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Georgia, Lithuania expanding co-op in economy

Georgia Materials 27 January 2015 15:15 (UTC +04:00)

Tbilisi, Georgia, Jan. 27

By Nana Kirtzkhalia - Trend:

Georgia and Lithuania signed an intergovernmental agreement on economic cooperation.

The document was signed by Georgia's Prime Minister Irakli Garibashvili and Lithuania's Prime Minister Algirdas Butkevicius as part of the Georgian-Lithuanian business forum being held in Tbilisi.

During the signing ceremony, the parties noted that the agreement is intended to stimulate the development of economic relations between the two countries.

In particular, Garibashvili highlighted the development of bilateral relations between Georgia and Lithuania, and spoke about the attractive investment climate in Georgia.

"Our cooperation is expanding, as exemplified by a 30-percent growth in bilateral trade turnover between Georgia and Lithuania. Georgia's exports to Lithuania rose by 40 percent, and this growth will continue in the future," PM Garibashvili noted.

Edited by CN

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