Mamuka Bakhtadze: Successful visit to Azerbaijan will give new impetus to our economic cooperation

Mamuka Bakhtadze: Successful visit to Azerbaijan will give new impetus to our economic cooperation

Georgia and Azerbaijan are strategic partners; we jointly managed to implement a lot of projects of global importance, Prime Minister Mamuka Bakhtadze said when summing up his official visit to the Republic of Azerbaijan, InterPressNews reported.

According to the Prime Minister's press service, the head of government evaluated very fruitful meetings with the President, the Prime Minister and the Chairman of the Parliament of Azerbaijan.

"We discussed some new projects that we can jointly implement and that can strengthen our economic relationship. At the same time, we outlined very specific tasks. This year, our trade turnover will reach around 1 billion and we think that in the next two years it is possible to improve this figure by 50-60%. At the same time, we agreed to study the opportunities of setting up joint ventures. Georgia is the only country in the region with a free trade regime with the EU and China. Azerbaijan is one of the largest investors in Georgia and there is a huge potential in this respect," said the Prime Minister.

According to him, Georgia and Azerbaijan have very good relations in the field of education and culture, but there are issues that need to be improved and developed.
"We also agreed that we will have additional consultations in the financial sector. Today our free trade regime does not apply to the service sector. We will additionally study this issue and we think that the new free trade regime will promote further cooperation between Georgia and Azerbaijan. It was a very good, very successful visit, which, I am sure, will give new impetus to our economic cooperation," said Mamuka Bakhtadze.

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