Georgia, Spain create joint economic committee

Photo: Georgia, Spain create joint economic committee / Georgia

Tbilisi, Georgia, March 11

By Nana Kirtzkhalia - Trend:

The governments of Georgia and Spain have created a joint economic committee. The agreement on creation of the committee was signed in Madrid by Georgia's Minister of Economy, Giorgi Kvirikashvili and Spain's State Secretary for Commerce, Jaime Garcia Legaz, Georgia's Ministry of Economy told Trend on March 11.

The new committee will contribute to the implementation of joint economic projects.

"This committee will be a platform on the basis of which various issues of economic cooperation will be resolved. We agreed that we will organize a business forum in the near future, before the signing of the association agreement," Kvirikashvili said.

The elimination of technical barriers in trade between the two countries will be one of the areas of the committee's work, according to the minister.

"This legal basis is very important for attracting additional investments to the country and creating new jobs. We should provide the access of Spain's companies to the Georgian market. This is of great importance, both politically and economically, as Spain is one of the important partners for Georgia," the minister said.

Georgia and Spain will also sign an investment protection agreement in the near future.

Translated by L.Z.

Edited by C.N.

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