BAKU, Azerbaijan, July 23
By Tamilla Mammadova – Trend:
Director of USAID mission in Georgia Peter Wiebler and the directors of Adjara Group signed a Memorandum of Understanding (MOU) affirming their commitment to jointly advancing sustainable and inclusive economic development, Trend reports via Georgian media.
Under the MOU, USAID will partner with Adjara Group to strengthen the competitiveness of key sectors in Georgia’s economy, including hospitality, creative industries, and agriculture.
The MOU reflects USAID’s strategy to expand and deepen engagement with the private sector to advance sustainable development in Georgia. This includes supporting Georgia to strengthen its resilience against malign influence, build citizen-responsive institutions, and achieve inclusive economic growth.
“This initiative with Adjara Group will help USAID strengthen our ability to support inclusive economic growth in Georgia’s communities. Together, we will create and co-finance initiatives that create high-value jobs and strengthen resilience in Georgia’s regions. This is a core priority for USAID as we support broad-based, inclusive economic growth that benefits people all across the country,” said Wiebler.
USAID supports Georgia to build the capacity to plan, finance, and implement its own solutions to development challenges. USAID has worked in Georgia since 1992, supporting the country’s transformation into a democracy that is increasingly integrated into Western political, security, and economic institutions.
Adjara Group is a leading Georgian holding, which operates as a decentralized corporate structure uniting three directions – hospitality, development, and agriculture.
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