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Georgia, India to boost economic ties

30 April 2014 12:15 (UTC+04:00)
Georgia, India to boost economic ties

By Jamila Babayeva

The Georgian Chamber of Commerce and the Federation of Indian Chambers of Commerce and Industry signed a memorandum of understanding.

The document was signed at the first meeting of the Georgian-Indian intergovernmental commission on trade, economic, scientific and technological, cultural and educational cooperation, which took place in New Delhi on April 29, the Georgian foreign ministry reported.

Deputy Foreign Minister David Jalagania headed the delegation at this meeting, while Deputy Foreign Minister Dinkar Khullar was a co-chairman from India's side.

The participants stressed that the trade-economic cooperation between Georgia and India is an important lever for further developing the friendship and partnership between the two countries and improving the economic situation of people of both countries.

The parties reached progress on a number of issues of trade-economic cooperation, agreed to promote the development of relations in the fields of energy, agriculture, tourism, transport and communications, information technologies, pharmacy and industry.

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