Georgia and Japan agree on insurance of export and investment

Georgia and Japan agree on insurance of export and investment

Georgia and Japan have signed an agreement on the insurance of exports and investments within the business forum held in Tokyo.

The memorandum of understanding was signed today between Georgia's Economy Minister Giorgi Kobulia and President of NEXI, a Japanese government corporation specialised in export credits, Musafumi Nakada.

According to the Georgian ministry, the agreement aims to facilitate the export of Japanese goods and services, expansion of Japanese businesses overseas and the stable supply of natural resources from foreign countries through such insurance products as export credits, investments and loan insurance, Agenda.ge reported.

The memorandum focuses on the development and implementation of macroeconomic policy, production and manufacturing, tourism, energy, transport and logistics, telecommunications and high-tech, trade and export facilitation, public property management, construction policy, investments.

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