LIOU president presents Ukrainian insurance market in Georgia

LIOU president presents Ukrainian insurance market in Georgia

President of the League of Insurance Organizations of Ukraine (LIOU) Oleksandr Filoniuk presented the country’s insurance market at a business forum held as part of the three-day visit of Ukrainian President Petro Poroshenko to Georgia on July 17 through July 19, the LIOU said in a press release.

The business events were intended to step up trade and economic relations between business circles and development of business cooperation between the two countries. Forum participants assessed the investment environment of Georgia and Ukraine, the tourist potential of projects and studies Georgia’s experience on the way of reforms.

The macroeconomic indicators of the two countries were presented at the forum. The forum participants focused on sectoral cooperation, first of all in the trade and economic sphere.

Forum participants pointed out the importance of deepening cooperation between Ukraine and Georgia.

The Ukrainian-Georgian business forum was positively assessed. It was pointed out that it is important to increase efficiency of working groups of the Ukrainian-Georgian intergovernmental commission for economic cooperation.

Ukraine and Georgia have long lasting relations, and the establishment of strategic partnership and restoration of relations between the two countries is a firm basis for support, trust and friendship between the two nations, Ukrainian President Petro Poroshenko said.