Georgian Economy Minister: strategic partnership agreement with Kazakhstan will unconditionally increase trade, economic relations

Georgian Economy Minister Mariam Kvrivishvili on Monday characterised the signing of the strategic partnership agreement with Kazakhstan as a natural evolution of the longstanding and robust cooperation between the two countries.

In her remarks, Kvrivishvili emphasised that this landmark agreement will significantly strengthen bilateral trade and economic ties, particularly by boosting cargo transit volumes between the two nations.

“Based on this agreement, we are confident that exports from Georgia to Kazakhstan will increase, which will contribute to the growth of exports of products manufactured in Georgia. At the same time, within the framework of this agreement, we believe that we will have tangible results, including in terms of increasing cargo flows, in the transport and logistics sector”, she said.

The Minister further added that this agreement would also have very positive, tangible results in terms of increasing tourist flows as well as investments from Kazakhstan.

A strategic partnership agreement was signed between Georgia and Kazakhstan on Monday.

According to the joint declaration, the relations between the two countries are moving to the level of strategic partnership.

The declaration was signed by the Georgian Prime Minister Irakli Kobakhidze and the Kazakh President Kassym-Jomart Tokayev.