"Prominent representatives of our diaspora make a special contribution to the establishment of sustainable relations between Georgia and Turkey" - Ilia Darchiashvili

Published in World
Monday, 13 June 2022 16:59

"The scale of the Turkish-Georgian Business Forum clearly reflects the very special, friendly and strategic relations between the two countries - Georgia and the Republic of Turkey," Foreign Minister Ilia Darchiashvili told participants of the Turkish-Georgian Business Forum "Chveneburebi".
The forum was held for the first time with the participation of the Ministry of Foreign Affairs of Georgia at the initiative of the Georgian Historical Diaspora living in the Republic of Turkey and the Association with Georgian and Turkish Businessmen. It should be noted that the Turkey-Georgia Business Forum, organized by the Ministry of Foreign Affairs of Georgia, is the fourth large-scale event organized by Diaspora representatives to ensure their involvement in the country's economic reconstruction process.
According to Ilia Darchiashvili, this year, when the 30th anniversary of the resumption of diplomatic relations between the two countries is celebrated, the holding of a business forum gains special weight and somehow summarizes the achievements of Georgia and Turkey in developing mutually beneficial cooperation in a number of areas. According to Darchiashvili, it is important to hold this large-scale event with the country, which was one of the first to recognize Georgia's independence and today is one of the active supporters of our country in the international arena.
As the Minister emphasized, "the prominent representatives of our diaspora make a special contribution to the establishment of this wide range and sustainable relationship, because they are the ones who contribute to the establishment of strategic cooperation and the development of economic ties." In addition to being interested in economic projects, they, according to Darchiashvili, are carriers of the culture of the two countries, the values of the two countries and fulfill a special mission in terms of strengthening inter-people ties and popularizing our country.
"Georgian art houses, cultural-educational foundations, societies, creative unions operating in Turkey are a kind of bridge of relations with compatriots. "Chveneburebi interested in Georgia, Georgian language, alphabet, culture gather in Georgian cultural centers, celebrate holidays, celebrate the friendship and joint achievements of two brotherly nations!" - the Minister added.
According to him, the interest of Georgian businessmen working in Turkey in the investment environment and economic opportunities of Georgia is growing day by day. Therefore, it is important to regularly inform them about the current processes, reforms and economic trends in Georgia, which will allow them not only to implement interesting business projects, but also to act as a kind of "investment representatives" in relations with foreign partners.
"We are interested and will support the regular holding of such meetings, which will help our compatriots to discover new spaces, new opportunities and use the country for the better," Ilia Darchiashvili said.
The Turkish-Georgian Business Forum "Chveneburebi" was held in Georgia for the first time with the involvement of the Ministry of Foreign Affairs of Georgia and the initiative of the Georgian Diaspora living in the Republic of Turkey. The purpose of the business forum is to inform the representatives of the Turkish business community about the investment environment and economic opportunities in Georgia and to attract investments to Georgia with the support of the Georgian Diaspora living in Turkey. Representatives of the economic bloc, relevant state agencies and entrepreneurial spheres are participating in the forum from the Georgian side.

MFA of Georgia

Diaspora Business Forum is held in Georgia

Published in Economics
Thursday, 16 December 2021 11:59

The Diaspora Business Forum is held on 10, 11 and 12 December, through the financial support of the European Union, the International Organization for Migration (IOM) and the Ministry of Foreign Affairs of Georgia.
The forum aims to promote the involvement of the diaspora in the economic development of the country, to stimulate cooperation between compatriots living abroad and local businesses, to establish business contacts and to increase access to new markets for local businesses. The participants of the event - compatriots living abroad and foreign guests - have the opportunity to get acquainted with the investment and entrepreneurial environment of Georgia, state programs and initiatives to support business.
The opening part of the Diaspora Business Forum took place on 10 December at the Biltmore Hotel Tbilisi. EU Ambassador to Georgia Carl Hartzel greeted the participants with a video address. The forum was officially opened by the Deputy Minister of Foreign Affairs of Georgia, Vladimer Konstantinidi and the IOM Georgia Chief of Mission, Sanja Celebic-Lokovac. The event was attended by state agencies ("Produce in Georgia", Georgian Agency for Innovation and Technology), representatives of the private sector and up to 15 diaspora communities from Germany, France, Canada, U.S. and foreign guests.

