Items filtered by date: Thursday, 19 May 2022 - NEWSDAY GEORGIA

BEIJING, May 18 (Xinhua) -- Chinese President Xi Jinping Wednesday reiterated that China's resolve to open up at a high standard will not change, and the door of China will open still wider to the world.

Xi made the remarks when addressing the conference of the 70th anniversary of the China Council for the Promotion of International Trade (CCPIT) and the Global Trade and Investment Promotion Summit via video link.

Noting that founded in 1952 as a China-based institution with a global outlook, Xi said the CCPIT has been playing an important role in strengthening the bond of interest between Chinese and foreign businesses, promoting international economic and trade exchanges, and facilitating state-to-state relations.

The 70-year journey of the CCPIT has been an epitome of China's ever-expanding opening-up endeavor, and an important witness of how businesses from different countries could share in development opportunities and benefit from win-win cooperation, said Xi.

Xi stressed that with the world facing a pandemic and drastic changes both unseen in a century, economic globalization is experiencing headwinds, and the world is entering a new period of volatility and transformation. Now more than ever, business communities across the world yearn for peace and development, call for fairness and justice, and aspire for win-win cooperation.

Calling for pulling together to defeat COVID-19, Xi said the pandemic that has been going on unabated is posing a serious threat to the life and health of the people, and taking a heavy toll on the world economy.

He laid stress on putting people and their lives first, actively engaging in international cooperation on vaccine R&D, production and distribution, bolstering global public health governance, jointly building multiple lines of defense against the virus, and working for a global community of health for all.

Xi also called for reinvigorating trade and investment, urging balancing pandemic response and economic development, and strengthening macroeconomic policy coordination across countries.

He stressed the need to advance the UN's 2030 Agenda for Sustainable Development in all respects, and help the global economy upgrade its growth drivers, shift its growth model and adjust its structure so as to steer it onto a track of long-term, healthy and stable growth.

To allow development gains to better trickle down to people of all countries, Xi urged supporting the WTO-centered multilateral trading regime, ensuring security and stability of the global industrial and supply chains, and making the "pie" of cooperation bigger.

When it comes to unleashing the power of innovation in driving development, he called for tapping into the potential of innovation in spurring growth, jointly stepping up intellectual property protection, making rules on the basis of extensive participation and consensus building, and fostering an open, fair, equitable and non-discriminatory environment for scientific and technological development.

Xi stressed efforts to intensify exchanges and cooperation on innovation, facilitate integration of science and technology with economic growth, increase the sharing of innovation results, and remove all barriers that hamper the flow of knowledge, technology, talent and other factors of innovation.

Talking about improving on global governance, he urged upholding true multilateralism, embracing a global governance vision featuring extensive consultation, joint contribution and shared benefits, and mobilizing resources from across the world to meet global challenges and advance global development.

Xi called for choosing dialogue over confrontation, tearing down walls rather than erect walls, pursuing integration instead of decoupling, opting for inclusiveness, not exclusion, and guiding reforms of the global governance system with the principle of fairness and justice.

"China's resolve to open up at a high standard will not change, and that the door of China will open still wider to the world," Xi reiterated.

China will continue to foster an enabling business environment that is based on market principles, governed by law and up to international standards, Xi said, adding that China will pursue high-standard implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement and high-quality Belt and Road cooperation, and offer more market, investment and growth opportunities to the global business community.

"Let us join hands to uphold peace, development, cooperation and win-win partnership, work together to meet the problems facing the global economy, trade and investment, and jointly usher in an even brighter future," Xi said. 

Published in CHINA

On 18 May, the Board of Directors of the European Investment Bank (EIB) approved a €4 billion credit line (or programme loan) to help national authorities, cities, regions and local communities in all EU Member States address urgent investment needs and help welcome and integrate people fleeing the war against Ukraine.

The EIB pledged these funds back in April, at ‘Stand Up for Ukraine’, a global pledging campaign for Ukraine and its refugees, but board approval was required. The EU and Canada then raised €9.1, including €4 billion from the EIB and €1 billion from the European Commission.

The EIB credit line will help to provide this support by making financing available to the development of key infrastructure and services for refugees and host communities, such as housing, schools, hospitals and access to jobs. The financing can also cover eligible operational expenditures related to the supply of equipment, facilities and services for the integration of war refugees.

This financial package will be complemented by EIB advisory support thanks to the EMBRACE Advisory Platform, a new initiative by the EIB and the European Commission.

All EU Member States can make use of this funding opportunity and bespoke advisory for projects that help refugees start a new life in their host countries,” said EIB President Werner Hoyer. “This initiative comes together with the €668 million support we gave in early March to the Government of Ukraine to cover their urgent liquidity needs; both are part of our Solidarity Package for Ukraine, which we set up together with the European Commission.

