BAKU, Azerbaijan, June 8
By Tamilla Mammadova - Trend:
As of January 31, 2020, 26 companies with Georgian capital were registered in Romania, with a total subscribed capital equivalent to the amount of $89,440, Embassy of Romania to Georgia told Trend.
"The value of the investments of Romanian companies in Georgia is still low at this very moment, but the perspectives of European integration of Georgia will certainly contribute in identifying Georgia’s potential and areas of interest, in which Romanian companies might invest," the embassy said.
According to the embassy, the prospects of establishing a Joint Intergovernmental Commission for Economic Cooperation in the near future also will contribute to the development of the economic relations between Romania and Georgia, by facilitating direct contacts between various ministries and agencies of the two countries.
"As of March 1, 2020, the volume of trade between Romania and Georgia reached $23.39 million. Of this, Romanian export to Georgia amounted to $19.20 million, while import from Georgia to Romania was $4.19 million," the embassy added.
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