MFA Georgia

Bilateral documents are signed at Turkmen – Singapore business forum

Published in Economics
Thursday, 29 August 2019 09:47

Bilateral documents signing ceremony was held during Turkmen – Singapore business forum.

The following documents have been signed:

The Agreement on Cooperation between the State Bank of Foreign Economic Affairs of Turkmenistan and Bank Association of Singapore and the Agreement on Cooperation between the State Bank of Foreign Economic Affairs of Turkmenistan and DBS Bank Ltd. (Development Bank of Singapore);

Memorandum of Understanding between the Ministry of textile Industry and Indorama Corporation Pte. Ltd.;

In addition, Memorandum of Understanding has been signed between the Trade and Industrial Chamber of Turkmenistan and Singapore Business Federation. The Memorandum of Understanding between Turkmen State Institute of Economics and Management and the Institute of Management Development of Singapore has also been signed.

The same document was signed by the Ministry of Industry and Communication of Turkmenistan and Singapore Company Pacific International Lines Pte. Ltd, which have agreed on cooperation in transport and logistics.

Two Memoranda of Understanding was signed by the Union of Industrialists and Entrepreneurs of Turkmenistan with Vallianz Holdings and Sun Connect Pte. Ltd.

The second part of business forum was dedicated to industrial complex and transport sphere of Turkmenistan and to cooperation in these sections including with participation of business communities.

The state news agency of Turkmenistan

Turkmenistan presents exhibition of export goods in Singapore

Published in World
Thursday, 29 August 2019 09:35

Turkmen – Singapore business forum is to be held in Singapore under the state visit of President Gurbanguly Berdimuhamedov to the Republic of Singapore.

Meeting of representatives of business circles of two countries is to become a starting event for taking of trade and economic partnership contact to new level, for opening of new points of consolidation of efforts.

The meeting of the conference hall of Shangri La Hotel was forestalled by the exhibition of export goods of our country. It presented the production of textile industry, yarn, fabrics and readymade sewing production including jeans, bright gift bedding, kitchen and bath sets, silk items and ornamented carpets.

It also presented the products made by the facilities of chemical industry of Turkmenistan, which was described in details in informational bulletins and booklets. Bright banners attract the attention to the displays of oil and gas industry, agriculture, food industry and other branches.

Turkmenbashy International Seaport has also presented its display at the exhibition, having demonstrated passenger and commercial fleet, capabilities of cargo transfer and shipbuilding yard.

In addition to pharmaceutical production, the section of medical industry demonstrated herbal teas from the plants growing in Turkmen land, medicine made of licorice, cosmetic face masks based on mineral materials.

Turkmen entrepreneurs also demonstrate their production in Singapore. These are home textile, clothes, washing liquids. Stylish leather footwear, food products, natural fruit juices, confectionary.

Private tourist agencies offered their service in tourism business inviting t make a wonderful trip around historical places of Turkmenistan and to see its modern architectural beauties.

The state news agency of Turkmenistan

Turkmen – Singapore business forum starts working

Published in Economics
Thursday, 29 August 2019 09:33

Turkmen – Singapore business forum, which was timed to the visit of President Gurbanguly Berdimuhamedov to this country, started working in Singapore.

More than 40 big companies of Singapore took part in business meeting in the conference hall of Shangri-La Hotel. Specialization of the companies is rather broad. This is production of equipment for oil and gas, chemical, energy, agricultural and food production spheres, construction industry, shipbuilding, transport and communication sphere, trade, banking business, development of software, engineering and other.

Turkmenistan was represented by the heads and specialists of different ministries and departments and members of the Union of Industrialists and Entrepreneurs.

