Dimitry Kumsishvili Introduced Results of Study on Impact of Free Trade on Bilateral Economic Relations to US Secretary of Commerce

Dimitry Kumsishvili Introduced Results of Study on Impact of Free Trade on Bilateral Economic Relations to US Secretary of Commerce

Dimitry Kumsishvili Introduced Results of Study on Impact of Free Trade on Bilateral Economic Relations to US Secretary of Commerce

The FINANCIAL -- First Vice Prime Minister of Georgia, Minister of Economy and Sustainable Development Dimitry Kumsishvili introduced the results of the study on the impact of the US-Georgia Free Trade Agreement on the bilateral economic relations to the United States Secretary of Commerce, Wilbur Louis Ross.

The study was conducted by the international consultancy company PWC following the request of the Georgian Government. The study reported that the Free Trade Agreement would significantly increase the export value of the both parties, promote investments and facilitate creation of new jobs. Georgian party welcomes the increase of the US investment in the country since it also brings new knowledge and technologies, according to Ministry of Economy and Sustainable Development of Georgia.

The meeting of Dimitry Kumsishvili and Wilbur Louis Ross is the first official meeting held between such high-rank US and Georgian officials of economic sector. First Vice Prime Minister of Georgia, Dimitry Kumsishvili is visiting the USA within the frames of the official visit of the Georgian Government.