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Kazakh-Georgian Economic Union to focus on int'l trade and dev't of transport services - Honorary Consul

Business Materials 6 May 2021 16:31 (UTC +04:00)
Kazakh-Georgian Economic Union to focus on int'l trade and dev't of transport services - Honorary Consul

BAKU, Azerbaijan, May 6

By Tamilla Mammadova – Trend:

The relations between Kazakhstan and Georgia required the presence of a unified platform, which would prepare the ground for the necessary decisions of these two countries, Giorgi Jakhutashvili, Honorary Consul of the Republic of Kazakhstan to Georgia told Trend.

"On March 26, we laid the foundation for a very important, unprecedented union. We are very proud to bring together companies with Kazakh capital - and establish the Kazakh-Georgian Economic Union, which will focus on international trade and development of transport services, other types of investments, tourism and social and cultural life between countries," he noted.

Jakhutashvili believes that this connection will enable the countries to focus on exploring and solving the current barriers and contribute to the deepening of economic and cultural relations between the countries, especially in the light of the current COVID-19 crisis when it is really important to focus on economic parameters and their growth.

"Therefore, we take this challenge and responsibility to improve the economic indicators between Kazakhstan and Georgia," he noted.

The main mission of the union is to deepen economic and commercial relations between the two countries and implement joint activities focused on investments, tourism, and social and cultural events. The founders of the Kazakh – Georgian Economic Union are business companies and corporations operating with Kazakh Capital in share on the Georgian market: Silk Road Group, Halyk Bank Georgia, Capitol Group, Rompetrol, Batumi Oil Terminal, Air Astana, and GK Logistics.

There are up to 30 companies operating with Kazakh Capital in Georgia with a total investment of $450 million.

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