The pandemic has reduced Georgia's economic dependence on Russia
Tbilisi. According to the assessment of the Transparency International Georgia the pandemic has "naturally" reduced Georgia's economic dependence on Russia. After the end of the pandemic period, Georgia will have the opportunity to structurally transform its economy and become less dependent on Russia.
“At present, the high dependence of wine exports on the Russian market and wheat imports from Russia remain the main challenges for Georgia's economic security.
The goal of the Georgian government should be to minimize economic dependence on Russia. Therefore:
In the post-pandemic period, Georgia should work even more actively to diversify its export markets, especially in terms of wine exports;
Local production of wheat and diversification of wheat imports should be promoted as much as possible;
Unlike previous years, after opening the borders, Russia should not be the target market for attracting tourists”.
Source: transparency.ge
