Georgia-Iran Joint Economic Commission 5th meeting in Tehran

After a ten year gap, the 5th Joint Economic Commission between Georgia and I.R. Iran took place in Tehran during May 17-19, 2015. Attended by economic, education, transport and energy field agencies’ representatives from both countries, this meeting was co-chaired by the Vice-Prime Minister of Georgia, the Minister of Economy and Sustainable Development of Georgia Mr. Giorgi Kvirikashvili and the Minister of Cooperatives, Labour and Social Welfare of the Islamic Republic of Iran Mr. Ali Rabiei. Co-chairs and participants of the commission emphasized the initiatives of the Iranian Embassy in Tbilisi and the active role of the Georgian Embassy in Tehran in the process of organizing the Joint Commission, as well as the highly professional activities of both Embassies in maintaining of steady and dynamic communications between capitals.

During the three days of intense negotiations and consultations in field-related groups, Georgian and Iranian representatives exchanged opinions, shared visions and made professional networking. Commission ended by producing the Memorandum of Understanding that outlines future perspectives of our economic and cultural cooperation. Alongside the commission meetings, Georgian visitors were warmly welcomed at different educational and cultural sights and economic exhibitions, where they got acquainted to present developments and future perspectives of Iranian economy and society. At the sidelines of the Commission, Mayors of Tbilisi and Tehran signed an agreement of the capital cities sisterhood, shared their experience and agreed on the future cooperation in urban development.

Underlining the past historical ties and the present friendly relations between the two nations, at almost every meeting the key message was related to the great potential of economic cooperation in the future. Georgia’s transport and energy transit potentials and its proximity to EU would be useful for energy rich Iran with its 80 million population to get closer to European markets. Georgian hydro resources came under attention for possible use in the Iranian agricultural sector. Regional electrical energy cooperation was discussed with possible swap-exchanges among regional countries, including Georgia and Iran. Georgia is viewed as an attractive investment zone by many Iranian businessmen, and tens of thousands of Iranian tourists are willing to visit friendly Georgia. In this regard visa regulations and direct flight possibilities were discussed and mutually acceptable agreements were reached.

The next Joint Commission is planned to be held in Tbilisi. Taking into account the Iran Nuclear Program related accord among I.R. Iran and Western powers, as well as a huge potential of economic cooperation between Georgia and Iran, we hope that next Joint Commission will take place in a qualitatively upgraded level of relations between our countries, that will pave the way for closer cooperation for the prosperity of our peoples and for the friendship of our nations.

Embassy of Georgia
To the Islamic republic of Iran