The forum was opened by Teo Xyong Xeng, the Chairman of Singapore Business Federation, which unites more than 25,800 companies as well as the main local and foreign business chambers.

In his speech, he noted that current forum gives good opportunities for study of capabilities of cooperation and investment collaboration. According to his words, trade between Turkmenistan and Singapore was 43.4 billion US dollars in 2018, which is 5 times higher than in 2016.

Being one of the most rapidly growing economies in Central Asia with huge natural resources, Turkmenistan represents huge economic potential for establishment of trade and investment relations, Teo Xyong Xeng said, having announced the signing of the Memorandum of Understanding on cooperation between Singapore Business Federation and Trade and Industrial Chamber of Turkmenistan.

In this context, such priority spheres as oil and gas sphere, energy, chemistry, construction, transport and logistic, agriculture have been mentioned.

The state news agency of Turkmenistan

Business circles of Caspian countries discuss perspective projects and sign the agreements

Published in Economics
Thursday, 15 August 2019 15:05

In the afternoon, the conference hall of Berkarar Hotel hosted the meeting of representatives of business circles of Caspian states. Its agenda included topical subjects of establishment of international cooperation, attraction of foreign investments and technologies in different branches of the states of the region, discussion of perspective joint projects.

For example, one of the session was dedicated to the cooperation in oil and gas sphere, its directions and perspectives. Officials of the State Concern Turkmengaz, Malaysian PETRONAS, Chinese CNPC and other took part in the session. The review of activity of big foreign partners in Turkmenistan has been presented and new investment projects in petrochemical sphere were presented.

The investments were the topic of another subject. High-rank delegates of the World and Asian Development Bank, one of the leading Qatari company Al Qamra Holding made speech at the session.

The name of the third session is Industrialization: Look in to the Future. It was held by the Central Asia Regional Head of the European Bank for Reconstruction and Development, who focused on the role of business in this sphere. Big industrial projects initiated by Leader of the nation Gurbanguly Berdimuhamedov, which are implemented by the Union of Industrialists and Entrepreneurs of Turkmenistan, practice of Azerbaijan of legal support of business and successful model of free industrial zone on example of free industrial zone in the port of Georgian Poti have been reviewed in this section.

Outcomes of the exchange trades held under Caspian Exhibition of Innovative Technologies have been announced in the end of business forum where 300 heads and representatives f 90 big companies, banks, associations and unions took part.

256 transactions to total amount of 380,179,000 US dollars have been registered at the trades. For foreign currency, brokers from Russia, Turkey, Great Britain, Luxemburg, United Arab Emirates, USA, Singapore, Hong Kong and Afghanistan have bought hydro-treated diesel fuel, A-80 gasoline, L – 0.2 – 63 and L – 0,5 – 62 diesel fuel, TC1 jet fuel, total petroleum coke, ECO – 5 hydro-treated diesel fuel produced by Turkmenbashy Refinery complex as well as ECO-93 gasoline and liquefied of the State Concern Turkmengaz. B-type carbamide and technical iodine produced by the State Concern Turkmenhimiya were the subjects of foreign currency transactions.

In addition, cotton yarn and fibre, Portland cement and glass were sold for foreign currency to Russian Federation, UAE, Turkey and Uzbekistan.

For local market, Turkmen entrepreneurs have bought polypropylene and polyethylene to total amount of 43 million manats.

It has been mentioned in the final speech that Turkmenistan has demonstrated again the willingness to start real cooperation in specific strategic directions with Caspian states and with the countries of other regions.

Document signing ceremony, which set out the agreements reached during the meetings and session in the fields of the CEF 2019 was held afterwards. In general, 57 international documents, which are related to cooperation in such spheres as international technologies, investment cooperation, trade and economic and financial sphere, diplomacy, transport, power energy, light industry, agriculture and water management, sport and other areas.

