There has never been such a difficult phase in the political life of Georgia and the West. Naturally, this process is not working in the favor of the Georgian economy and business climate. Exports doubt that after the deterioration of relations with the West and the suspension of the European integration process, Georgia will not remain an attractive country for investments.
According to economist Giorgi Khishtovan, western money will not flow in Georgia.
"Today I cannot imagine that Western capital, including US capital, will enter Georgia, and despite the fact that the Georgian Dream party is saying that there is no political crisis or instability, its movement route in recent months clearly indicates what markets it intends to use to replace the foreign, Western capital that has not entered or has left in the near future.
Visits to Central Asia, the Emirates, strategic partnership with China, all this indicates that "Georgian Dream" is realistic and knows that Western capital will not flow here and therefore the situation needs to be urgently corrected, because the one-time factors that balanced the decrease in investments in recent years at the epxensce of migration due to Russia-Ukraine War, have also disappeared. So, today we can say that the country is in a capital shortage and this problem needs to be solved urgently. The sources of capital need to be replaced so that the country can balance its financial situation in terms of trade and other aspects," said Giorgi Khishtovani.
