Minister of Economy meets Chairman of BAIC International

Georgian Minister of Economy and Sustainable Development Mariam Kvrivishvili met Chairman of BAIC International (Beijing Automotive International Development Co., Ltd.), Fu Jun at the company’s head office.

According to the Ministry of Economy, the Minister presented a study, commissioned by the Georgian Economic Development Corporation, on the feasibility of establishing an electric vehicle manufacturing plant in the country, and highlighted prospects for cooperation with BAIC International.

The meeting focused on the potential for exporting electric vehicles, including to European markets within the Free Trade Agreement.

The parties agreed that the Chinese Company would send a working group to Georgia. BAIC International representatives focused on the company’s development strategy and expansion of its geographic area.

Deputy Economy Ministers Irakli Nadareishvili, Tamar Ioseliani and Gennady Arveladze attended the meeting.