Yerevan hosted the 14th session of the Armenia-Georgia Intergovernmental Commission for Economic Cooperation on January 30, the Armenian PM press office reports. 

The 14th Intergovernmental Commission on Economic Cooperation session between Armenia and Georgia was held under the chairmanship of Armenian PM Nikol Pashinyan and Georgian Prime Minister Irakli Kobakhidze. The meeting focused on deepening bilateral relations, economic cooperation, and regional stability.

Before the session, Pashinyan and Kobakhidze held a private meeting to discuss key cooperation issues and regional developments. In his opening remarks, Pashinyan reaffirmed Armenia's commitment to strengthening ties with Georgia, emphasizing that the strategic partnership declaration signed in Tbilisi on January 26, 2024, serves as a foundation for expanded cooperation.

He stressed that Armenia and Georgia fully respect each other’s territorial integrity and share a commitment to regional peace and stability. Highlighting the “Crossroads of Peace” project, Pashinyan noted Georgia’s crucial role in regional economic connectivity, underlining the initiative’s potential to bring tangible benefits to both countries.

Both leaders emphasized the importance of trade and economic collaboration. Pashinyan acknowledged a recent decrease in trade turnover between Armenia and Georgia but expressed confidence that through joint efforts, the two countries would not only restore previous levels but achieve further growth. He called for simplifying customs and border regulations to facilitate trade and transportation.

Georgian PM Kobakhidze highlighted the 40% increase in Armenian investments in Georgia and pledged to create an even more attractive business and investment environment. He also noted that around 1 million Armenian tourists visited Georgia in the past year, making Armenia one of Georgia's most significant sources of inbound tourism.

During the session, both sides discussed cooperation in infrastructure, energy, transport, tourism, agriculture, education, and environmental protection. The leaders agreed to continue developing joint initiatives to enhance regional connectivity and trade relations.

Kobakhidze emphasized Georgia’s commitment to regional stability and peace, reaffirming support for Armenia’s sovereignty and territorial integrity. He also noted Georgia’s efforts to promote joint tourism packages and increase awareness of the South Caucasus region as a key destination.

Following the discussions, Nikol Pashinyan and Irakli Kobakhidze signed the session’s minutes, formalizing agreements on economic cooperation and joint projects.