FM: Georgia’s economic growth impressive, low corruption opens doors for investors

Georgian Foreign Minister Maka Botchorishvili on Wednesday highlighted the country’s growing role as a key connector between Europe and Asia, emphasising its economic achievements and attractiveness to international investors.

In her address at the ongoing Silk Road Forum in Tbilisi, Botchorishvili noted that as global trade routes shift, Georgia was ready to play a vital role in the development of the Middle Corridor, which she described as essential for both Europe and Asia.

“For centuries, Georgia has connected Europe and Asia. The Black Sea coast has always been a meeting point of different civilizations and cultures, giving Georgia its uniqueness, experience, and distinctive characteristics”, she said.

“Since regaining independence, Georgia has been closely cooperating with the European Union. We have been an EU-associated partner since 2014 and enjoy a deep and comprehensive Free Trade Agreement, which allows us to benefit from free trade. Beyond that, we have built partnerships with various actors - not only our regional neighbors but also other countries around the world. Georgia now has 16 free trade agreements, including with China, the CIS countries, neighboring states, and the United Arab Emirates”, the FM continued.

Botchorishvili further underscored Georgia’s long-standing strategic partnerships with Azerbaijan and Turkey, which she said have enabled key infrastructure and connectivity projects that add substantial value to the Middle Corridor.

She further welcomed the improving relations between Azerbaijan and Armenia, calling it “a positive and promising dynamic for the South Caucasus”.

“The South Caucasus, though small in size, holds global importance - not only for Europe and Asia but also at the world level. We are an open and attractive economy. When we look at Georgia’s data, our economic growth is truly impressive. These figures reflect the structural reforms implemented over decades. Low corruption, an open economy, and low taxes open doors for investors”, the FM noted.

“We are very proud of this and continue to work hard to make Georgia even more attractive for the international community. Developing partnerships is crucial for the future of the Middle Corridor”, Botchorishvili concluded.