20 May 2025,   11:04
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At the meeting we proposed signing a new memorandum to enhance bilateral economic cooperation - Davitashvili on the meeting in US Commerce Department

First Vice Prime Minister/Minister of Economy of Georgia, Levan Davitashvili, met with Ashok Pinto, US Assistant Secretary for Global Markets, to explore opportunities for enhancing trade and economic cooperation between Georgia and the US. Meeting took place during Davitashvili`s official visit to Washington.

"Discussions focused on a constructive agenda for economic collaboration, both bilaterally and regionally.

We discussed initiatives of mutual interest, particularly those that advance trade relations. Georgia is not just a consumer market for American products.

It is a strategic trade hub. U.S. goods can reach Central Asia, the South Caucasus, and beyond through re-exports. Likewise, the U.S. presents significant opportunities for Georgian exports.

During the meeting we proposed signing a new memorandum to enhance bilateral economic cooperation. This framework would outline joint initiatives and engage the private sector in its implementation.

Davitashvili also announced plans for a Georgian business delegation to visit the U.S. this year to explore investment opportunities, with the U.S. Department of Commerce set to host Georgian companies during the visit.

Besides, the US trade mission is slated to visit Georgia in September, with active participation from the Georgian Ministry of Economy.

The discussion also covered potential collaboration in key areas such as transport, logistics, energy, technology, innovation, and startups. "These are the sectors where we aim to develop concrete action plans", - added Davitashvili.

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