Georgia-Turkey bilateral trade hits record $3 billion – ambassador

The bilateral trade volume between Turkey and Georgia has almost hit a record $3 billion, Georgia’s Ambassador to Ankara George Janjgava told Daily Sabah. 

 

The diplomat said in 2022 Turkey was Georgia’s largest trading partner – according to statistics, trade turnover amounted to $2.81 billion.

 

“In April 2021, a diagonal cumulation mechanism was launched between Georgia, Turkey and the European Union, which will significantly facilitate trilateral trade and stimulate exports to new sectors. The diagonal cumulation mechanism allows the sale of products made in Georgia with Turkish industrial raw materials in the European Union market”, Janjgava told the media.

 

“Additionally, the Georgian market fully opened for high-quality and GMP standard Turkish medicines in January 2022 at the initiative of the Prime Minister of Georgia Irakli Garibashvili,” Janjgava added.