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Iran ready to invest in Georgia’s economic sector

Iran Materials 29 May 2012 13:22 (UTC +04:00)

Azerbaijan, Baku, May 29/ Trend F.Milad/

Iranian private companies are prepared to invest in Georgia's different economic industries such as transportation, food, agriculture, banking and insurance, said the chairman of the Iranian Chamber of Commerce, Industries and Mines.

Mohammad Nahavandian made the remarks in a meeting with his counterpart Kakha Baindurashvili in the Georgian capital city of Tbilisi on Monday, the IRNA News Agency reported.

The meeting was also attended by over 130 businessmen and traders of the two sides.

The Georgian official expressed the hope that Iranian companies would expand technical and engineering services to Georgia.

Nahavandian, for his part, said that cancelling visa requirements and streamlining bilateral trade and investment will be among the fruits of holding such meetings.

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