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Economic Ties of Georgia with Central Asian Countries and Future Cooperation Perspectives

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Economic Ties of Georgia with Central Asian Countries and Future Cooperation Perspectives


Davit Shatakishvili



Davit Shatakishvili "Economic Ties of Georgia with Central Asian Countries and Future Cooperation Perspectives" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6, October 2021, pp.305-314, URL: https://www.ijtsrd.com/papers/ijtsrd46396.pdf

Central Asia is decisively one of the most significant regions in the world that makes a valuable contribution to Eurasian economic cooperation. The region is affluent with natural and energy resources that arouse the interest and desire for collaboration among the neighbors and generally, rest of the world. Georgia and the Central Asian republics are connected by historical liaison, starting from the ancient Silk Road. Although the multilateral relations have improved significantly over the years, much remains to be undertaken. For this region, Georgia is a gateway to connect with the Western world. On the other hand, Central Asia is also in Georgian interest, that allows the country to be involved in regional transportation projects, as well as increase its access to Asian markets. The aim of the following paper is to analyze economic relationships between Georgia and Central Asian countries in terms of foreign trade, tourism, foreign direct investments and remittances, detailed by countries. Additionally, the study pays attention to future collaboration perspectives and priority areas between the countries. This incorporates the partnership in such strategic spheres, as trade, energy, transport, tourism and infrastructure. The analysis of these issues is crucial since the economic intimacies between the given countries will contribute to deepening cooperation between the nations of the region and push Eurasian economic cooperation ahead.

Central Asia, Georgia, Trading, FDI, Tourism


IJTSRD46396
Volume-5 | Issue-6, October 2021
305-314
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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