Georgian Economy Minister Levan Davitashvili on Tuesday stated Germany was offering the nation with “significant support” from the “very first day” of the recognition of Georgia’s independence three many years in the past.
Speaking at a discussion board organised by the German Economic Union and discussing the present financial developments in Georgia, Davitashvili Davitashvili answered questions from German enterprise representatives and briefed them about applied and deliberate reforms, in addition to the challenges going through the nation and methods to beat them.
The Economy Ministry stated Davitashvili had highlighted the help in the implementation of donor, political, financial and social reforms in the nation, stressing that “great contribution” from German companions.
In his notes to the viewers that included German Ambassador Hubert Knirsch, the Minister additionally highlighted Georgia’s financial development and “favourable” atmosphere for overseas funding. He additionally famous Germany had invested about €500 million in overseas direct funding in the nation so far.
The discussion board additionally targeted on the ongoing structural reforms in Georgia for creating new funding alternatives in varied sectors of the financial system. Production of industrial merchandise, processing and expertise sectors, vitality subject and manufacturing of automotive and aviation elements had been highlighted by Davitashvili in his feedback.
Georgia receiving “significant support” from Germany from the day of recognition of independence & More Latest News Update
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