First Vice PM discusses new cooperation memo with U.S. Commerce Department
First Vice Prime Minister and Minister of Economy and Sustainable Development Levan Davitashvili met with Ashok Pinto, U.S. Assistant Secretary for Global Markets, to explore opportunities for enhancing trade and economic cooperation between Georgia and the United States.
The meeting took place during Davitashvili’s official visit to the United States. According to the Ministry of Economy, discussions focused on a constructive agenda for economic collaboration, both bilaterally and regionally. The participants explored initiatives designed to strengthen trade relations and broaden cooperation across multiple sectors.
“We discussed initiatives of mutual interest, particularly those that advance trade relations. Georgia is not just a consumer market for American products. It is a strategic trade hub. U.S. goods can reach Central Asia, the South Caucasus, and beyond through re-exports. Likewise, the U.S. presents significant opportunities for Georgian exports,” Davitashvili stated.
During the meeting, the Georgian delegation proposed signing a new memorandum to enhance bilateral economic cooperation. This framework would outline joint initiatives and engage the private sector in its implementation.
Davitashvili also announced plans for a Georgian business delegation to visit the U.S. this year to explore investment opportunities, with the U.S. Department of Commerce set to host Georgian companies during the visit. Additionally, an American trade mission is slated to visit Georgia in September, with active participation from the Georgian Ministry of Economy.
The discussion also covered potential collaboration in key areas such as transport, logistics, energy, technology, innovation, and startups.
“These are the sectors where we aim to develop concrete action plans,” Davitashvili emphasized.
As part of his U.S. visit, the First Vice Prime Minister has engaged in high-level meetings with the U.S. State Department, Treasury Department, International Monetary Fund, and World Bank officials.