Belt & Road Info: Georgia holds Belt & Road Forum to explore opportunities

Published in Economics
Tuesday, 05 December 2017 11:28

TBILISI, Nov. 28 (Xinhua) -- Tbilisi Belt & Road Forum 2017 kicked off here Tuesday, with Georgian Prime Minister Giorgi Kvirikashvili stressing the forum aims to explore opportunities stemming from the China-proposed Belt and Road Initiative.

"The revival of the Great Silk Road, encapsulated in the Belt and Road Initiative proposed by the President of the People's Republic of China, rests upon five fundamental principles: peace, prosperity, openness, innovation, and exchange of civilizations," Kvirikashvili said in a welcome speech delivered at the two-day event.

He highlighted Georgia's strategic location on the crossroads of the East and the West and the importance of the Belt and Road Initiative.

He noted that Georgia will spare no effort to give, in cooperation with its partners, fresh impetus to the diversification of transport routes along the Silk Road and raise the effectiveness of these routes, while stepping up the implementation of related projects to boost economic and civilization ties between Europe and Asia.

Chinese Deputy Commerce Minister Qian Keming said in his keynote speech at the forum that the Belt and Road Initiative had moved to a new phase and opened new perspectives for the future of the world.

A series of agreements were signed on the sideline of the forum attended by around 2,000 participants from all over the world, including a memorandum of understanding on developing economic zones and entrepreneurial capacity between China and Georgia.

According to the Georgian government, Tbilisi Belt & Road Forum aims to establish a platform for high-level meetings where regional partners get together to explore opportunities, align visions and enhance bilateral partnerships in four main areas of cooperation: transport, energy, trade and business-to-business contacts.

Source: Xinhua

Read 984 times

Related items

  • GLOBALink | Belt and Road Initiative transforming Kenya's development space: report

    The Belt and Road Initiative (BRI), proposed by China eight years ago, is transforming Kenya's development space in a profound way, said a report released Wednesday.

    Produced by Xinhua Global Service

  • GLOBALink | Belt and Road, a pathway to a brighter future

    "The Belt and Road Initiative (BRI) is a public road open to all, not a private path owned by one single party."

    Over 8 years, the BRI, proposed by Chinese President Xi Jinping, has grown into the world's largest international cooperation platform.

    The joint construction of the BRI projects conveyed confidence and strength to the international community and made important contributions to global anti-epidemic cooperation and economic recovery. #GLOBALink #BeltandRoad

    Produced by Xinhua Global Service

     

  • Georgian Prime Minister’s meeting with Lithuanian President Gitanas Nausėda

    Today, Georgian Prime Minister Irakli Garibashvili held a meeting with Lithuanian President Gitanas Nausėda.

    The meeting at the Administration of the Georgian Government focused on the relations between the two countries based on shared values and principles, emphasizing the tremendous dynamism of bilateral interaction. Lithuania is one of Georgia's most active supporters, the parties pointed out.

    The conversation revolved around successful and productive cooperation with Lithuania's delegations under various international organizations. The Head of Government thanked the Lithuanian President for ongoing support and the initiation of resolutions concerning Georgia.

    The meeting also focused on the importance of deepening the economic cooperation between Georgia and Lithuania, especially in the post-pandemic period, to boost economic growth and people-to-people contacts. In discussing the challenges posed by COVID-19, the parties underlined the importance of access to vaccines. The Prime Minister thanked the President of Lithuania for the decision to donate 15,000 vaccine doses to Georgia.

    Lithuania's unequivocal support for Georgia's path toward European and Euro-Atlantic integration was emphasized, and key directions of further joint activities and coordination were outlined. Georgia is preparing to apply for full EU membership in 2024, the Head of Government said and stressed the importance of political and economic reforms to that end. The parties discussed the upcoming NATO Summit, with the issue of Georgia included on its agenda, and expressed hope that the summit's declaration will reflect Georgia's significant progress on the path to Euro-Atlantic integration.

    The meeting also paid special attention to the situation in Georgia's occupied territories and problems plaguing the populations along the occupation lines. The President of Lithuania familiarized himself with said concerns during his visit to the village of Khurvaleti. Gitanas Nausėda reassured Irakli Garibashvili of his firm support for Georgia's territorial integrity and sovereignty.

