Economy
Posted: 3 years ago

Georgian Grocery Store to Open in Belarus and Tractors to be Jointly Assembled in Georgia

Georgian grocery store will be opened in Belarus and tractors will be assembled at a joint venture that will operate in Georgia. It was announced at a meeting of Mamuka Bakhtadze, Prime Minister of Georgia with Mikhail Rusy, Deputy Prime Minister of Belarus today.

Joint production of elevators for residential blocks is also under consideration, along with a cooperation in the sector of transportation. Namely ferry transfer has a development prospect, along with a transit of cargo originating in Belarus through Ukraine and Georgia. Need of specific steps to be made for the development of logistics was underlined at the meeting. Head of Government of Georgia instructed the cabinet to discuss and agree ways on improving the logistics with the Belarussian colleagues within a Work Group format to significantly increase the bilateral trade.

Belarussian side is also interested in incorporating a joint venture to assemble tractors in Georgia. It was agreed at the meeting today that relevant partners will be solicited with support of the Ministry of Economy and Sustainable Development of Georgia.

Deputy Prime Minister of Belarus also expressed readiness to have Belarussian manufacturers bid in tenders announced for the substitution of municipal busses in Tbilisi and Batumi, along with a keen interest in providing elevators with any specific configuration to an interested buyer at the Georgian market.

It was also agreed at the meeting that Belarussian side will work on the allocation of a special place in Minsk for a Georgian grocery store with a concept of AgroHub.