Georgia, Kazakhstan eye to improve economic ties through business
Baku, Azerbaijan, October 14
By Tamilla Mammadova – Trend:
The cooperation between business ombudsmen of Georgia and Kazakhstan will contribute to the development of business and economic ties, creating favorable conditions for doing business in Georgia and Kazakhstan, said business ombudsman of Kazakhstan Bolat Palymbetov, Trend reports citing Business Georgia.
He made the remarks at a meeting with business ombudsman of Georgia Irakli Likvinadze within the framework of the 3rd International Competition Conference “Competition Law and Policy Enforcement in Regulated sectors" in Tbilisi.
As part of the meeting, a memorandum was signed between Palymbetov and Likvinadze. This memorandum provides legal advice regarding national legislation of the states, participation in scientific and practical conferences, seminars and other events.
According to Kazakhstan's statistics, the volume of trade between Kazakhstan and Georgia in 2018 amounted to $87 million, which is 34.6 percent more than in 2017 ($64.6 million).
“We are interested in expanding our relationship. And we hope for further effective and fruitful cooperation in protecting the rights of entrepreneurs,” Palymbetov emphasized.
In turn, Irakli Likvinadze noted the already good springboard in the work of the parties.
“Economic relations between Kazakhstan and Georgia are dynamic, Kazakhstani business is active in Georgia, respectively, Georgian business is active in Kazakhstan. We assume that an active memorandum and active communication between the business ombudsmen of Georgia and Kazakhstan will further strengthen business positions between the two states,” Likvinadze said.