Trade Turnover Between Ukraine and Georgia is to Increase to $1 bln

Thursday, June 24, 2021
Trade Turnover Between Ukraine and Georgia is to Increase to $1 bln

On June 23, Georgian president Salome Zurabishvili met with prime minister Denys Shmygal. Representatives discussed the prospects for partnership

During the talks, the representatives paid special attention to improving trade and economic cooperation, implementing joint infrastructure" rel="dofollow">projects, and developing tourism between the countries. At the end of 2020, the volume of trade in goods and services between Ukraine and Georgia increased by 15,6% and amounted to $516,7 million ($612,3 million in 2019), according to the website of the Ukrainian Embassy in Georgia. 

“I am confident that by joint efforts we will bring our economic relations to a qualitatively new level. The trade turnover between our countries has prospects for growth, and we are convinced that it can be increased to $1 billion. This, in particular, will be facilitated by the resumption of the work of the Joint Intergovernmental Ukrainian-Georgian Commission on Economic Cooperation. We agreed with the prime minister of Georgia to hold its next meeting in September 2021,” Shmygal said. 

This visit to Ukraine was the first for Zurabishvili, because the previous one, scheduled for March 2020, was canceled due to the coronavirus. But in July, the Georgian president again expressed her readiness to pay an official visit to Ukraine.

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