Successful conclusion of the intergovernmental negotiations on development cooperation between Georgia and Germany and agreement on important milestones for further cooperation

Published in Politics
Tuesday, 09 November 2021 14:14

At the conclusion of the intergovernmental negotiations on 4 November 2021 in Tbilisi, the protocol was signed jointly by Deputy Minister Ekaterine Guntsadze and the German Head of Delegation Santiago Alonso-Rodriguez. With this, Germany commits to further support Georgia, especially in the areas of vocational training, promotion of the private sector, energy and energy efficiency, sustainable urban development and good governance, the embassy of Germany reports about it.

The very good cooperation between Germany and Georgia in development cooperation has already existed for almost 30 years. During this time, Germany has supported Georgia with a total of more than 1.3 billion euros in the area of financial cooperation alone.

Intergovernmental negotiations take place every two years between Germany and Georgia. Since the last negotiations in 2019, the total funding amounts to approximately 188 million euros. Of this, 53 million euros are only grant funds. In addition, there is regional cooperation amounting to almost 76 million euros in grants, from which Georgia benefits for the most part.

Particularly noteworthy is the funding in the area of vocational training. Here Germany is providing grant funds in an unusual amount of EUR 24 million for the construction of centres of excellence via the German government’s KfW. Germany is already financing the construction of a centre of excellence in Tbilisi in the field of construction and logistics. The other two centres of excellence are to be located in the wine and tourism sectors in particular and are to become flagships for dual vocational training. The support that the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) has been providing for many years in the field of wine and tourism and beyond is also to be put to good use through the centres.

Immediately after the government negotiations, further documents on financial cooperation were signed in a festive ceremony:

Thus, in the field of biodiversity and sustainable local development, an agreement on a grant amounting to 5.24 million euros was signed by Ambassador Hubert Knirsch and Finance Minister Lasha Khutsishvili. This will enable the implementation of a biodiversity conservation project worth around 24 million euros.

This green package is rounded off by very special funding for the entire South Caucasus region in the amount of 40 million euros in grant funds for nature conservation in the South Caucasus through the Caucasus Nature Fund (CNF). Thanks to this funding, 12 existing protected areas are going to receive continued support in Georgia alone, and more will be added, as the establishment of up to five new protected areas is currently in the planning stage. A contract to this effect was signed last week by Ms. Birgit Holderied-Kreß, KfW's Head of Office, and Mr. Tobias Münchmeyer, Managing Director of the Caucasus Nature Fund (CNF).

In the central area of German-Georgian cooperation "energy", too, a more in-depth cooperation was agreed, building on the existing portfolio, with the elaboration of a pilot project in another innovative field: green hydrogen. With the signing of a memorandum of understanding between KfW and the Georgian Ministry of Economy, the path of a pilot project was taken into concrete planning. In addition, an agreement was signed to implement an energy efficiency programme in public school buildings.

The next intergovernmental negotiations will take place in Berlin in 2023.

Business News

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...

Visa free regime to impose for 15 February

Visa free regime to impose for 15 February

The visa regime imposed by Georgia to Iran has been cancelled for 15 February,” -the Deputy Ambassad...

Session of Economic Council was held under the leadership of Prime Minister

Session of Economic Council was held under the leadership of Prime Minister

Plan of acceleration of infrastructural projects, financial support scheme for startups and activiti...

MOST READ

« October 2022 »
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