Abu Dhabi Fund for Development’s (ADFD) Director-General Mr. Mohammed Saif Al-Suwaidi has discussed means of increasing bilateral relations between the two countries with the government delegation from Georgia headed by Ms. Natia Turnava, Minister of Economy and Sustainable Development.
During the meeting, the two sides addressed ways to improve bilateral relations and economic investment prospects between the UAE and Georgia. Further, they discussed the potential to improve the role of the Fund in supporting Georgia’s sustainable economic development priorities.
The meeting was also attended by Mr. Paata Kalandadze, Ambassador of Georgia to the UAE, and Mr. Rashid Al Kaabi, Director of Investments Department at ADFD.
Mohammed Saif Al Suwaidi Director General – ADFD
“The visit of the Minister of Economy and Sustainable Development of Georgia to ADFD presents a tremendous opportunity to increase our economic cooperation and investment opportunities. The Fund is seeking to strengthen investments with West Asian countries and this type of bilateral meeting can help to identify opportunities that serve the common interests of both countries.”
Mr. Turnava lauded the high level of cooperation between Georgia and the UAE, as well as the significant role ADFD plays in assisting countries throughout the world with sustainable development and investment projects.
“It was a very positive discussion about opportunities to cooperate on potential economic development projects. Georgia is an attractive and stable economic environment and there are many opportunities for foreign investments,” she further added.
Since its inception in 1971, the Abu Dhabi Fund for Development has aided developing countries in their economic growth. The Fund has financially supported thousands of development initiatives in 97 countries, which have had significant social and economic impacts.
