Foreign Investment: Georgia

(asked on 13th October 2020) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, pursuant to the Answer of 22 September 2020 to Question 91155 on Georgia: Freedom of Expression, what assessment the Government has made of the investment climate in the Republic of Georgia.


Answered by
Ranil Jayawardena Portrait
Ranil Jayawardena
This question was answered on 20th October 2020

Georgia is ranked seventh in the World Bank’s ‘Ease of Doing Business’ index, as she has an open business environment and a strong investment climate.

At the recent United Kingdom-Georgia Wardrop Dialogue, opportunities for British business were identified in areas such as renewable energy, business services and light manufacturing. The Strategic Partnership and Cooperation Agreement between both countries – signed on 21st October 2019 – will allow businesses to continue to trade on preferential terms following its entry into force at the end of the Transition Period.

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