Austrian President says economic relations with Georgia are good nowadays, but they have “great potential to be intensified”.

In his opening remarks at the Austria-Georgia business forum held in Vienna, Alexander van der Bellen also said that after the difficulties caused by COVID-19, the Georgian economy “has picked up speed again very quickly and already recorder growth of 12% in the first half of 2021”.

Georgian President added that the business forum is the sign of “already successful cooperation” between Georgia and Austria but also the signal of “what has to come” in their relations.

“We have enjoyed successful partnership in different fields, and before the pandemic there was also a positive trend in trade between the two countries. Georgia continues to offer favorable tax environment, competitive labor force, and its strategic and geographic location coupled with multiple free trade agreements”, - said Salome Zourabichvili.