Certificate award ceremony took place afterwards. The Trade and Industrial Chamber of Turkmenistan has been awarded with the certificate for organization of Caspian Exhibition of Innovative Technologies and the first international motor exhibition of Turkmenistan on the territory of Turkmenbashy International Seaport. This certificate was presented by Sergey Gorsky, Deputy Executive Director of Messe Frankfurt, the global leader in organization of motor industry exhibitions.

Awarding this certificate, we welcome the initiative of President Gurbanguly Berdimuhamedov to organize the exhibition of advanced technologies and the first motor exhibition, which is held in Turkmenbashy and supplements this forum, supporting the promotion of new technologies in industry including in car manufacturing industry, - Mr Gorsky said.

President of the Union of Commercial Chambers and Commodity exchanges of Turkey Rifat Hisarciklyogly and the Secretary General of the Trade and Industry Chamber of the Economic Cooperation Organization Adem Kula have also presented the certificates.

ISO Compliance certificate has been awarded to the State Commodity and Raw Material Exchange of Turkmenistan by the General Project Manager of SGS in Caspian Region Azer Mammadov.

It was mentioned that this certificate is awarded by the results of big work made by the Exchange after the audit and inspection by SGS and is high marks of the final result.

After the ceremony, the briefing was given to representatives of mass media on the outcomes of the meeting of business circles. The main subjects of discussion, outcomes of available capabilities of activation of cooperation have been summed up as well as weighted and comprehensive assessment multidimensional potential of Turkmenistan has been given.

Outcomes of the first day of work of Caspian Economic Forum has been summed up the briefing. The importance of the initiative of President Gurbanguly Berdimuhamedov on foundation of CEF, which marked the launch of new ground of the dialog of the countries of the region and their international partners where anyone can obtain full information about the dynamics and perspective plans of social and economic development the Caspian Five, exchange the views about latest world trends in different section of economy, receive direct comments on interesting questions from representatives of the Governments, profile ministries and departments, successful businessmen and leading international experts has been highlighted.

The state news agency of Turkmenistan

The working visit of the Turkmen delegation to Germany

Published in World
Thursday, 21 February 2019 16:25

During the period of 11-14 February 2019, Turkmen delegation headed by the Deputy Chairman of the Cabinet of Ministers of Turkmenistan is on the working visit to the Federal Republic of Germany.

According to the program of the visit, the delegation will participate at the Turkmen-German business forum as well as hold negotiations between representatives of relevant national agencies and German state and private organizations.  Among the members of Turkmen delegation, there are heads of the Ministry of Agriculture and Nature Protection, Ministry of Finance and Economy including the Ministry of Energy of Turkmenistan as well as the Ahal region municipality.  There are also representatives of the Union of Industrialists and Entrepreneurs of Turkmenistan.        

On the 12th of February, Turkmen delegation held a meeting with Hans-Joachim Fuchtel, Parliamentary State Secretary of the Federal Ministry of Agriculture and Food.  The parties noted with satisfaction that traditionally friendly relations established between Turkmenistan and the Federal Republic of Germany reached new frontiers and target-oriented bilateral cooperation evolves at high pace.   

The parties also stressed the importance of fruitful economic relations currently existing between Turkmenistan and Germany as well as discussed the issues of widening cooperation in this direction, particularly realizing large investment and innovation projects in the agricultural sphere.  

Then the members of Turkmen delegation visited the Innovative Scientific Developments Centre of “Claas” company and visited the agricultural farm.

On the 13th of February, the Turkmen-German business forum opened in the premises of «Deutsche Bank AG» in Berlin.

Chinese-Georgian Business Forum Held in Xiamen

Published in Economics
Tuesday, 19 September 2017 16:57

Georgian delegation, headed by the Minister of Economy and Sustainable Development of Georgia Giorgi Gakharia, introduced the Georgian investment environment at the Chinese-Georgian Business Forum held in Xiamen. Deputy Ministers of Economy and Sustainable Development – Nino Javakhishvili and Giorgi Cherkezishvili delivered speeches at the Forum. The importance of the Forum in terms of further development of the trade relations between the two countries was specially emphasized. 

