Georgia and the European investment Bank (EIB) signed on Thursday a Declaration of intent to cooperate in the agricultural sector, reports journalist Last news .
The document was signed within the framework of the business forum on the sidelines of the summit of "Eastern partnership" in Riga.
The Declaration was signed by the Minister of agriculture of Georgia Otar Danelia and Vice-President of the EIB Wilhelm Molterer focused on the development of the country's agricultural sector in the framework of the agreement on free trade area between the EU and Georgia. Under the agreement, the EIB will take upon his own shoulders the obligation on financing of 50% of the agreed projects." I wish to thank the European partners for the prompt, turned out to reach this consensus, " said Danelia.
The program "Eastern partnership" includes political Association and economic integration of the EU with Azerbaijan, Armenia, Belarus, Georgia, Moldova and Ukraine. The last 3 countries last year signed the Treaty on the Union with the EU. The summit of "Eastern partnership" will be held may 21-22 in Riga.