Tbilisi, Georgia: During the 57th Annual Meeting of the Asian Development Bank (ADB) in Tbilisi, Georgia, Japanese Finance Minister Shunichi Suzuki met with Georgian officials to discuss ways to further strengthen the economic partnership between the two countries.
At the beginning of the meeting, Japan’s Finance Minister thanked Georgia’s Prime Minister, Irakli Kobakhidze for hosting the ADB event.
Among the issues discussed were productive cooperation between the two countries in different fields and ways to further expand the partnership.
The officials explored the possibility of organizing a joint Georgian-Japan business forum, which would help foster stronger ties between the business communities of the two countries.
The meeting focused on prospects for further deepening economic linkages, including attracting investment, promoting exports, and developing small and medium-sized businesses.
In this context, the discussion touched upon the possibility of holding a joint Georgian-Japan business forum, which will help strengthen ties between businesses.
This political alignment is seen as an important foundation for advancing the economic partnership.
“Our countries have tremendous potential to further expand cooperation in various fields,” said Minister Suzuki. “I am confident that by working together, we can unlock new opportunities for our businesses and people.”
The ADB‘s annual gathering in Tbilisi has brought together finance ministers and central bank governors from across Asia, providing a valuable platform for bilateral discussions.
In addition to meeting with Georgian officials, Minister Suzuki is also scheduled to participate in a trilateral meeting with his counterparts from South Korea and China, as well as a separate session with ASEAN finance leaders.
The visit comes at a time of heightened market uncertainty, with the Japanese yen experiencing significant depreciation against the US dollar. Suzuki has acknowledged the possibility of currency intervention by Japanese authorities to stabilize the exchange rate’ underscoring the importance of exchange rate stability for the Japanese economy.
