Georgian PM, European Investment Bank Vice President discuss expanding cooperation
The meeting also highlighted “positive indicators” of Georgia's economic growth. Photo: Goverment Administration
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Expansion of cooperation between Georgia and the European Investment Bank was discussed on Thursday by the Georgian Prime Minister Irakli Kobakhidze and Teresa Czerwińska, the Vice President of the institution.
The parties noted the importance of EIB's support for the promotion of the country's development, especially in large infrastructure projects and the transport sector, the Government Administration said.
The Georgian PM thanked the EIB Vice President for the assistance provided to the country in the implementation of “strategic projects”.
On her part, Czerwińska expressed readiness for the EIB, as a financial institution of the European Union, to continue supporting Georgia in “various directions”.
The meeting also highlighted “positive indicators” of Georgia's economic growth.
Since the beginning of operations in Georgia, the EIB has invested €1.6 billion in projects in the country, the Administration said.
Georgian Prime Minister Irakli Kobakhidze and Bertrand Walckenaer, the Deputy Chief Executive Officer of the French Development Agency, on Thursday reviewed prospects of future cooperation facilitated by the partnership agreement signed between the country and the AFD.
Irakli Kobakhidze, the Prime Minister of Georgia, on Thursday discussed “fruitful cooperation” with the World Bank over the past three decades with Eugene Rhuggenaath, the Executive Director of the global body.
Georgian Finance Minister Lasha Khutsishvili on Friday met Bo Li, the Deputy Managing Director of the International Monetary Fund, and Teresa Czerwińska, the Vice President of the European Investment Bank, in the United States to review cooperation with the institutions.
Economic questions and cooperation between Georgia and the International Monetary Fund were discussed on Thursday between Lasha Khutsishvili, the Georgian Finance Minister and Vitor Gaspar, the Director of the Fiscal Affairs Department of the IMF.