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Prime Minister Outlines Meetings Held in Davos

“Our presence in Davos in 2019 was most successful and I am confident that economic policy that we carry out in the country will gain much more success” stated Mamuka Bakhtadze, Prime Minister of Georgia when summing up his visit to the World Economic Forum (WEF) in Davos today.

Head of Government of Georgia noted that meetings were held both with business and political leaders. It is very gratifying that success achieved by Georgia was noted at every economic panel held within the key-note event.

“Georgia is referred to as the most successful country, which underwent both democratic and economic transformation. I take great pride in hearing this. Many of our neighbors request us to help them in the implementation of reforms that have already been carried out in Georgia. We used this platform and held very important negotiations with companies that plan to make foreign direct investments (FDI) in Georgia. Interest has been expressed towards all sectors, starting from consumption goods and ended with energy. It was particularly indispensable for me to meet companies operating in the sector of high technologies. They perceive legislation that we intend to introduce from the second half of the year as an essential pre-requisite for their exposure to Georgia. Unfortunately, we have not seen abundance of high tech investments in recent years and it is particularly important for me to get investments exactly from companies operating in the sector of high technologies” added the Prime Minister of Georgia.

In the opinion of the Head of Government of Georgia, equally significant were the meetings held on education system reform, which are related to the innovations to be made towards this end in Georgia. Country genuinely has a tremendous support in this area.

“Most important message from our side was that Georgia has all the preconditions to become an economic hub of the region and feedback was also positive towards this strategy. Georgia will essentially transform into an economic hub of our region, which means that we will be able to create more jobs and ultimately combat poverty in the country” concluded the Prime Minister of Georgia.

Head of Government of Georgia also summarized the key political meetings held within the scope of the World Economic Forum (WEF) in Davos and noted that tangible progress of the country has been noted again towards European and Euro-Atlantic integration.

“Collective messages in support of Georgia were once again heard from all our friendly nations and I wish to particularly thank them for this. 2018 was a very significant year and we had undoubtedly tangible progress towards European and Euro-Atlantic integration. I am confident that 2019 will be much more successful” stated the Prime Minister of Georgia.