The Central Banks of Georgia and the Republic of Korea have launched a joint project to develop non-cash payments

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, July 16 (Xinhua) — The central banks of Georgia and the Republic of Korea (ROK) have officially launched a joint project to develop non-cash payments aimed at modernizing the payment infrastructure and expanding financial inclusion in Georgia, the National Bank of Georgia reported on Tuesday.

A delegation from the Central Bank of Kazakhstan and the Korea Institute of Financial Telecommunications and Clearing /KFTC/ recently visited Georgia on a working visit. During the visit, a cooperation agreement was signed, which provides for the launch of the above-mentioned project.

The parties expressed confidence that cooperation will make a significant contribution to the development of a modern and inclusive payment system, as well as strengthen economic ties between the two countries. –0–

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