The Georgian government plans to transfer state oversight of the Georgian Chamber of Commerce and Industry from the Prime Minister to the Ministry of Economy and Sustainable Development. Parliament is reviewing the proposed amendments to the Law on the Chamber of Commerce under an expedited procedure.
Government Parliamentary Secretary Vakhtang Bachiashvili told the Economic Policy Committee that the Chamber’s activities are closely linked to the Economy Ministry’s responsibilities, particularly foreign trade policy. Its main functions include promoting Georgian businesses abroad, issuing certificates of origin and resolving commercial arbitration disputes.
Bachiashvili said the government had also examined international practices, including those of Germany, France, Italy and Austria, where similar organisations operate under relevant sectoral ministries. The committee has already supported the proposed amendments.
The bill was prepared by the Government Administration, which says the changes are intended to improve the Chamber’s efficiency and ensure its uninterrupted operation. Lawmakers argue that expedited consideration is necessary given the organisation’s role in supporting businesses, developing foreign trade and protecting private-sector interests.
