Georgian PM holds virtual meeting with EBRD President
Georgian PM holds virtual meeting with EBRD President

Georgian Prime Minister Irakli Garibashvili has held an online meeting with President of the European Bank for Reconstruction and Development (EBRD), Odile Renaud-Basso, today.

Dignitaries spoke about the successful cooperation and avenues of future interaction between Georgia and EBRD, the government’s press office reported.

The Head of Government of Georgia noted that EBRD is not only a loyal partner of Georgia, but has had a great contribution in the democratic development of the country. Most significant role of the EBRD in addressing the difficulties witnessed in the post-pandemic period was noted at the meeting.

The parties also discussed the specific directions of sectoral cooperation, including the energy security and energy independence of the country, projects of regional importance aimed at the increase of power energy generation through exclusive green/renewable sources, Black Sea connectivity, various infrastructure projects, economic and structural reforms, strengthened role of the private sector, human capital and other.

The Prime Minister expressed hopes towards continuing the existing fruitful cooperation. It was noted that support of the EBRD is priceless in the funding of priority areas of the country.

EBRD has so far invested over 4.9 billion Euros through 270 projects in Georgia, out of which a lion’s share is concentrated in the private sector of the country. Georgia is one of the largest beneficiaries of the EBRD.