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Georgian Ambassador Bolsters Trade Ties with India

Feb 21, 2017

MUMAI, INDIA - World Trade Centre (WTC) Mumbai along with the Georgian Consulate Office organized an interactive event in honour of H.E. Mr. Archil Dzuliashvili, Ambassador of Georgia to India on February 21, 2017. H.E. Dzuliashvili said, “As the Father of the Nation Mahatma Gandhi said: ‘The best way to find yourself is to lose yourself in the service of other.’ So, I am here as a serviceman of my country,” 

“From the day I have arrived in India, I have felt that I am in a country of great history, great culture, with the largest democracy and a major economy. It is a nation with a bright future,” Mr. Dzuliashvili added.

Mr. Mahadev Jankar, Minister, Animal Husbandry, Diary Development & Fisheries Department, Government of Maharashtra State, presided over the function and felicitated the Ambassador.

The Embassy of Georgia in India is celebrating the 25th anniversary of the establishment of diplomatic relations between the countries this year. The Georgian Ambassador vowed to intensify consultations and explore possibilities of co-operation with India in the fields of culture, trade and economy and said that Georgia was the 3rd safest country in the world, offering huge investment opportunities in hospitality, real estate, tourism, pharmaceuticals, and food processing sectors, among others.
The Ambassador called Indian companies to use Georgia as a hub for entry into the European market, as the country had signed deep and comprehensive free trade agreements with the European Union. Georgia has also signed free trade agreement with Turkey and several post-Soviet era countries.

Some of the advantages that Georgia offers include no import tariff on 80% of goods, low cost of power, availability of subsidized loans and free land for setting up factories in tax-free industrial zones. The Georgian government also offers single window system for pre-investment and post-investment clearances.

Mr. Satinder S. Ahuja, Hon. Consul General of Georgia in Mumbai, said, “Georgia has a liberal visa regime. Indian manufacturing companies can set up their plants in the minimum time possible, as all administrative clearances are fully integrated across government departments. The country offers tremendous scope for large industrial companies in iron ore, aluminium, steel and other energy intensive sectors, as electricity is cheaply available.”

Mr. Vijay Kalantri, Vice Chairman, World Trade Centre, said, “Georgia is a potential hub for India’s trade with the European Union. The country offers huge opportunity for entertainment industry due to its scenic beauties. The country has a liberal visa regime as it offers visa on arrival for foreigners holding visas of the USA, UK, EU and Shenzhen. Today, the bilateral trade between both the countries stand at USD 107 million and I expect it to grow higher and faster in the next five years.”

In Photo From (L-R): Mr. Satinder S. Ahuja, Mr. Mahadev Jankar, H.E. Mr. Archil Dzuliashvili and Mr. Vijay Kalantri, stacking hands toward strengthening Indo-Georgian trade ties.

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