The U.S.-Georgia Strategic Partnership Commission’s Economic, Energy and Trade Working Group has met in Tbilisi

 7.03.2018 – The U.S.-Georgia Strategic Partnership Commissions Economic, Energy and Trade Working Group held its meeting in Tbilisi, on 7 March.
 
The sides discussed in detail the priorities of strategic partnership between the two countries in the areas of trade and economy.
 
The American co-chairs of the working group reaffirmed their support for the Georgian Government’s irreversible course aimed at improving business environment in Georgia, providing the private sector with effective services and developing the labour market-adapted vocational education and the key infrastructure.
 
The U.S. side reaffirmed the readiness to further support the reforms for the development of the labour market, as well as for the formation of the capital market. The role of the United States in promoting Georgian agriculture and the involvement of the U.S. agencies in the ongoing projects in Georgia was also highlighted.  Special attention was paid to the priorities of Georgia-U.S. co-operation in the areas of innovations, business and intellectual property rights.
 
The sides highlighted the importance of the participation of the U.S. companies: Conti Group and SSA Marine in the implementation of the Anaklia deep-sea port project that will help Georgia perform its role and function as a regional hub and will also enhance the economic potential of the region. The U.S. side expressed its support for Georgia’s leading role in large-scale reginal energy projects.

Both sides expressed their will to bring the bilateral economic and trade links up to the existing level of political co-operation. A step forward, in this regard, would be the successful conduction of the next round of the high-level trade and investment dialogue between the two countries (HLTID) scheduled to take place in Washington, in April. Agreements and initiatives to be discussed during this meeting will contribute to the further strengthening of trade and investment relations.