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Georgia remains very important country for Kazakhstan because of its logistics capacity

Transport Materials 15 February 2021 12:04 (UTC +04:00)
Georgia remains very important country for Kazakhstan because of its logistics capacity

BAKU, Azerbaijan, Feb. 15

By Tamilla Mamedova - Trend:

Georgia is a very important and interesting country for Kazakhstan, first of all, because of the logistics capacity of the country, said Giorgi Jakhutashvili, the Honorary Consul of the Republic of Kazakhstan in Georgia, Trend reports via Georgian media.

According to him, in addition, Georgia is attractive to Kazakh investors in terms of taxation, low corruption index, and comfort of doing business.

"Cultural similarity between nations and absence of language barriers are to be noted, which simplify cooperation between investors and local employees. In addition, it should be noted that investing in another country is the basis for medium-term business trips. This, in turn, may become a prerequisite for attracting new investment, as in many cases the Georgian environment is desirable and interesting for Kazakh families," Jakhutashvili added.

As he noted, these factors are noteworthy and can even be used as a counterweight to geopolitical risks in Georgia, as there are very few countries in the world that can do business with each other and enjoy doing so at the same time.

"The fact that Georgia is an important partner for Kazakhstan is evidenced by the investment of $500 million, which is the largest volume of investments in the Post-Soviet space, between non-neighboring countries. The fact is that today Kazakh capital is significantly represented in the Georgian economy and only with simple support, this figure may even triple," he said.

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