BAKU, Azerbaijan, June 22
By Tamilla Mammadova – Trend:
The bilateral trade figures act as a reminder that French companies have room for development on the Georgian market, Director of MEDEF International Bogdan Gadenne-Feertchak told Trend.
"Following the launching of an annual structured dialogue between Georgia and France, MEDEF International welcomed in August 2019 President of Georgia Salome Zourabichvili and Minister of Economy Natia Turnava for a meeting with French companies," Gadenne-Feertchak said.
As he noted, in September 2020, France-Georgia business council shall meet with top managers of Produce in Georgia Agency and in December, with the Deputy Ministers of Economy and Agriculture, Tbilisi Deputy Mayor and representatives of Business Association of Georgia.
"A large scope of business issues and perspectives are to be discussed on these occasions and it has been agreed that we must enhance our business relations, in particular, in the sectors of infrastructure, transport and logistics, urban services and facilities, tourism and agriculture and agribusiness. Unfortunately, our plans for first half of 2020 had to be postponed due to the coronavirus pandemic," Gadenne-Feertchak said.
According to the director, before the current pandemic crisis and its impact on the global economy, Georgia registered a steady GDP growth around 4,5 percent for the past five years, a tendency that was expected to continue in 2020.
"Georgian economy has proven its resilience and benefited not only from its strategical position at the crossroad of East and West, but also from its numerous free-trade agreements. The country’s agricultural and touristic potential is uprising. Thanks to important structural reforms led since 2012, Georgia has gained positions in the international rankings for its enhanced business environment, and it is a strong a positive signal to the French companies," Gadenne-Feertchak added.
MEDEF International supports French companies in their operations in foreign markets, fosters partnerships and cooperation between French and foreign businesses, and contributes to the business environment’s improvements in the countries, where French companies are operating.
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