The Parliament of Georgia ratified the Free Trade Agreement between Georgia and China
The hereby Agreement will allow Georgian entrepreneurs introducing own goods and services to the largest world market without bureaucratic impediments.
Besides, the agreement will facilitate to increase of trade turnover between the signatory countries. The document provides active cooperation in various directions and defines free trade conditions.
The Agreement facilitates to economic development of the country and better employment. Besides, the document will encourage entry of potential foreign investors to Georgia.
The negotiations on the agreement started on November 10, 2015 in China within the World Economic Forum after the meeting of the Prime Ministers of Georgia and China. Georgia is the first country in the region with free trade agreement with China.
China announces concrete measures to boost global fight against COVID-19 as Xi addresses WHA sessionBEIJING, May 18 (Xinhua) -- Chinese President Xi Jinping on Monday announced concrete measures to boost global fight against COVID-19 including providing international aid and making the country's COVID-19 vaccine a global public good when available.Xi made the announcement as he addressed the opening of the 73rd session of the World Health Assembly (WHA) via video link."China will provide 2 billion U.S. dollars over two years to help with COVID-19 response and with economic and social development in affected countries, especially developing countries," Xi said.China will work with the United Nations to set up a global humanitarian response depot and hub in China, ensure the operation of anti-epidemic supply chains and foster "green corridors" for fast-track transportation and customs clearance, he said.Besides, China will establish a cooperation mechanism for its hospitals to pair up with 30 African hospitals and accelerate the building of the Africa CDC headquarters to help the continent ramp up its disease preparedness and control capacity, said Xi."COVID-19 vaccine development and deployment in China, when available, will be made a global public good," said the president."This will be China's contribution to ensuring vaccine accessibility and affordability in developing countries," he added.Moreover, China will work with other G20 members to implement the Debt Service Suspension Initiative for the poorest countries, Xi said, adding that China is also ready to work with the international community to bolster support for the hardest-hit countries under the greatest strain of debt service so that they could tide over the current difficulties.The WHA is the decision-making body of the WHO. The 73rd session of the WHA, scheduled from Monday to Tuesday, is held via video link due to the impact of the current pandemic.According to the World Health Organization (WHO), its agenda was condensed only to essential issues, such as COVID-19 and the executive board members selection.Currently, COVID-19 has hit over 210 countries and regions, affected more than seven billion people around the world and claimed over 300,000 precious lives."China stands for the vision of building a community with a shared future for mankind," said Xi, adding that China takes it as its responsibility to ensure not just the life and health of its own citizens, but also global public health.China has all along acted with openness, transparency and responsibility in the fight against COVID-19, said Xi, adding that the country "has done everything in our power to support and assist countries in need."Noting that "nothing in the world is more precious than people's lives," Xi urged all countries to put the people first and do everything they can for COVID-19 control and treatment.He expressed China's staunch support to the WHO, calling on the international community to increase political and financial support for WHO so as to mobilize resources worldwide to defeat the virus."At this crucial juncture, to support WHO is to support international cooperation and the battle for saving lives as well," Xi said.Xi called on the world to provide more material, technological and personnel support for African countries, saying that "helping them build capacity must be our top priority in COVID-19 response."Furthermore, Xi said the international community must strengthen global governance in the area of public health."China supports the idea of a comprehensive review of the global response to COVID-19 after it is brought under control to sum up experience and address deficiencies," said Xi."This work should be based on science and professionalism, led by WHO and conducted in an objective and impartial manner," he added.He also proposed to restore economic and social development and strengthen international cooperation.Noting that the mankind is facing the most serious global public health emergency since the end of World War II, Xi said "solidarity and cooperation is a sure way through which we, the people of the world, can defeat this novel coronavirus."He called on the international community to work as one and make concerted efforts to protect the life and health of people in all countries, safeguard planet Earth and build a global community of health for all.UN Secretary-General Antonio Guterres and leaders from other countries addressed the opening via video link, expressing their support to the WHO and multilateralism, as well as enhanced joint efforts in the global fight against COVID-19.
