Giorgi Cherkezishvili, Head of Secretariat at Investors Council Georgia, took part in the Regional Trade Finance & Factoring Conference on Navigating Trade Finance: Building Awareness for Accessibility in Tbilisi. He contributed to the panel discussion on Draft Law on Factoring & Its Market Impact, moderated by Milot Ahma (EBRD), alongside esteemed panelists:
- Mr. Hayk Malkhasyan, Esq. – Senior Legal Adviser of IC Armenia
- Mr. Aleksandre Cheishvili – Head of Legal Support Group to Corporate Business, TBC
During the discussion, Giorgi Cherkezishvili emphasized:
“Factoring plays a key role in providing liquidity to businesses, and with the upcoming adoption of legal framework, we anticipate significant benefits for SMEs and corporates alike. Ensuring that businesses in Georgia have access to modern trade finance solutions is essential for fostering economic growth.”
The Investors Council has been actively working on factoring reform to facilitate its adoption and bring the reform into force, aiming to enhance financial accessibility for businesses in Georgia.
The conference, hosted by the EBRD Trade Facilitation Programme, FCI, and the International Chamber of Commerce in Georgia, brought together financial institutions and trade finance professionals to discuss strategies for enhancing accessibility and efficiency in trade finance and factoring.
