy, and the transport was underlined. It was noted that the trade turnover between the two countries grew by 84% in the first 9 months of 2022 to reach $190 million.
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