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Press release

Published in Economics

The Minister of Foreign Affairs of Georgia, Ilia Darchiashvili met with his French counterpart, Jean-Yves Le Drian, on the sidelines of the EU Foreign Relations Council in Brussels.
The sides focused on Georgia's historic aspirations for Europe and the steps taken in this direction, including the applications for European Union membership by the Associated Trio countries of Ukraine, Moldova and Georgia and the procedures related to their self-assessment questionnaires.
The Ministers noted France's support for the European aspirations of the three states, highlighting the country’s role in the process given the French Presidency of the Council of the EU.
The ministers expressed the hope that the EU member states will support the European aspirations of the countries by granting them candidate status for membership.
The meeting also focused on the security environment in region and the challenges facing Georgia, as well as recent developments in the Russian-occupied Abkhazia and Tskhinvali regions. Minister Le Drian reaffirmed the French Government’s firm support for Georgia’s sovereignty and territorial integrity.
Speaking about bilateral relations, Darchiashvili and Le Drian also reviewed relations between their states within the format of the Dimitri Amilakhvari French-Georgian political dialogue. The two ministers agreed to start preparations for the next meeting under the dialogue.

MFA of Georgia

Published in Politics

Irakli Garibashvili, Prime Minister of Georgia met Derek H. Chollet, Foreign Policy Adviser to the United States Secretary of State today.

The Head of Government of Georgia thanked the US official for his visit to Georgia, thereby noting that it is yet another clear manifestation of US support to the country.

Dignitaries discussed the strategic partnership and prospects of future cooperation between the two nations. It was noted that within the partnership spanning for 30 years already, Georgia is a good example of a country empowered with unwavering support of the USA and assistance rendered to the democratic institutions of the country, capacity building in the defense and economic development.

Dignitaries reviewed the grave situation witnessed in the occupied territories of Georgia. US official clearly reiterated the unwavering support to the sovereignty and territorial integrity of the country.

Also, discussion was related to the issues of regional security. Attention was paid at the meeting to the military activities currently witnessed in Ukraine. It was noted that Georgia continues to support Ukraine both at the political level - inter alia within the international formats, as well as humanitarian aid. So far over 500 tons of humanitarian cargo has been sent to Ukraine and support towards the war-affected people currently living in Georgia continues to this day.

Significance and strengthening of democratic institutions on the path of European and Euro-Atlantic integration was highlighted at the meeting. It was noted that authorities of the country assign special importance to US cooperation within this process.

Meeting held at the Government Administration was attended by H.E. Kelly C. Degnan, Ambassador Extraordinary and Plenipotentiary of the United States of America (USA) to Georgia; Mark Simakovsky, Deputy Assistant Administrator of the United States Agency for International Development (USAID); Jason Ham, US Department of Defense Official (Balkans, Caucasus and Black Sea Region) and Florence Akinyemi, Special Adviser to Derek H. Chollet, while the Georgian side included Revaz Javelidze, Head of Government Administration.

Press Service of the Government Administration

Published in Politics

"The U.S. says it does not support the independence of Taiwan, but removed expressions, such as 'Taiwan is part of China,' from the U.S. State Department website. Those who break faith will not only have their reputation tarnished, but also pay the price for doing so," says a Chinese Foreign Ministry spokesperson.

Produced by Xinhua Global Service

Published in CHINA

More than 100 people participated in a conference on youth challenges and opportunities in Georgia, organised on 16 May by EU4Youth and the CENN (Caucasus Environmental NGO Network).

The conference, dedicated to the European Year of Youth, was attended by the EU Delegation to Georgia, local and international organisations, government agencies, and active youth from different regions of Georgia.

I am glad to see a lot of young people here today, who have come from different regions of Georgia. It is essential to analyse the role that young people can play in the development of society and to consider their involvement not only in the long run, but first and foremost in the present. We are investing in this and the European Year of Youth, and the purpose of this conference is to support young people to participate in change not only in the future, but today,” said Catalin Gherman, deputy head of cooperation of the EU Delegation to Georgia in his welcoming remark.

CENN executive director Nana Janashia explained that the meeting had two purposes: to connect young people and organisations with each other, and to discuss and advocate for youth policy and strategy.

The conference aimed to discuss the current trends, challenges, and opportunities in the youth sector, specifically, youth policy, entrepreneurship, employment, education, and volunteering. In the format of panel discussions, the conference brought together local, national, and international organisations active in the fields of youth, education, social entrepreneurship, and green economy to discuss the main topics of youth sustainable development. The event also hosted a networking session, with the aim of connecting organisations and youth and sharing experiences and opportunities.

The event was organised by the EU4Youth: Social Entrepreneurship Ecosystem Development (SEED) Programme for Green Growth in Borderline Communities project, which aims to develop the entrepreneurial potential of young people from the EaP region in the field of social entrepreneurship, with a view to contributing to social cohesion, employment, inclusion and reduction of inequalities.

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Press release

Published in Society

Senior Policy Advisor to the Secretary of State, Counselor Derek Chollet is in Tbilisi!

During his official visit, Counselor Chollet will meet representatives of the Georgian government, members of opposition political parties, and civil society leaders to discuss how our countries can work together to help Georgia build a strong, secure, and prosperous democracy.

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Published in Politics

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