Thursday, June 21, 2007

US, Republic of Georgia sign economic agreement

The Republic of Georgia and the United States agreed Wednesday to establish a forum aimed at boosting trade and investment. The deal sets up a council for the two countries to discuss ways to make it easier to do business. Deputy US Trade Representative John Veroneau and Georgian Minister of Economic Development George Arveladze signed the agreement at a ceremony in Washington.

The U.S. says the trade and investment framework agreement will help bolster a close ally in the Caucasus that has been praised for implementing democratic and economic change since the Rose Revolution in 2003. [More]

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