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Egyptian-Georgian joint commission preparations to resume soon - Daily News Egypt

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Egyptian-Georgian joint commission preparations to resume soon

Georgia has become attractive destination for international businesspersons, including from Middle East, Egypt, says ambassador 

Georgian Ambassador to Egypt Alexander Nalbandov said that the next period will witness resuming the preparation of the Egyptian-Georgian Joint Commission for Economic, Scientific, and Technical Cooperation after it was delayed due to ministers in both governments being replaced.

“The joint commission meeting is in the pipeline and now it is only about the dates, as Egypt has a new government in place, while just a couple of days ago, our Prime Minister Giorgi Kvirikashvili resigned, so the new Georgian government is on its way,” the ambassador told Daily News Egypt on the sidelines of the embassy’s independence day celebrations on Tuesday evening.

“I hope that the joint commission meeting will not be delayed and take place in 2018 as was planned. Our bilateral relationship is excellent, and the joint commission meeting will boost it,” said the ambassador, noting that the preparatory work for the commission’s meeting has gone to a serious extent.

The ambassador added that he will take his home vacation in 10 days, when he can discuss the updates of organising the third round of the Egyptian-Georgian Joint Commission for Economic, Scientific, and Technical Cooperation with Georgian officials.

Noteworthy, Georgia and Egypt are planned to sign a new economic memorandum of understanding during the Egyptian-Georgian Joint Commission for Economic, Scientific, and Technical Cooperation, according to a previous statement from the ambassador in March.

Meanwhile, the ambassador mentioned that Georgia has an open market economy, transparent business climate, and simple legislation, adding that Georgia has become an attractive destination for international businesspersons, including from the Middle East and Egypt.

“Real estate and hospitality, energy, construction, agriculture, transportation, and logistics are very important economic sectors for both Georgian and Egyptian businesspersons,” said the ambassador, noting that investment opportunities are available for everybody and Georgian partners are open for collaboration.

The ambassador added that Georgia has become one of the world’s most attractive tourism destinations, as it received about 6 million tourists in 2017, while the number is expected to reach 8 million in 2018.

“Egypt remains one of the main touristic destinations for Georgians, but we cannot send hundreds of thousands, because the population is only 3.7 million,” said Nalbandov, noting that around 17,000 Georgians visit Egypt annually, especially Sharm El-Sheikh and Hurghada, according to a previous statement in March.

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