Business
Posted: 1 week ago

Georgian Entrepreneurs Travel to Germany under the Fit for Partnership program

A Memorandum of Understanding about the start of the Fit for Partnership Managerial Qualifications Program was signed by Hubert Knirsch, Ambassador of the Republic of Germany to Georgia, and Genadi Arveladze, Deputy Minister of Economy and Sustainable Development. The Ministry of Economy disseminates the information.

The training program Fit for Partnership in Georgia is organized by the German Federal Ministry of Economy and Climate Impact (BMWK) and the German Society for International Cooperation GIZ and has been implemented since 2016.

The program focuses on developing international trade opportunities for small and medium-sized businesses and is of particular importance in the context of the EU-Georgia Association Agreement, including the Deep and Comprehensive Free Trade Area. About 150 people have already taken part in it. More than 20 Georgian entrepreneurs will leave for Germany within the framework of this year's program.

As Genadi Arveladze noted, Germany has been one of Georgia's largest trade and investment partners for years. The Fit for Partnership program is an opportunity for local entrepreneurs to bring their products to the EU's 500 million markets. At the same time, thanks to the program, Georgian business has the opportunity to establish business relations and long-term partnerships with German companies, to get acquainted with the best practices of German business.

"Getting acquainted with the German business culture, as well as developing international business relations and negotiation skills is crucial for our small and medium-sized businesses. Our goal is to further strengthen cooperation within the framework of the program, which will further strengthen the business ties between Georgian and German companies," - said the Deputy Minister of Economy.

According to him, the Federal Republic of Germany is Georgia's important and reliable partner on the path of its European aspiration and integration.

"Over the years, Germany has held a leading position in terms of development cooperation between Georgia's partner countries and has played a major role in the country's institutional building, for which we are grateful to the German state," Genadi Arveladze said.