Levan Davitashvili, First Deputy Prime Minister and Minister of Economy and Sustainable Development of Georgia, presented the country’s investment opportunities to UK business leaders at the Georgian Investment Forum held in London.

In his opening remarks, Davitashvili expressed gratitude for the UK’s continued interest in Georgia’s investment landscape. He emphasized the enduring strategic partnership between the two nations, highlighting cooperation not only in politics but also in trade and economic development.

“Georgia is a bridge between Europe and Asia, East and West. Our strategic location along key trade routes, including the vital Middle Corridor, positions us as a natural hub for business, logistics, and energy. We are capitalizing on this by fostering a reliable investment climate, strengthening legal and financial infrastructure, and protecting investor rights,” he stated.

Davitashvili outlined Georgia’s economic growth, key development indicators, and sectoral opportunities for UK investors. He noted the successful transition from the EU-Georgia Association Agreement to the Strategic Partnership and Cooperation Agreement with the UK, in force since January 2021. This agreement includes a Deep and Comprehensive Free Trade Agreement.

“In 2024, bilateral trade reached USD 170 million, with continued growth in early 2025. The UK has become one of Georgia’s top investors, with nearly USD 450 million in investment—a 23% increase over the previous year—mainly in the financial and insurance sectors,” he added.

This was the third time London hosted the Georgian Investment Forum, but for the first time, it was held at the prestigious London Stock Exchange. The forum brought together over 180 participants from UK investment firms, reflecting the growing interest in Georgia’s market.

“Despite global economic challenges and regional tensions, Georgia’s economy has shown resilience and consistent growth. Following years of double-digit expansion, preliminary estimates indicate 9.4% growth in 2024 and 9.3% in the first quarter of 2025. The number of UK visitors also reached 32,372 in 2024, and the resumption of direct flights from March 31 is expected to further strengthen tourism and economic ties,” Davitashvili said.

Davitashvili also underscored Georgia’s role as a strategic corridor between East and West, highlighting key infrastructure projects including the Anaklia deep-sea port, the Black Sea submarine cable connecting Georgia to Europe’s energy grid, the modernization of the railway network, and the construction of the East-West Highway.

“Georgia is quickly emerging as a hub for digital technologies and innovation,” he said, citing the rise of IT and business process outsourcing firms as a sign of the country’s growing competitiveness.

Highlighting economic ties with the UK, Davitashvili welcomed the return of British Airways to the Georgian market.

A dedicated session during the forum highlighted investment support programs available to UK businesses operating in Georgia.

“Holding the forum at the London Stock Exchange is particularly meaningful. As one of the world’s financial centers, London is a key partner for Georgia. Engaging directly with qualified investors here is vital for promoting Georgia’s economic potential,” Davitashvili noted.

The Georgian delegation, led by Davitashvili, included heads of economic agencies and private sector representatives.