
During the official visit to the United States, Georgia’s Deputy Prime Minister/Minister of Economy and Sustainable Development Levan Davitashvili met with the Chief Executive Officer of the U.S. International Development Finance Corporation Scott Nathan.
According to the agency, the sides discussed the priority areas of economic cooperation between the two countries.
It was noted at the meeting that the United States is Georgia's main strategic partner, and through organizations such as the United States Agency for International Development Finance Corporation (DFC) (former OPIC), a number of areas were supported in Georgia, including the financial sector, tourism, healthcare, manufacturing and development of renewable energy sources, etc. It was said that the corporation has invested more than $ 750 million in the country's economy and is currently implementing 12 ongoing projects with a total cost of $ 188 million.
The meeting focused on the importance of opening a regional office of the United States Agency for International Development Finance Corporation in Tbilisi. It was noted that the Georgian side hails this decision and considers it as a manifestation of the US strategic partnership.
The American side expressed a strong interest in the project of the electric cable connecting Georgia and Romania on the Black Sea seabed, which will connect the power systems of Georgia and the European Union and significantly increase the energy independence of the country.
The two parties agreed to continue cooperation in the field of tourism, infrastructure and energy security. The American side once again stressed the importance of the strategic partnership between the two countries and the development of Georgia as a regional hub.
It should be noted that the United States is one of the largest investors in the Georgian economy, from which investments exceeded $ 1.8 billion. As of March 1, 2022, there are 351 US-owned companies operating in Georgia, covering sectors such as transportation, communications, finance, manufacturing, infrastructure, and real estate.
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14/03/2025