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Prime minister promotes Georgian products in China

News Release – Prime Minister discussed prospects for export of Georgian products to China to Prime Minister of the State Council of People’s Republic of China – July 1, 2019

Prime Minister of Georgia Mamuka Bakhtadze and Prime Minister of China State Council Lee Ketsian have discussed the prospects for Georgian products accessing China and transforming Georgia into a regional centre at a meeting in Dalian. 

The Head of Government congratulated Prime Lee Ketsian on the 70th anniversary of the establishment of the People’s Republic of China and thanked Georgia for its support. 

Emphasis was on the necessity of full utilisation of the free trade agreement and the importance of investing in Georgia, especially in the sectors whose export potential is high. 

In the context of the conduct of Georgia as a regional centre, emphasis was made on the needs of the largest companies to invest and to open regional offices in Georgia.

The role of interconnected contacts was noted in promoting further bilateral trade-economic relations. 

The Prime Minister of China’s State Council has confirmed China’s support for the territorial integrity and sovereignty of Georgia and the non-recognition policy.

The Head of the Government of Georgia also thanked Prime Minister Lee Keatsyan for his invitation to the World Economic Forum in Dalian, to only a few leaders have been invited.

Ministers of Foreign Affairs, Commerce, Science and Technology of China, as well as chairman of the State Reforms and Development Commission, took part in the meeting of the Prime Minister of Georgia and the State Council of China. The high-level meeting was the first of its kind held in this format, which, according to the parties, is a confirmation of the transition to a new level of bilateral relations. 

Mamuka Bakhtadze will deliver a speech at the thematic session of the World Economic Forum – Talent Transforming Technology. Working visit of Prime Minister of Georgia to Dalian will end on July 2.

PortSEurope Note: Im May this year, Batumi Sea Port Ltd hosted a delegation from China’s Lianyungang port, and the two ports signed a memorandum of understanding (MoU).

The signing ceremony was attended by representatives of the mayor’s office headed by the mayor of Lianyungang city and by the Chairman of the Board of Lianyungang Port Holdings Group Company Limited. For Batumi Sea Port, the MOU was signed by the General Director, Meiramkhan Adylkhanov.

In May last year, Deputy Prime Minister and Minister of Economy and Sustainable Development, Dimitri Kumsishvili, met with delegations of the Chinese port of Lianyungang and the COSCO shipping group.

According to a ministry note, during the meeting the parties discussed the involvement of Georgia in the Belt and Road initiative, including the development of the so-called “central corridor”, which is reflected in the implementation of important transport infrastructure project , such as the port of Anaklia and the Baku-Tbilisi-Kars (Btk) railway transport corridor.

Batumi, together with Anaklia and Poti, has plans to develop into a hub to serve China’s new Silk Road. The port has been based on handling oil, and is now constructing a new terminal to store up to 60,000 tonnes of mineral fertilizers.

Source: Government of Georgia

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