A three-part package of economic cooperation initiatives signed recently by Georgia and the United States underscores the strong economic ties between the two countries and Georgia's steady economic progress since its "Rose Revolution" of 2003, US officials say.
On June 21, the United States and Georgia signed an "open skies" cooperation agreement expanding and liberalizing bilateral civil aviation relations. The same day, the US Trade and Development Agency granted Georgia almost half a million dollars to develop the Georgian tourism sector. On June 20, both countries signed a Trade and Investment Framework Agreement (TIFA) that establishes a platform for expanding bilateral trade and investment relations. [More]
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