Trade turnover between Russia and Georgia increased by 50% to 2.5 billion in 2022. reported At the Russian Federation Chamber of Commerce and Industry (CCI).
“In addition, a Russian-Georgian business council has been created in the Chamber of Commerce and Industry, which will coordinate the efforts of Russian entrepreneurs to enter the Georgian market,” said Vladimir Padalko, Vice President of the Chamber of Commerce and Industry.
According to him, in the absence of dialogue with Georgia at the government level, the council will help to establish contacts with the business community. This will help strengthen contacts between partners in the two countries.
23 January Iraqili Kobakhidze, head of the ruling Georgian Dream party declarationGeorgia does not supply goods to Russia to circumvent sanctions. At the same time, Kobakhidze drew attention to the statistical data showing that last year the overall growth in exports compared to 2021 was 33%, and exports to the Russian Federation increased by 7%.
Prior to that, in the report of the Georgian National Statistics Service, it was reported that Russia increased its trade with Georgia by one and a half times, or 50%, to $1.7 billion between January and September 2022. It was noted that Russia was the largest trade in Georgia. China ranks third after Turkey. In the first nine months of 2022, Russia’s share in Georgia’s foreign trade was 12.6 percent.