    The meeting was attended by Ambassador Extraordinary and Plenipotentiary of the Republic of Lithuania to Georgia Andrius Kalindra, Chief Adviser to the Cabinet of the President Ieva Ulčickaitė, President's Foreign Adviser Skirmantė Straigienė, and President's Chief Adviser for Communications Raminta Stanaitytė-Česnulienė, while the Georgian side was represented by Foreign Minister David Zalkaliani and Georgia's by Ambassador Extraordinary and Plenipotentiary to the Republic of Lithuania Levan Ghvachliani.

    Press Service of the Government Administration

  • PARTICIPATION OF THE GOVERNMENTAL DELEGATION OF TURKMENISTAN IN THE ST. PETERSBURG INTERNATIONAL ECONOMIC FORUM 2021

    During the period of June 3-4, 2021, the governmental delegation of Turkmenistan headed by the Deputy Chairman of the Cabinet of Ministers, Chairman of the Supreme Control Chamber of Turkmenistan S.G.Berdimuhamedov was on the working visit to Saint Petersburg of the Russian Federation.

    The main goal of the visit was to take part in the 24th St. Petersburg International Economic Forum. This representative event of world scale has brought together the members of governments from tens of countries of the world, representatives of private sector, and renowned entrepreneurs.

    Speaking at the thematic session, S.G.Berdimuhamedov confirmed the readiness of the Turkmen side to establish long-term multifaceted cooperation with the interested stakeholders and voiced the priority vectors of collaboration.

    In the framework of the Forum, a meeting of the Deputy Chairman of the Cabinet of Ministers, Co-chair of the Intergovernmental Turkmen-Russian Commission on Economic Cooperation S.G.Berdimuhamedov with the Deputy Chairman of the Government of the Russian Federation, Co-chair of the Intergovernmental Turkmen-Russian Commission on Economic Cooperation A.L.Overchuk was held.

    During the talk, the parties stated with satisfaction the active dynamics of development of Turkmen-Russian relations in political, trade-economic and cultural-humanitarian spheres. The importance of the Intergovernmental Turkmen-Russian Commission on Economic Cooperation and its mechanisms in the advancement of bilateral trade-economic ties was underlined. The issues of cooperation on the vectors of mutual interest, including the collaboration in the area of transport, energy, industry, digitalization, healthcare, finances and others were discussed. The stable growth of the volumes of trade turnover between Turkmenistan and Russia was stated.

    In addition, the meeting of S.G.Berdimuhamedov with the Governor of Saint Petersburg A.D.Beglov took place. During the meeting, the parties underlined the efficiency of cooperation of Turkmenistan with the Russian Federation on a wide range. The head of Turkmen delegation emphasized the significance of the St. Petersburg International Economic Forum in which Turkmenistan takes active part.

    In this context, the commitment of Turkmenistan to create favorable investment climate in the country was highlighted, as well as the strengthening potential of its transport and logistical infrastructure was reflected. It was stated that Turkmenistan and Saint Petersburg are linked by multiyear partnership ties based on friendship, equality and mutual respect.

    In the framework of the Forum, S.G.Berdimuhamedov also met with Director-General of the United Shipbuilding Corporation A.L.Rakhmanov.

    During the talks, it was stated that Turkmenistan holds active position in the integration of its transport system into the world transport network. Turkmenistan strives to enhance the branches of its maritime and river transport, including the creation of modern merchant marine. In this respect, the interest of the Turkmen side in the establishment of long-term partnership with the United Shipbuilding Corporation, which has accumulated vast experience in the given sphere, was reiterated.

    Also, the meetings of the participants of the Turkmen delegation with the representatives of Russian corporations, financial and banking institutions were held.

  • Georgia: Leading MEPs react to the refusal of the political parties to reach an agreement

    In a joint statement, MEPs deplore that Georgia’s political leaders did not agree to EU mediator Christian Danielsson’s proposal and announce consequences in terms of EU-Georgia relations.

    Following a meeting on 1 April with Christian Danielsson, personal envoy of European Council President Charles Michel for the EU-mediated political dialogue in Georgia, leading MEPs issued the following joint statement:

    “We are deeply disappointed with the political leaders in Georgia for their inability to reach an agreement last Tuesday despite the best efforts deployed by the European Union to help put an end to the current political crisis. Both the ruling and the main opposition parties taking part in the discussions are to be blamed for this outcome and a special responsibility lies with the party in government.

