Georgia Ambassador marks his country’s independence day

Georgia Ambassador marks his country’s independence day

KUWAIT: Konstantin Zhgenti, Ambassador of Georgia to the State of Kuwait, released a statement yesterday to mark his country's independence day, which falls today. "The year 2021 marks 103 years of the Democratic Republic of Georgia as well as 30th anniversary of the restoration of independence from the Soviet Union,“ he said in the statement. "On 26 May, 1918 Georgia's independence was declared by the First Meeting of the National Council of Georgia.“

"The diplomatic relations between Georgia and Kuwait, was established in 1992 and the Embassy of Georgia to the State of Kuwait was opened in 2007,“ he pointed out. "Beginning from that period friendly and prosperous Political cooperation is being developed on a bilateral basis in addition to being promoted in the framework of international organizations.

"In the economic field, Georgia and Kuwait have been preparing favorable conditions for investment. This includes the strengthening of the legal basis, in particular relating to issues of double taxation and investment protection as well as the enhancing of commercial relations based on a free trade agreement.

"The Kuwait Fund for Arab Economic Development (KFAED), the Kuwait Investment Authority (KIA) and the Kuwait Chamber of Commerce are main partners and counterparts in the development of