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Saturday, 22 October 2016


Saakashvili is sure about the future of the Georgian economy

2009-05-18 18:35

Mikheil Saakashvili, the President of Georgia believes that the global financial crisis will produce no negative influence on the Georgian economy, and, moreover, will help it a lot.


At today's meeting with parliamentary majority he said that Georgia must use the crisis to create new Georgian infrastructure.

He said that in summer the construction of Gombori highway, aimed to save time to drive from Tbilisi to Telavi [Kakheti region main city], will be started. Soon starts the construction of a new highway in Mesti district [Svaneti region], and, according to the President, it will mean a bigger flow of tourists to Svaneti.

Saakashvili cheered up wine-growers and wine-makers and said that this year Georgia will be able to export as much wine as it did before the Russia's embargo. "Good prospects of exporting wine to the world market" gave him the basis for that statement.

According to the President, he had a meeting with the chairman of U.S. Senate Committee on Foreign Relations , and the U.S. side started work on signing an agreement on free trade with Georgia. The visit to Jordan opened prospective not only for the inflow of investments, but for the export of Georgian products as well. Georgia became the EU Eastern Partnership member, which means signing an agreement on free trade and simplification of the visa regime.

"One of the positive aspects of the global financial crisis: our foreign-trade balance improved. Export decreases at much slower temps then import, and the negative index of the foreign-trade balance decreases", the president said.


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