Economy
Posted: 1 year ago

Georgia's Tbilisi Silk Road Forum: Bridging East and West in Modern Trade and Diplomacy

Georgia's pivotal role as a transit hub and the broader implications of the Middle Corridor will take center stage at the fourth edition of the "Tbilisi Silk Road" forum, scheduled for October 26-27. This international gathering, of the Georgian Government, finds its collaborators in the Asian Development Bank and garners the overarching sponsorship of the Bank of Georgia.

Established in 2015, the "Tbilisi Silk Road" forum has been a magnet for influential international dignitaries and stakeholders. This year's inaugural panel promises to be a tour de force, featuring prime ministers from Georgia, Armenia, Azerbaijan, and Montenegro, coupled with the vice-president of the Asian Development Bank. They will collectively illuminate the significance of the middle corridor.

A diverse spectrum of 2000 attendees from 60 nations is set to grace the event, encompassing political figureheads, industry magnates, global experts, and emissaries from international organizations. Renowned journalists from esteemed media houses, including BBC and Deutsche Welle, will deftly steer panel discussions.

One of the forum's spotlighted discussions, the TRADE4FUTURE panel, will dive into the metamorphosis of free trade, accentuating the surging relevance of digital trade and the Middle Corridor's emerging role as a bridge between East and West. Keynote insights will be shared by luminaries like Georgia's Deputy Minister of Economy, Gennadi Arveladze, and counterparts from the Czech Republic, BSEC, and the Arab States of the Persian Gulf.

But the discourse isn't limited to just trade. The forum aims to dissect:

  • Transit Dynamics: When juxtaposed with the Northern Corridor that traverses Russia, Georgia stands out as a streamlined, efficient conduit linking Asia and Europe.

  • Investment Landscape: In recent times, Georgia's strategic essence, coupled with its embrace of free-market ethos, has been a magnet for global investments. This influx bolsters local economic progress and simultaneously unfurls vast market potential for international corporations.

  • Tourism Boom: Georgia's allure as a premier regional tourist destination is undeniable, as attested by the uptick in global tourist footfall. This boom not only catalyzes local enterprises but amplifies the nation's investment appeal.

Throughout the forum, myriad dialogues will ensue among global political and business elites, encompassing these topics and more.

Held biennially since 2015, the "Tbilisi Silk Road" forum has been a media darling, both locally and internationally. With its first convening since 2019, there's little doubt that its relevance and global intrigue will only continue to escalate, mirroring the ascending stature of the Middle Corridor.