Prime Minister of Georgia Mamuka Bakhtadze talked about the transit and trade potential of Georgia during his speech at the opening of the Economic Forum in Nur-Sultan, Kazakhstan’s capital.

“We have several other trade deals being negotiated as I speak here in front of you my friends and we are determined to keep this pace. It would have been otherwise impossible in this rapidly changing world. On this path we pay special attention to strengthening transit infrastructure of the country and we are developing not only traditional infrastructures such as Roads and Highways, but also are adding additional capacities to our Railway and are constructing a deep sea port on the western bank of Black Sea,” – the Prime Minister of Georgia underlined.

The Head of Government singled out Georgia’s crucially important reforms that turn the country into a vibrant economy on the rise.

“Georgia is N6 in World Banks Ease of Doing business ranking, we are N16 in Heritage Foundation’s Economic Freedom Index, to continue Georgia is ranked as 3rd lowest tax burden countries according to World Bank. Moreover, International Monetary Fund projected Georgia’s economic growth in medium term highest in the region. What we achieved with this kind of policy is the all-time high export volumes and in just recent years we managed to decrease our current account deficit from 13.2% to 6.8%,” Mamuka Bakhtadze stated.

The Prime Minister also referred to the achievements and plans in the direction of tourism.

The ongoing 2019 Astana Economic Forum in Nur-Sultan, Inspiring Growth: People, Cities, Economies, brings together Heads of State and Government, leadership of international financial institutions, global thinkers, prominent experts, and celebrated leaders of the field, who, in the course of two days, will discuss global economy’s challenges, trends, and opportunities.