Memorandum of understanding between the Business Association of Georgia and the Eastern Europe Business Association of Germany

23 Oct '17

A Georgian-German Business Forum was held on October 20, in Hamburg, Germany, with over 50 Georgian and German companies participating.

In the framework of the Georgian-German Business Forum, a memorandum of understanding was signed between the Business Association of Georgia and the Eastern Europe Business Association of Germany.

The Forum was opened by Mirco Nowak, Chairman of the Committee for Eastern Europe, Hamburg Chamber of Commerce; Giorgi Cherkezishvili, Deputy of the Minister of Economy and Sustainable Development of Georgia; Andreas Rieckhof, Secretary of State in the Ministry of Economic Affairs, Transport and Innovation of the City of Hamburg; and Christoph Freytag, Member of Supervisory Board, ProCredit Bank.

As the participants of the forum stated the forum was very important for German business circles to get acquainted with the business environment and possibilities in Georgia, for deepening trade-economic relations and the convergence of Georgian-German business sector.