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Economy Minister meets Geo-Jade Petroleum Corporation head

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Minister of Economy and Sustainable Development of Georgia Mariam Kvrivishvili, as part of her official visit to the People’s Republic of China, held a meeting with the Chairman of Geo-Jade Petroleum Corporation, Huanlong Chen. The sides discussed prospects for bilateral cooperation.

Kvrivishvili introduced the company’s leadership to Georgia’s business and investment environment.

“During the meeting, particular emphasis was placed on the strategic partnership between Georgia and China. It was also noted that the free trade agreement between the two countries, along with the visa-free regime, further enhances the attractiveness of the Georgian market for investors,” the Ministry of Economy said in a statement.

According to the Ministry, the Chinese side expressed interest in Georgia’s oil and gas sector.

Geo-Jade Petroleum Corporation is a major Chinese oil and gas company with a market capitalization of approximately $1.5 billion and 2P reserves estimated at 1.3 billion barrels of oil equivalent. The company operates in international markets and manages production assets across multiple countries.

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image Georgia's transport sector posts steady growth; we expect country's transit hub status to strengthen further - Deputy Economy Minister

24.04.2026.16:54

“We are doing everything in our power to ensure that Georgia, as a key link in the Middle Corridor, is reliable, predictable, and fast,” said Tamar Ioseliani, Deputy Minister of Economy and Sustainable Development of Georgia.

She explained that cargo turnover at Georgia’s ports follows an upward trajectory. According to Ioseliani, the current figures send a very clear signal that the transport sector in Georgia is sustaining stable and dynamic growth, and, crucially, that this growth has now taken on a systemic character.

“2025 was an exceptionally strong year in terms of cargo turnover, marked by consistently dynamic and stable growth. That momentum has carried through into the first quarter of 2026. During the reporting period, our ports handled in excess of approximately 4.3 million tonnes of cargo, representing a growth of around 15 per cent compared with the same period in the previous year. It is also particularly encouraging that growth in container volumes is being maintained; some 188,000 TEUs were processed, reflecting an increase of approximately 6 per cent. It is worth noting that 2025 was a record-breaking year in this regard, with around 750,000 containers handled, a roughly 8 per cent increase over the year before,” the Deputy Minister noted.

Ioseliani stressed that the government is taking every possible measure to increase cargo flows through Georgia, with a considerable number of infrastructure projects currently underway in support of that goal. She added that the current year has got off to a very strong start in terms of freight volumes, and that, should this momentum be sustained, 2026 as a whole stands to be even more fruitful.

“We expect the growth trend to continue throughout the year, and for Georgia’s position as a regional transit hub to be consolidated still further,” said Tamar Ioseliani.

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