Prime Minister and Chairman of the Bank of China Group Discuss Enhanced Bilateral Financial Cooperation Print Version



Georgian Prime Minister Mamuka Bakhtadze's working visit to the People's Republic of China has started.
The Head of Government held the first meeting of the visit today in Shanghai with Chairman Chen Siqing of the Bank of China Group.

Special emphasis during the meeting was placed on the trade and economic relations between Georgia and China, which have further developed thanks largely to the recent FTA.
As it was pointed out, Georgia is the first country in the region to have signed an FTA with both China and the European Union, which provides Georgian companies, along with businesspersons interested in investing in Georgia, with access to a multimillion market.
The Head of Government welcomed the growing interest of Chinese companies in investing in Georgia.
The conversation also underlined the existing potential in bilateral financial cooperation and the importance of effectively tapping into it.

Following the meeting between the Prime Minister of Georgia and the Chairman of the Bank of China Group, the Produce in Georgia Agency and the Bank of China signed a memorandum of cooperation. The document, signed by the Agency's Director Mikheil Khidureli and representatives of the Bank of China, seeks to promote the further enhancement of cooperation between Georgian and Chinese SMEs and to foster exchange of information and experience in adopting new technologies.

During his working visit to the People's Republic of China, the Prime Minister of Georgia will participate in the first China International Import Expo in Shanghai and in the opening ceremony of the Hongqiao International Trade Forum. Mamuka Bakhtadze is scheduled to deliver a speech at the international forum's discussion panel Trade and Investment. The Head of Government will also visit the Georgian Pavilion bringing together 53 Georgian companies at the International Import Expo.

Prime Minister's Press Office