Review of Azerbaijan-Georgia Business Forum


On June 29, the European Union-Georgia Business Council (EUGBC) in close cooperation with the Embassy of Georgia in the Republic of Azerbaijan, and the Embassy of Azerbaijan in Georgia, as well as with the Export and Investment Promotion Agency of the Republic of Azerbaijan – AZPROMO, ASK (National Confederation of Entrepreneurs (Employers) Organizations of the Republic of Azerbaijan), Chamber of Commerce and Industry of the Republic of Azerbaijan, organized Azerbaijan-Georgia Business Forum in Baku.

General partners of the event were: Georgian Industrial Group, Azersun, Azerbaijan Chamber of Commerce and Industry, Hualing Kutaisi Free Industrial Zone, Prime Marine, and Alat Free Economic Zone. And partners were: Greenville, Universe- Reproductive Medicine Center, Geosilkroad, Rustavi Azot, and Akustiko. The forum was attended by 40 Business company representatives from the Georgian side and 100 from the Azerbaijani side.

The delegation of “Geosilkroad” was at the business forum under the leadership of the Executive Director, Davit Tsirdava. It is remarkable that these types of events are an optimal opportunity to interact with a wide audience and fix our own position, which is constantly productively used by our holding.

During the Business Forum, participant companies from the various fields made presentations, and in addition, addressed the public with a speech, at that time they introduced their activities and future visions to the audience.  For this purpose, the Executive Director of the company “Geosilkroad”  gave extensive and focused speech on various current topics. Attention was focused on the negative economic consequences of the pandemic and the Russia-Ukraine war and future plans.

Also, he reviewed the current world economic challenges, Georgia’s opportunities, and the role of “Geosilkroad” in the background of this all.

The main activity of “Geosilkroad” is attracting diverse investment projects and providing multi-profile consulting services at any stage of its implementation; Subsidiary companies included in the holding offer their partners the single-window concept – receiving the desired services in one space,” he noted.

Davit Tsirdava presented comprehensive information about the holding to the Azerbaijani business partners and expressed readiness for future cooperation. An important and interesting offer was presented to the representatives of the business sector of Azerbaijan, which implies the possibility of implementing various co-investment projects together with “Geosilkroad” and the investment funds of the Gulf countries, including Azerbaijan.

Along with this, the information was provided to the audience on successful, current, and planned projects implemented by “Geosilkroad”. The social projects initiated by the holding were also emphasized, the purpose of which is to strengthen the youth and cultural direction.

The Business Forum ended with significant successful results. A number of aspects of mutual cooperation between the representatives of the business sector of Georgia and Azerbaijan were highlighted and hope for a future solid business partnership with the participants of the forum was expressed.