Signing agreements on promotion and protection of free trade and investments will significantly contribute to the deepening of economic cooperation between Georgia and Korea

Signing agreements on promotion and protection of free trade and investments will significantly contribute to the deepening of economic cooperation between Georgia and Korea - Deputy Economy Minister of Georgia

05/05/2023

16:07

Economic

A-

The signing of agreements on the promotion and protection of free trade and investments between Georgia and Korea will significantly contribute to the deepening of the economic cooperation. This will increase not only trade turnover, but also positively affect cooperation in the field of investments. It is extremely important that this issue was discussed at the high-ranking meeting of the Georgian government delegation with the Vice Prime Minister of Korea Choo Kyung-ho. Later, the Korean side highlighted this issue on social networks.

It is worth noting that the negotiations regarding the agreement on the promotion and protection of investments are already underway, - said Deputy Minister of Economy and Sustainable Development Gennadi Arveladze, who is on a working visit to the Republic of Korea as part of the Georgian government delegation.
The delegation is headed by Minister of Finance of Georgia Lasha Khutsishvili.
At the meeting, the Vice Prime Minister of Korea also congratulated the Georgian government delegation, its head Lasha Khutsishvili, on receiving the status of the host country of the next annual meeting of the Asian Development Bank and confirmed the readiness to deepen bilateral cooperation with Georgia.