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Chinese delegation visits JSC Partnership Fund of Georgia

Business Materials 29 August 2019 13:51 (UTC +04:00)

Baku, Azerbaijan, August 29

By Tamilla Mammadova – Trend:

Georgia’s investment potential is promising, and the country is the key to the European market, said Chen Chunchu, Secretary General of the exhibition committee of the government of Dongguan city in central Guangdong Province of China, Trend reports citing the website of Georgia's JSC Partnership Fund.

According to him, the Georgia's JSC Partnership Fund will become an important partner for joint projects, and the Chinese side is preparing specific investment proposals.

The JSC Partnership Fund of Georgia hosted a meeting with the Chinese delegation, which is on a business trip to Georgia. The delegation included representatives of the government of Dongguan city in central Guangdong Province and of the financial bureau of Guangzhou city of the province.

During the meeting, issues related to prospects for development of bilateral cooperation and potential investment projects were discussed.

“Georgian-Chinese trade, economic, political and cultural relations are developing rapidly. The partnership fund works closely with leading business and financial companies in China. We take serious steps towards joint business projects in China,” said David Saganelidze, Executive Director of the Georgia's JSC Partnership Fund.

The parties noted the development of Georgian-Chinese trade and the importance of Georgia as a transport corridor to Europe. The head of the Fund also highlighted issues related to the opening of a Georgian trading house in Guangzhou to promote exports from Georgia.

Following the meeting, a memorandum on cooperation was signed.

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