**Georgia and China Strengthen Business Ties with Historic Memorandum Signing**
On April 17, 2025, the Biltmore Hotel in Tbilisi played host to a significant event for Georgia-China relations. The Georgia-China Regional Cooperation (GCRC) Association held an official signing ceremony, marking a new era of cooperation between the business sectors of both countries. Two crucial memorandums were signed with the Ministry of Economy and Sustainable Development of Georgia and the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME).
**Deeper Cooperation Expected**
The memorandums aim to foster deeper understanding and collaboration between Georgian and Chinese businesses. They focus on developing bilateral trade relations, promoting joint projects, participating in international exhibitions, and encouraging investment. These agreements lay the groundwork for a strong partnership between the public and private sectors of both countries.
**Business Community Involved**
As part of the event, a meeting was held with representatives from the business sector interested in cooperating with China. The meeting followed a Q&A format, where participants shared their views, interests, and needs regarding specific projects, partnership models, and financial support. This initiative demonstrates GCRC’s commitment to supporting individual companies in initiating and developing successful cooperation.
**GCRC: A Key Platform for Georgian-Chinese Partnerships**
The Georgia-China Regional Cooperation Association serves as a key platform for establishing partnerships between Georgian and Chinese businesses. It provides member organizations with prompt consultations, reliable partner identification, and effective communication through its representative offices in Shanghai, Beijing, and Shandong Province. The organization has already established partnerships with financial institutions – BasisBank and BB Leasing – which support the financial backing and practical implementation of Georgian-Chinese projects.
**GCRC Chairman’s Statement**
In a statement, GCRC Chairman Vakhtang Chakhnashvili emphasized the importance of the signed memorandums: “The signing of these two memorandums is an important step toward our goal: to strengthen regional business partnerships. We believe that the synergy of government support, business networks, and financial tools creates an optimal environment for long-term cooperation and mutual success.”
**Industry Representatives Attend**
The event was attended by representatives from various sectors, including agriculture, manufacturing, construction, trade, industry, healthcare, automotive, and others. The meeting aimed to introduce the Association’s activities and strategic directions, emphasize the significance of the signed memorandums, and discuss prospects for future collaboration.
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