Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Tbilisi, Aug. 21 (Xinhua) — Financial cooperation between China and Georgia will promote the development of bilateral trade, expansion of investment cooperation and implementation of major infrastructure projects, Chinese Ambassador to Georgia Zhou Qian said in an interview with the Georgian business publication Business Press News on Thursday.
Answering a question about the prospects for cooperation between the financial systems of the two countries, the diplomat emphasized that the expanded presence of Chinese banks in Georgia will contribute to the wider use of the Chinese yuan in international settlements, which, in turn, will make bilateral trade and investment activities more convenient and stable.
"Financial cooperation is an important element in strengthening Chinese-Georgian relations. In March of this year, the President of the National Bank of Georgia, Ms. Natia Turnava, visited China, where a historic meeting of the heads of the central banks of the two countries took place, following which a memorandum of cooperation was signed," Zhou Qian emphasized.
In addition, the ambassador spoke about the introduction of Chinese payment platforms in Georgia and noted that if the use of Chinese payment systems Alipay and WeChat Pay becomes possible in this country, “this will increase the interest of Chinese tourists in Georgia.” –0–
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