    We reiterate our strong support to Christian Danielsson’s tireless work and welcome the publication of the proposal he made to the political parties, which further increased the transparency of the mediation process. It is essential to rebuild confidence between political party actors. The content of this proposal is indeed the right way ahead for Georgia: ambitious electoral and judicial reforms, meaningful sharing of responsibilities in the Georgian Parliament and, most importantly, a solution on future elections and on two cases of politicised justice. This solution is politically balanced and respects both the rule of law and the international assessment of the 2020 elections. We also welcome the idea of a Jean-Monnet Dialogue process supported by the European Parliament, when the political situation allows.

    Following the refusal from the political parties to compromise, Georgia’s leaders should not expect a return to business as usual from the European Union. The European Parliament in particular will call for consequences in terms of EU financial assistance, including both a suspension of further disbursements of and an increase in conditionality linked to EU Macro Financial Assistance and budget support programmes.

    In the meantime, the adoption of ongoing electoral and judicial reforms in the Georgian Parliament requires broad political support and the need to fully implement the recommendations of OSCE/ODIHR and the Council of Europe’s Venice Commission. These reforms are key to rebuild trust. We call on the ruling party to ensure a genuinely inclusive process to avoid the further undermining of both future elections and the judiciary, as well as unnecessarily closing the door to a possible agreement in the future.

    We call on Georgia’s leaders to take action immediately. The future of EU-Georgia relations is at stake.”

    Background
    The increasing frictions between political parties in Georgia following the November 2020 parliamentary elections and the arrest of the opposition leader in mid-February have sparked a major political crisis in Georgia. The EU is actively engaged to help overcome the tensions among Georgia's political parties. Christian Danielsson, European Council President Charles Michel's personal envoy, conducted in Tbilisi two rounds of mediation among the parties and presented a proposal for a way ahead for Georgia. The European Parliament strongly supports his efforts.

    The statement is co-signed by:
    David McAllister (EPP, Germany), Chair of the Committee on Foreign Affairs and the Co-Chair of the Democracy Support and Election Coordination Group;

    Marina Kaljurand (S&D, Estonia), Chair of the Delegation for Relations with the South Caucasus;

    Andrius Kubilius (EPP, Lithuania), Chair of the Delegation to the Euronest Parliamentary Assembly;

    Viola von Cramon-Taubadel (The Greens/EFA, Germany), lead member of the Democracy Support and Election Coordination Group for Georgia;

    Sven Mikser (S&D, Estonia), European Parliament’s Standing Rapporteur on Georgia;

    Michael Gahler (EPP, Germany), European Parliament’s Standing Rapporteur on Ukraine;

    Petras Auštrevičius (Renew Europe, Lithuania), European Parliament’s Standing Rapporteur on Belarus.

     

    Source: https://www.europarl.europa.eu/news/en/press-room/20210401IPR01301/georgia-leading-meps-react-to-the-refusal-of-the-parties-to-reach-an-agreement?xtor=AD-78-[Social_share_buttons]-[facebook]-[en]-[news]-[pressroom]-[statement-georgia]-

Business News

Consideration of 2016 budget next Week starts next Week

Consideration of 2016 budget next Week starts next Week

The Georgian Parliament will start consideration of the 2016 budget next week. The Committees schedu...

1 US Dollar equals 2.3906 GEL

1 US Dollar equals 2.3906 GEL

Georgian Lari slightly gained value against US Dollar. Georgian National Bank set the new exchange r...

Silk Road Tbilisi Forum 2015 has started

Silk Road Tbilisi Forum 2015 has started

Silk Road Tbilisi 2015 forum started today. Following the success of the inaugural Routes Silk Road...

Agreement between SES and GEE

Agreement between SES and GEE

A new multi-year agreement was signed between worldwide satellite operator SES and Global Eagle Ente...

MOST READ

« December 2021 »
Mon Tue Wed Thu Fri Sat Sun
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31    

About

The News Agency,
NEWSDAY.GE is
a part of STARVISION
Media Group.
It made its first
appearance on the Internet..More

 

Contact

NEWSDAY Ltd.
Lechkhumi street.43

Georgia,Tbilisi

Phone: (+995 32) 257 91 11
E-mail: avtandil@yahoo.com

 

 

 

Social Media