Envoy invites Malaysians to invest in Georgia

  • Nation
  • Saturday, 23 Jun 2018

KUALA LUMPUR: The Georgian Embassy in Malaysia has lined up several events in a bid to forge closer economic cooperation and to enhance bilateral trade and investment relations between Tbilisi and Putrajaya.

Ambassador Nikoloz Apkhazava said they planned to host an exhibition on Georgia, especially its heritage values and wine-making industry.

Its traditional process of winemaking is on Unesco’s Intangible Cultural Heritage List.

A business forum will also be organised to showcase the vast investment and business potential for Malaysian investors in Georgia, as well as incentives provided by its government for investors.

A memorandum of understanding is expected to be signed between Georgia’s Chamber of Commerce and Malaysia’s Chamber of Com­merce to further boost business ties.

“We would like to launch a policy consultation with the Malaysian Government, especially engaging each other on common issues, as well as high level exchange or visits which is important to boost the relations between Georgia and Malaysia,” Apkhazava said.

The Georgian Minister of Foreign Affairs hoped to visit Malaysia soon. Likewise, its government has invited Malaysian delegations under the leadership of Prime Minister Tun Dr Mahathir Mohamad to visit Georgia.

Asked whether Georgia was keen to have a Free Trade Agreement with Asean, he said: “Yes, but the process should be step-by-step.”

He said the first barrier to overcome is the Treaty of Amity and Cooperation in South-East Asia.

Last September, Georgia applied for the observer member state status at the Asean Inter-Parliamentary Assembly and strives to become a signatory to the treaty. — Bernama

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