Microsoft has supported the idea of implementing the digital silk road. Memorandum of Cooperation was signed between the Ministry of Finance, Business and Technologies, and Microsoft for promotion of the project.
The document was signed by Special Representative of Georgia to the New Silk Road, Finance Minister Mamuka Bakhtadze, Rector of Business and Technology University Mikheil Batiashvili and Director of Microsoft Georgia Nikoloz Doborjginidze.
Within the framework of the Memorandum, the Parties agree to cooperate in creating a common electronic platform for member states of Silk Road, which will enable producers and suppliers to have access to potential economic partners and to conduct online activities in free competition.
The memorandum envisages creation of a working group that will facilitate the implementation of the project objectives. In addition, the Memorandum will cooperate with both technical and research and intellectual support as well as to increase the involvement of Silk Road Member States, international organizations and donors.
“The idea of digital silk road is that Georgia will become a digital hub for the entire region,” said the Minister of Finance.
The digital silk road project aims at Georgia as a modern silk road epicenter to accelerate the development of the country in a digital direction in order to become the region’s leader and main player in the field of electronic technologies of trade. The Digital Silk Road Project will also assist in the development of this innovative idea of computer science and IT technologies as well as business personnel, students, and startups in the field of business.