free trade agreement would contribute to Georgia’s Euro-Atlantic integration aspirations

The establishment of a free trade agreement between Georgia and the United States would be a “clear signal” of increased American economic interests in Georgia and would contribute to the country’s Euro-Atlantic integration aspirations and economic development, Georgia’s Ambassador to the United States, David Zalkaliani, said Tuesday.

The diplomat was commenting on Economy Minister Levan Davitashvili’s visit to the United States, saying the high-level meetings held during the trip would deepen economic cooperation between the countries.

Zalkaliani stressed the importance of concluding a free trade agreement with the partner country, stressing that it will contribute to Georgia’s trade diversification.

He also said Daviatshvili had an “in-depth conversation” with Scott Nathan, the CEO of the United States International Development Finance Corporation, discussing current and future DFC projects in Georgia as well as developments in the region.

DFC continues to support Georgia in areas such as the financial sector, tourism, healthcare, manufacturing, renewable energy development, and more. “said Zalkaliani.

Implementing 12 existing projects in Georgia totaling $188 million, DFC is supporting development in areas including the financial sector, tourism, healthcare, manufacturing and renewable energy development, with a total of $750 million invested in the country, Zalkaliani said.

As DFC plays an extremely important role in Georgia’s economic development, the opening of DFC’s regional office in our capital will send a clear message of growing American economic interests in our country and the region,” the Minister added.

Zalkaliani was named Georgia’s ambassador to the United States last month, after serving as the country’s foreign minister for nearly five years.

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