The 18th meeting of the Investors Council

19 Oct 2022

The 18th meeting of the Investors Council chaired by the Prime Minister Irakli Garibashvili was held at the Government Administration on October 19, 2022.

The meeting commenced with the opening speech by the Prime Minister, followed by welcome speeches by the UK Ambassador to Georgia, H.E. Mark Clayton and the EBRD Regional Director for the Caucasus, Ms. Catarina Bjorlin Hansen. The Head of the Investors Council Secretariat, Mr. Giorgi Cherkezishvili provided updates regarding the ICS activities, as well as informed the Investors Council’s members about the bid opening for the rotating membership of the Investors Council.

The main topics of the 18th meeting included the formation of the new framework of investment laws, the update of the FDI strategy - technical assistance to “Enterprise Georgia”, further development of the insurance sector in Georgia, the ongoing pension reform, the issues of the labor legislation and the internationalization of the Georgian education system.

The members of the Investors Council also discussed the perspectives of development of different sectors, which will serve to improve the overall investment climate in Georgia.