Press Releases

On June 23 (same day local time), the Government of Japan notified the completion of the internal procedures necessary for the entry into force of the “Agreement between Japan and Georgia for the Liberalisation, Promotion and Protection of Investment” (Japan-Georgia Investment Agreement) (signed on January 29, 2021) (English (PDF) / Japanese (PDF)) in Tbilisi, Georgia. On the same day, the Government of Georgia received it. Accordingly, this Agreement will enter into force on July 23, 2021.

The Agreement provides comprehensive and detailed rules regarding liberalization, promotion and protection of investment between Japan and Georgia. Bordering the Black Sea, Georgia finds itself in a significant location connecting Asia and Europe, and in the recent years, it has been promoting economic and infrastructure policies with a view to becoming a regional logistics hub. Georgia has also been actively working to attract foreign investments, and its favorable business climate is highly evaluated by the international community. In this regard, the interest of Japanese companies in Georgia is growing, and consequently, their investments in Georgia are expected to grow. The entry into force of this Agreement will contribute to further development of economic relations between the two countries, as well as to further promotion of the bilateral investments.

[Attachment]

Agreement between Japan and Georgia for the Liberalisation, Promotion and Protection of Investment (English (PDF) / Japanese (PDF))