Masoud Karbasian at the meeting mentioned that the banking affairs should be prioritized as the most major issue of cooperation between two countries, adding Iran is prepared to open a bank branch in the republic of Georgia.
"Solving banking problems help to develop two countries' commercial and economic relations remarkably", he said. Karbasian went on expressing his gratitude due to the bilateral progressive economic collaboration, stating Iran is ready to cooperate with Georgia in electronic customs exchange, reinsurance, tourism, power exchange and cross-border cultivation.
The official pointed to Iran's collaboration in cross-border cultivation area with some countries, saying we have reached self-efficiency in some agricultural crops and our food rating is positive and also we are prepared for cross-border cultivation in Georgia.
Dimitry Kumsishvili, Deputy Prime Minister and Minister of Economy and Sustainable Development of the Republic of Georgia, in his part said Georgia is prepared to develop its commercial and economic relations with Iran as much as possible.
He expressed his gratitude for holding the meeting, saying since 2015 significant visits have been done between two countries' officials such as Georgian Prime Minister visit with Iranian President and his first vice-president, indicating firm determination between Tehran and Tbilisi to extend their relation in all areas.
Dimitry Kumsishvili referred to 31 weekly flights between two countries in the previous year showing Iran and Georgia's high potential in tourism and trade cooperation.
Deputy Prime Minister and Minister of Economy and Sustainable Development of the Republic of Georgia added capital market and Georgia's stock in comparison with Iran is too small, urging for transferring Iran's experience and employing it to develop Georgian markets.
It is worth noting that based on Iran's customs' data, trade volume between Iran and Georgia was 156 millions and 665 thousand dollars, of which $90.85 mn was Iran's export to Georgia and 65 million and 680 thousand dollars was for Iran's import from Georgia.
