PM: Georgia Welcomes Russian Investments
Georgian Prime Minister Zurab Nogaideli said, in an interview with the news agency Interfax on April 25, that Georgia will take no steps that would restrict the participation of Russian capital in the privatization or investment processes underway in Georgia.
?On the contrary, we will welcome Russian companies to the Georgian market,? Nogaideli said.
He said that the boosting of Russian capital in Georgia can ?facilitate the settlement of bilateral problems.?
The Georgian Prime Minister also stressed that Russian companies are already participating, and will further participate, in the privatization process. ?So, I think, economic relations with Russia are developing positively,? he added.
Zurab Nogaideli also added that trade turnover between Georgia and Russia has increased by 90% since 2003 and has reached an annual mark of USD 362 million. ?Russia is Georgia?s largest trade partner,? he added.
