“Today, Georgia’s strategic location and the unique potential of the Middle Corridor are gaining increasing importance. In recent years, cargo turnover and economic activity within the Middle Corridor have experienced unprecedented growth," stated Shalva Papuashvili, Speaker of the Parliament of Georgia, during his speech at the official opening of the Tbilisi Finance Summit, APA reports.
This trend clearly demonstrates that our region has become a vital trade artery, opening new opportunities for the economies of Europe and Asia.
However, adoption and enhancement of modern financial services are crucial for growth in trade and infrastructure. Innovative tax systems, financial technologies, and a stable financial sector are the foundations that make the Middle Corridor not only the most efficient transport and trade route but also a burgeoning financial hub.
Georgia is making significant strides in this direction. Creating an environment conducive to technological innovation and aligning our financial sector’s regulatory framework with international best practices remain priorities for our country,” explained Shalva Papuashvili.
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