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Georgia initiates economic union of Caucasus republics

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  • Georgia initiates economic union of Caucasus republics

    Georgia initiates economic union of Caucasus republics - Armenian report

    Arminfo
    2 Dec 04

    YEREVAN

    "At present, there are certain business relations between the
    Armenian, Azerbaijani and Turkish sides, and Armenia, on its side,
    agrees to consolidate these relations within the framework of an
    economic organization," Armenian Prime Minister Andranik Markaryan
    told reporters after the first sitting of the Armenian-Georgian
    business association in Yerevan today.

    The prime minister spoke highly about the level of the
    Armenian-Georgian economic relations. He particularly said that
    Georgia had submitted to Armenia a list of its enterprises which could
    be privatized with Armenian investments.

    The establishment of a similar Georgian-Azerbaijani business
    association will be the next phase to form a single Caucasian business
    space, Georgian MP Beso Jugheli told the sitting. After that, Georgia
    is planning to set up a tripartite Armenia-Georgia-Azerbaijan
    association on the basis of the two associations.

    The Georgian MP thinks that this will allow to form a single economic
    space and a single consumer market with 15m residents in the
    Caucasus. "This is our major dream, and business circles should be one
    jump ahead of politicians," Jugheli said.

    [Passage omitted: Georgian president's message to the sitting; other
    details]

    From: Emil Lazarian | Ararat NewsPress
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