Within the framework of the visit, a Memorandum of Understanding was signed between the Georgian Government and one of the largest Chinese company CEFC. The Minister of Economy and Sustainable Development of Georgia, Giorgi Gakharia also signed an Agreement on handling 75% share of the Poti Industrial Zone to the Chinese conglomerate CEFC.

“The Agreement envisages handling of the 75% share, which belonged to the state, and the management right of the Poti Industrial Zone to the CEFC. The Poti Industrial Zone is a very important asset for the economy of the country and its vital to reorganize and actively develop it. We believe that the Chinese company will bring success to the Zone since they have the ability, the power andthe knowledge to manage such a complex and large project. We will start cooperation on this project in the nearest future” – Giorgi Gakharia stated.

“This really is a fact to welcome, as it will facilitate additional cargo inflow through Georgia” – the CEO of the Georgian Railways, Mamuka Bakhtadze noted.

Approximately two hundred Georgian and Chinese private companies participated in the Business Forum.

Georgian-Slovak Business Forum

Published in Economics
Monday, 30 May 2016 16:28

Prospects of deepening Georgian-Slovak trade and economic relations, partnership in the energy sector, information technologies, logistics, transportation, infrastructure and commerce were discussed today at the Georgian-Slovak Business Forum. Prime Minister of Georgia Giorgi Kvirikashvili and President of Slovakia Andrej Kiska opened the event.
In his speech Prime Minister of Georgia elaborated on the partnership between the countries and expressed hope that the Forum will contribute to the deepening of Georgian-Slovak economic relations.
"We have very dynamic trade relations with Slovakia, which have steadily increased in the past few years. But we believe there is still an untapped potential and ample opportunities for investment and trade between our countries," - Prime Minister noted.
Giorgi Kvirikashvili also presented the capacities of Georgia and the government's reform agenda. Pursuant to him, the government is following bold reform agenda that aims at reinforcement of the democratic institutions, support to the economic development and the European integration.
"Georgia has always been part of European civilization and I want to emphasize that our path to European integration is irreversible. By signing the Association Agreement with the EU (including the DCFTA) in 2014, we took a major step towards our European goal. We have made steady progress in establishing European regulations and standards in Georgia. We are also pleased to have the steadfast support of Slovakia in pursuing our Euro-Atlantic ambitions," - Prime Minister noted.
According to Giorgi Kvirikashvili, economic policy of Georgia is oriented on free, fair, inclusive and sustainable development. He also outlined the foreign trade policy priorities.
"Georgia has one of the most liberal foreign trade policies in the world that implies facilitated foreign trade regime and customs procedures, low import tariffs and minimal non-tariff regulations. One of our top priorities is diversification of our export through integration into the world's leading markets," - Prime Minister clarified.
In his address Prime Minister of Georgia thoroughly elaborated on the ongoing reforms in Georgia that encompass refinement of the tax legislation and administration; open governance and increased citizen participation in decision-making; acceleration of construction of basic infrastructure; reform of the higher and professional education systems.
"Georgia continues its broad and comprehensive reforms designed to improve further the business environment, create new jobs, enhance export possibilities and increase the welfare of citizens," - Prime Minister declared.
Prime Minister also presented the opportunities offered by the Techno Park of Georgia to the participants of the Forum. Pursuant to him, in the near future Startup Program will become fully operational thus enabling its beneficiaries to acquire funding and implement their business ideas. Prime Minister expressed hope that young persons will not have to queue for employment and will engage in entrepreneurial activities instead.
President of the Slovak republic Andrej Kiska elaborated on the need for deepening Georgian-Slovak relations. Pursuant to him, utilization of the existing potential will be truly beneficial for the both countries.
Within the framework of the Georgian-Slovak Business Forum Memorandum of Understanding between the Georgian National Investment Agency and Slovak Agency for International Development was adopted.

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