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Georgia notes importance of Singapore's economic experience

29 July 2013 15:26 (UTC+04:00)
Georgia notes importance of Singapore's economic experience

Georgian President Mikheil Saakashvili said that it is still important for Georgia to familiarize with Singapore's experience in terms of ease of business activity, the Presidential Administration reported.

"Singapore's economic model has become a guarantor of the success of reforms in Georgia, Saakashvili said at a meeting with President of Singapore Tony Tan during his working visit to Singapore on Monday.

The two leaders discussed future relations and the prospects for deepening cooperation. The sides mainly discussed successful economic reforms that have been implemented in Georgia in recent years.

The sides also discussed political issues and stressed the need for close cooperation between the two countries in the framework of the UN and other international organizations.

During the visit, Saakashvili also met with the Minister for State Development Khaw Boon Wan. The sides discussed prospects of relations with economic and investment funds.

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