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Georgia, Singapore discuss expanding trade, transport and tourism cooperation

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As part of Georgian Prime Minister Irakli Kobakhidze’s visit to Singapore, Georgian Economy Minister Mariam Kvrivishvili on Thursday met with Alvin Tan, Singapore’s Minister of State for Trade and Industry, discussing prospects for deepening bilateral trade and economic relations and outlined plans to expand cooperation in several areas, including transport, logistics, and tourism.

The parties emphasised the positive dynamics of bilateral trade, noting that in January-June 2026, trade turnover between Georgia and Singapore increased by 25% compared to the same period last year, while Georgia’s domestic exports to Singapore grew ninefold.

The meeting also highlighted the significant export potential of Georgian wine, alcoholic beverages, mineral water, and pharmaceutical products in the Singaporean market.

The officials discussed the participation of Georgian companies in international exhibitions hosted annually in Singapore, noting that these events provide valuable opportunities for Georgian exporters to establish new business contacts and promote Georgian products.

The meeting also focused on strengthening tourism ties between Georgia and Singapore.

Georgian Deputy Economy Minister Genadi Arveladze also attended the meeting.

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image Georgia is becoming a major business hub - Telegram founder Pavel Durov praises Georgian Government’s business-friendly policies

24.07.2026.19:05

Telegram founder Pavel Durov on Thursday highlighted Georgia’s business-friendly government policies and strong economic growth.

In a social media message, Durov noted that Georgia was becoming a major business hub.

“Very impressed with Georgia.The country is known for its warm people, ancient culture, local food and epic landscapes. But it doesn’t stop there. Thanks to its government’s business-friendly policies, Georgia is becoming a major business hub. The country’s economy doubled in 5 years and is still growing by 8% a year. International tech companies pay 0% corporate tax and just 5% on dividends and salaries. Georgia is seriously underrated as a place to visit and do business. I'll be back very soon!” Durov said.

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