[vc_row][vc_column][vc_column_text]
“Government of Georgia has signed an air service agreement with the Indian Ministry of Civil Aviation to connect six Indian cities with the country. Soon, we would meet Indian airline companies to launch flight services between both the countries,” said Mr Archil Dzuliashvili, Ambassador of Georgia to India, during a meeting with All India Association of Industries and World Trade Centre Mumbai.
The Ambassador also informed that India-Georgia economic relationship will expand manifold in the near future as both the countries are conducting feasibility study to sign free trade agreement (FTA). “Within six months, the report of the study would be ready and we would launch formal negotiation for the agreement. Georgia already has an FTA with the European Union and it has initiated discussion on FTAs with USA and Canada,” the Ambassador added.
Indian companies can invest in Georgia and make it a gateway for their entry into European Union. Georgia is located at the crossroads of Western Asia and Eastern Europe. It is establishing rail / road connectivity with Bulgaria, Romania and other neighbouring countries in the Black Sea. Countries in the Black Sea region are emerging destinations for trade and investment to make Georgia an international trading hub.
Earlier in his opening remarks, Mr Vijay Kalantri, President, All India Association of Industries and Vice-Chairman, World Trade Centre Mumbai, said, “Currently, the annual bilateral trade between India and Georgia stands at $ 107 million and I expect it to grow higher and faster in the next five years. In order to enhance the trade ties between both the countries, World Trade Centre Mumbai would lead a 30-member business delegation representing sectors such as food processing, pharmaceuticals, hospitality, real estate, solar energy, tourism, healthcare, shipping and logistics, tea and entertainment to Georgia in September 2017.”
[/vc_column_text][/vc_column][/vc_row]
