Georgia ranks among the top ten countries according to the Doing Business report

Georgia ranks among the top ten countries according to the Doing Business report

Georgia ranks among the top ten countries according to the Doing Business report

The FINANCIAL -- Georgia is the easiest place in emerging Europe to do business, shows the World Bank’s Doing Business report and this achievement was recognised at today’s conference held in Washington, D.C.

The conference ‘Fifteen Years of Doing Business: Opportunities for Future Directions’ reviewed the Doing Business Indicators of past 15 years. Deputy Chief of Mission at the Embassy of Georgia, Giorgi Tsikolia, participated in the conference and highlighted Georgia’s achievements in creating the business friendly environment.

Georgia is the ninth among the world’s 190 countries according to the 15th anniversary edition of the World Bank Group’s annual Doing Business report.

The report finds Georgia a top performing economy among the countries of Europe and Central Asia, where it takes two procedures and two days to register a new business, compared with nine procedures and 25 days in 2003.

The participants of the conference praised Georgia’s leading positions in Doing Business report and stated this could help country attract more investments, according to MFA of Georgia.

The conference ‘Fifteen Years of Doing Business: Opportunities for Future Directions’ was held at the Center for Strategic and International Studies in Washington, D.C.