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PM: Georgia maintains stable macroeconomic indicators

26 October 2011 [08:45] - TODAY.AZ
It is important that on the backdrop of the poor condition of the world economy and reduction in growth forecasts by many countries, the macroeconomic parameters remain stable, economic growth continues in Georgia, which attracts more foreign investors, Prime Minister of Georgia Nika Gilauri told reporters on Tuesday.

This statement was made at the 14th conference of the Georgian-American Business Council. Gilauri attended the conference with U.S. Ambassador to Georgia John Bass.

According to Gilauri, such conferences and meetings contribute to increasing interest of American business in Georgia and attracting investments.

The U.S. Ambassador John Bass told reporters that Georgian market is progressively developing. Conference will contribute to deepening relations between the two countries, which in turn helps attract investments to Georgia, he said.

"We see a growing number of U.S. companies on the Georgian market. Today, we should discuss a plan of making even larger investments in this country. I believe that Georgia has a very progressive market, the economic and trade relations between Georgia and the U.S. develop more. To achieve this result, we have worked for several years and will continue to work in this regard in the future as well," said John Bass.


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