BAG: TRACE INTERNATIONAL AND SOLABILITY RATINGS A POSITIVE MESSAGE FOR POTENTIAL INVESTORS

The Georgian Business Association responds to surveys by Trace International and the transnational organization SolAbility and rates the ratings as a positive message for potential investors.

According to the Trace International Index of Freedom from Corruption Risk, Georgia ranks 28th in the world and 19th in Europe, and Georgia ranks 37th out of 180 countries in the SolAbility Global Sustainable Competitiveness Index.

According to the President of the Business Association, this is a positive message for both investors and the international community, as the pursuit of democratic values ​​and sustainable development of the country contributes to competitiveness and, naturally, these figures are welcome.

“The published new ratings are an important message for potential investors. Today, as never before, it is important for investors to have more positive messages about the current and future business environment in the country, investment opportunities. The Kovid Pandemic will end soon in the world and with it in Georgia, there are clear signs of this and we must start preparing for the post-pandemic economic reality, new investment and economic policies in order to recover the damaged economy and achieve a new, much faster pace of growth. At the same time, transparency, the level of corruption, the relationship between business and government – these are the areas that must be worked on, because it is a constant process of improvement,
(NS)