Presidents of EBRD and ADB Confirm Readiness To Help Georgia Return to High Rate of Economic Development in Video Conference With Giorgi Gakharia
Prime Minister of Georgia Giorgi Gakharia held a video conference with the presidents of the European Bank for Reconstruction and Development (EBRD) and the Asian Development Bank (ADB) regarding the possible assistance and financial resources to be allocated to Georgia due to the challenges associated with the global pandemic.
Economic problems caused by the global spread of COVID-19 were emphasized during the video conference. Funding allocated by EBRD and ADB to the Georgian private sector, Georgian banks, and other business entities was noted in particular.
The sides also discussed post-crisis measures and the assistance that Georgia might receive from the financial institutions, which would enable the government to continue the state funding programs that are being implemented today to support citizens and private businesses.
It was noted that the government team is actively working with the local representatives, as well as the head offices of both EBRD and ADB to jointly develop a package of measures that will focus on overcoming the ongoing challenges.
According to the assessment of the presidents of the financial institutions, the fact that Georgia is successfully coping with the crisis constitutes sufficient grounds to say that the country will very quickly regain the rate and positions of economic development that it possessed at the beginning of 2020. Suma Chakrabarti and Masatsugu Asakawa confirmed their readiness to actively support Georgia in this area.
The Georgian side stressed that EBRD and ADB are very strong and serious partners for Georgia. It was noted that the European Bank for Reconstruction and Development and the Asian Development Bank have financed extremely important projects worth hundreds of millions of dollars in Georgia, including in the area of infrastructure. It was noted that all major systemic infrastructural projects funded by them are still in the active phase of implementation today, despite the ongoing crisis.
The head of government thanked EBRD and ADB for their active cooperation and their support of Georgia.
Deputy Prime Minister and Minister of Regional Development and Infrastructure Maia Tskitishvili and Minister of Finance Ivane Machavariani participated in the video conference.
Georgia monitors welcome agreement on 2020 elections
/Strasbourg/ The co-rapporteurs of the Parliamentary Assembly of the Council of Europe for the monitoring of Georgia, Titus Corlăţean (Romania, SOC) and Claude Kern (France, ALDE), have welcomed the agreement between the Georgian ruling majority and opposition on the election system to be used for the 2020 parliamentary elections, as well as their pledge to refrain from politicising the electoral process and the judiciary.
“This is an important agreement that can help to de-escalate political tensions and contribute to the democratic consolidation of the country. it is now important that the agreement is fully implemented, both in its letter and in its spirit. We look forward to discussing the agreement and its implementation with all stakeholders during our visit this week,” said the co-rapporteurs.
Armenian Prime Minister Nikol Pashinyan to Hold an Official Visit to Georgia
On March 3-4, Armenian Prime Minister Nikol Pashinyan will hold an official visit to Georgia. An official welcoming ceremony will be held at the Government Administration. Head of Georgian Government Giorgi Gakharia will host his Armenian counterpart. A face-to-face meeting between the Prime Minister of Georgia and Armenia will be held along with an enhanced format meeting, followed by Giorgi Gakharia and Nikol Pashinyan making statements for the press.
During his official visit, the Prime Minister of the Republic of Armenia will hold meetings with Georgian president Salome Zourabichvili and Chairman of Parliament Archil Talakvadze.
Nikol Pashinyan, together with the Armenian delegation, will visit Heroes Square to pay homage to the memory of the heroes fallen for Georgia's unity.
The official visit of the Armenian governmental delegation to Georgia will conclude on March 4.
Press Service of the Government Administration
Georgian FM – We want China to know that Georgia stands with you
We want China to know that Georgia stands with you and remains committed to work, Georgia’s Foreign Minister Davit Zalkaliani said.
“Amid the outbreak of coronavirus, we want China to know that Georgia stands with you and remains committed to work together in a spirit of cooperation to contain the spread of the deadly virus. This is the time for support and solidarity! “ Davit Zalkaliani tweeted.