62795
Georgia Pushes to Attract More Iranian Investment
Georgia Pushes to Attract More Iranian Investment
  1. Economy
  2. Domestic Economy

Georgia Pushes to Attract More Iranian Investment

  1. Economy
  2. Domestic Economy

Georgia Pushes to Attract More Iranian Investment

Georgia is seeking to attract more investments from Iran and has informed Iranian investors about local opportunities offered by its “business-friendly” environment.
The Georgia-Iran Business Forum was held in Tbilisi on Tuesday, where about 100 companies from both countries were represented.
Georgia’s Economy Minister Giorgi Gakharia opened the forum and said Iran was a country with one of the most “serious economic potential” in the region.
“We hope to attract more investments from Iran. We have discussed specific directions and fields such as production, transit, pharmacy, agriculture, using a free trade regime for creating joint enterprises. These are the directions which have the potential for more active developments,” Gakharia was quoted as saying by Georgian news portal Agenda.ge.
Iran’s Foreign Minister Mohammad Javad Zarif held talks with his Georgian counterpart Mikheil Janelidze in Tbilisi on Tuesday.
Zarif set off on a tour of Turkmenistan, Georgia and Kyrgyzstan on Sunday. He arrived in Tbilisi on Monday night after paying a one-day visit to Turkmenistan.
According to Janelidze, the number of Iranian investments increased by 90% in Georgia last year.
As an example of successful bilateral cooperation, Janelidze named the Supsa Oil Enterprise project launched last year.
“We have discussed many aspects of cooperation today. I would like to emphasize the commercial-economic field where bilateral trade has increased by 50%, but in general the potential is big and we have agreed to intensively continue working in this respect,” Janelidze was quoted by as saying.
Zarif hailed both countries’ plans for enhancing economic interactions, saying various fields, including transportation, industry, education and cooperation in international bodies, need to be placed high on the agenda.
The Iranian minister announced that Georgian Prime Minister Giorgi Kvirikashvili, whom he met later in the day, is to visit Iran in the coming days at the official invitation of Iranian authorities.

Short URL : https://goo.gl/gwd0Yb
  1. https://goo.gl/aEt567
  • https://goo.gl/TkvRTk
  • https://goo.gl/XOXJg8
  • https://goo.gl/273TJR
  • https://goo.gl/u5htPo

You can also read ...

Georgian Prime Minister Giorgi Kvirikashvili (L) shakes hands with President Hassan Rouhani in Tehran on April 22.
Iran has agreed to activate a corridor stretching from the...
Foreign exchange rates have stabilized and made imports less costly.
Each ton of imports costs Iran $237 less on average since the...
A number of financial transactions originating from Iran had not conformed to UK’s banking standards.
The bank accounts of Iranian nationals living in the UK...
Regional Startup Event to be Held in Baku
Seedstars World, the global seed-stage competition to identify...
New Nokia Cell Phones Enter Iran Early
HMD Global which now produces Nokia-branded phones is getting an...
Ali Divandari
The Fourth Iran-Europe Banking and Business Forum is to focus on...
71% Growth in EGFI Export Coverage
The Export Guarantee Fund of Iran, the state-owned export credit...
The “Manufacturing” sector’s growth was mostly attributed to the 35.6% rise in the production of motor vehicles, thanks to the unused production capacity.
The Iranian economy enjoyed increased oil production and growth...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus