The Ministry of Foreign Affairs hosted the 7th round of political consultations between Georgia and the Republic of Korea on 29 July 2019, in Tbilisi. Deputy Foreign Minister Alexander Khvtisiashvili headed the Georgian delegation while the Korean side was led by Director General of the European Affairs Bureau at the Ministry of Foreign Affairs Jang Kiho.
The sides discussed a broad spectrum of cooperation between the two countries including bilateral political relations, high- and highest-level visits, cooperation within the international organizations, improvement of the bilateral legislative framework and partnership on humanitarian and cultural issues.
The Georgian Deputy Foreign Minister updated the Korean delegation on the difficult humanitarian situation in Georgia’s occupied territories. The Head of the Koran delegation reaffirmed his government’s support for Georgia’s sovereignty and territorial integrity.
Positive appraisal was given to the existing economic relations between the two countries. The sides noted with satisfaction that the number of Korean tourists to Georgia has increased considerably, through the efforts of the foreign ministries and embassies of the two countries. In particular, 7185 Korean tourists arrived in Georgia during the first half of 2019 - 30% higher than the comparable figure for 2018. The flow of Foreign Direct Investments from the Republic of Korea also grew by 74% in 2018. The total amount of FDI exceeded 63 mln USD in 2018, the largest amount of investments being made in the energy sector.
At the end of the consultations, the sides agreed to continue close and fruitful cooperation.
July 30, 2019