PROSPECTS OF COOPERATION BETWEEN CHINA AND GEORGIA IN GLOBAL BUSINESS ENVIRONMENT
PROSPECTS OF COOPERATION BETWEEN CHINA AND GEORGIA IN GLOBAL BUSINESS ENVIRONMENT

Summary/Abstract: In the conditions of globalization process ongoing in the world Georgia develops multilateral business relations with the international community member states. In the recent period Georgia’s economic and political collaboration with china was particularly expanded. China is one of the first countries which has recognized independence of Georgia and made diplomatic relations with the country, thus stimulating further development of historical and cultural, as well as trade and economic relations existing between the two parties. Georgia is the first country in the region with which China has made free trade agreement. This article studies China-Georgian trade and investment cooperation in global environment, analyses development of bilateral cooperation in the sphere of trade in services, considers the mega project proposed by the government of china Belt and Road Initiative and assesses the role of Georgia in both, land and sea components of this project. It underlines that China is one of the main trade partners of Georgia and the trade relationships between two countries have great potential that would provide, together with the other activities, economic growth of the country and improvement of life standards. Article presents the proposals that would contribute to expansion of collaboration between China and Georgia in global business environment.

• Details
• Contents