Georgian PM Visits Egypt

Georgian Prime Minister Nika Gilauri left for Egypt on January 19, the PM’s press office reported.

During the visit PM Gilauri will meet with Egyptian President Hosni Mubarak, Prime Minister Ahmed Nazif and other officials. 

A Georgian-Egyptian business forum is also planned during the visit, according to the Georgian PM’s press office.

Egypt was the second, after the United Arab Emirates, in the list of countries from where most of the foreign direct investments came to Georgia in January-September, 2009 with USD 71.54 million, according to the Georgian statistics office.

Egypt first appeared in the list in the second quarter of 2009 with USD 45 million and then in the third quarter with USD 70 million – the trend related with Egypt-based home appliances producer company Fresh Electric’s investment plans in Georgia.

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