The Minister of Economy and
Sustainable Development, Natia Turnava, held an online meeting with the
Minister of Environment of the Republic of Korea, Cho Myung-rae.
According to the Ministry of Economy, the Ministers hails the economic cooperation between the two countries and highlighted the growing dynamics in both bilateral trade and cooperation in the field of tourism. The Minister notes that in 2019 the number of visitors from Korea increased by 25 percent.
The ministers raised the issue of cooperation in the field of energy between the two countries.
“Georgia gains popularity as an attractive market among Korean investors. Up to 80 companies are operating in Georgia’s various sectors with Korean capital. The largest energy projects in Georgia Nenskra Hydropower Plant is implemented by a large Korean company K-Water” – Minister of Economy said after the meeting.
Turnava adds that Nenskra HPP is a strategic project aimed at increasing Georgia’s energy independence and energy security.