In the framework of EUGBC dialogue with the EU Member States’ Embassies in Georgia, EUGBC Board Members met with the Ambassador Extraordinary and Plenipotentiary of the Republic of Italy to Georgia, Federica Favi on 8th of May 2012, at the Ambasciata d’Italia in Tbilisi. EUGBC Secretary General introduced to the Ambassador EUGBC, its goals and activities. Participants of the meeting discussed cooperation possibilities, reviewing the process of negotiations on Deep and Comprehensive Free Trade Area (DCFTA) between Georgia and the EU as well as business climate in Georgia. EUGBC Board Members informed about their business activities and perspectives on the business climate in Georgia.

The importance of DCFTA Working Group initiated by EUGBC was also subject of the meeting. It was stressed that the recommendations of business community vis-“�-vis the negotiation process is crucial to be considered by Georgian authorities and EU officials. Madam Ambassador showed strong interest to the activities of the Working Group and invited EUGBC to share businesses’ feedback, particularly with respect to the possible difficulties and pitfalls in the process of the negotiations.

The Ambassador pointed out that Italian businesses have been increasingly interested in Georgia over the past few years, and that Italian companies are content by partnership with Georgian companies. Italian diplomat underlined that Italian airline “Al Italia” will start flights in Georgia as of 2nd of July.

The Ambassador emphasized the importance of cooperation with EUGBC on important issues referring to trade development and investment growth in Georgia. It was also noted from both parties that increasing business dialogue and contacts between Italian and Georgian businesses will be extremely productive for both countries. To this end, the Ambassador extended invitation to EUGBC and its member businesses to be actively involved in the forums and economic missions from Italy to Georgia and vice-versa. The parties to the meeting agreed to continue close cooperation.