Georgian businessman Revaz Vashakidze, founder and managing partner of the food production company Chirina, believes that strengthening the rule of law and progressing toward EU integration are essential for improving the country’s investment climate. Speaking on BMGTV, he emphasized that Georgia must put an end to injustice and build an independent judiciary to regain investor trust.
Vashakidze argued that a functioning and impartial court system is critical not only for political stability but also for business security. Referring to Chirina’s legal dispute with Kvarlis Baga, he described the situation as “catastrophic” and warned that similar cases could significantly hinder business activity across multiple sectors. While acknowledging Georgia’s progress, including a stable national currency, he said the country needs greater openness to investment and reform.
Commenting on Georgia’s geopolitical direction, Vashakidze stated that the country’s path should primarily lead toward the European Union. He noted that Georgia’s modern banking system was developed with significant support from the U.S. and EU, underscoring that cooperation with Western partners brings not only financial resources but also essential knowledge and expertise. He added that many successful Georgians living abroad should be encouraged to return through improved conditions at home.
Ultimately, Vashakidze stressed that “a full stop must be placed on injustice” in Georgia. Without addressing systemic fairness and strengthening institutions, he said, the country will struggle to attract investors or unlock its full economic potential.
