HomeBussinesEconomyTegeta For Business
TourismFinanceHealthcareSport
TechWorldPoliticsEducation
StartupsWEEKENDBusiness AdvisorSociety
CybersecurityOpinionFinancePodcasts
Georgia Economic ForumBusiness Insider Georgia X BusinessBusiness Insider Georgia X TVInsder Podcast
BIG FootballAll VideosOther News
ბიზნეს მედია - Bank of Georgia
flag
AMD 7209.7
-0.0024
flag
AZN 1.5636
-0.0003
flag
CNY 39.299
0.0076
flag
EUR 3.0768
0.0122
flag
GBP 3.5658
0.0144
flag
KZT 54.34
-0.0005
flag
TRY 0.0574
-0.0002
flag
USD 2.6577
-0.0009
news banner

Georgia-China strategic partnership boosts trade, deepens economic cooperation - Georgian Deputy Economy Minister

news image
mbc image

Tamar Ioseliani, Georgia’s Deputy Minister of Economy and Sustainable Development, on Wednesday said that the comprehensive strategic partnership between Georgia and China was significantly strengthening economic ties and contributing to strong growth in trade, exports, and investment.

In her interview with Imedi TV, Ioseliani discussed the economic impact of Georgia’s upgraded strategic partnership with China, highlighting recent trade growth indicators and emphasising the expanding importance of China as one of Georgia’s key economic partners.

She noted that since the launch of the strategic partnership framework in 2023, cooperation has intensified, contributing to the development of national production and overall economic activity.

The Deputy Minister further highlighted that trade turnover between Georgia and China has shown steady growth, increasing by 17% in 2024, 21% in 2025, and 45% in the first months of 2026.

“China holds third place among Georgia’s largest trading partners, and it is important that this direction accounts for an 11.5% share in this process. It is also noteworthy that in terms of export markets, China ranked second in 2024 and 2025. These are truly important indicators that allow us to say that economic relations will deepen even further in the future. We are, of course, actively working in this direction together with our Chinese partners and local businesses”, Ioseliani said.

She also highlighted that Georgia was the first country in the region to sign a free trade agreement with China, describing it as a key step that laid the foundation for the current expansion in economic relations.

Ioseliani noted that, as of January-April 2026, not only did trade turnover between Georgia and China increase by around 45%, but exports also tripled, showing a growth of approximately 194%.

“I believe these indicators give us both the possibility and the right to assume that 2026 will be an unprecedented year of growth in this direction, as will the following years. At the same time, exports excluding re-exports tripled, resulting in approximately 218% growth. This amounts to 77.8 million USD, with its share in total exports reaching about 97%. Of course, these figures confirm that agreements of this type between Georgia and China allow us to deepen trade and economic relations and, accordingly, bring the two countries much closer”, she concluded.

news banner
ნინო ჭანტურია Author

Other News

Economy
image Georgian Economy Minister says Kyrgyzstan-China-Uzbekistan railway project to boost cargo flows through Middle Corridor

12.06.2026.22:34

Georgian Economy Minister Mariam Kvrivishvili on Friday said the planned railway connection between Kyrgyzstan, China and Uzbekistan was a highly significant initiative that would have a direct positive impact on Georgia by increasing cargo volumes along the Middle Corridor and further strengthening the country’s transit role.

Speaking to journalists while assessing the Georgian Government delegation’s visit to Kyrgyzstan, Kvrivishvili noted the Government was actively continuing railway modernisation and the development of the Anaklia deep-sea port to expand Georgia’s cargo-handling capacity.

“We are investing significant resources to ensure Georgia’s cargo throughput capacity increases year by year. We have a major railway modernisation plan aimed at substantially increasing existing cargo capacity in the coming years, while also reducing transit, movement and mobility times”, she said.

Kvrivishvili highlighted the railway project linking Kyrgyzstan, China and Uzbekistan as an important regional initiative.

“It is a very important initiative by Kyrgyzstan, China and Uzbekistan, which will connect the three countries by rail. This will have a directly positive effect on our country, as the route will become part of the broader Middle Corridor framework. Within this initiative, it can be confidently said that cargo volumes along the Middle Corridor are expected to increase significantly from around 2031, and it is important that all countries are prepared for this development”, the Minister concluded.

Georgian Economic Forum

Powered by Business Insider Georgia

Read more
economic forum

Subscribe