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Monday, 27 February, 2023
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Representatives of the Ministry of Justice Participate in Negotiations on the Agreement on Promotion and Protection of Investments between Georgia and Canada

The Ministry of Justice is directly involved in the investment agreement between Georgia and Canada, in particular the development of international standards for encouragement and protection of investors and the introduction of effective investment disposition resolution mechanisms. There have already been five rounds of negotiations between the parties.

In the process, led by the Ministry of Economy and Sustainable Development, Head of the Department of Expertise and Judicial Representation of the Ministry of Justice, Nino Mindiashvili, and Head of State Representation Department in the Arbitrations and International Courts, Mariam Antia also participate.

The signing of the agreement will promote the influx of qualitative investment in Georgia, ensuring the transfer of knowledge and technology; It will also encourage Canadian investors to become interested in the Georgian economy or increase their existing investments.

The next 6th round is planned in the second half of this year.

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Memorandum of Understanding on Cooperation in Digital Governance Signed Between the Ministry of Justice of Georgia and the Ministry of the Interior and Safety of the Republic of Korea

As part of his visit to the Republic of Korea, Georgian Minister of Justice Paata Salia met with Yun Ho-jun, Minister of the Interior and Safety of the Republic of Korea. During the meeting, the two sides discussed opportunities to further strengthen cooperation in digital development.

Minister Salia emphasized the importance of the partnership between Georgia and the Republic of Korea, particularly in the areas of artificial intelligence, innovative technologies, electronic services, and digital governance.

“We are particularly interested in the concept of democratic governance based on artificial intelligence. The central idea behind this approach is that AI should not merely serve as a technological tool, but should be used to expand access to public services and enable the state to respond more quickly and effectively to citizens’ needs,” said the Minister of Justice of Georgia.

Paata Salia also highlighted Georgia’s significant progress in recent years in the areas of digital governance, electronic services, cybersecurity, and information security.

According to Yun Ho-jun, Minister of the Interior and Safety of the Republic of Korea, cooperation between the two countries will bring significant benefits to every citizen of Georgia:

“We had a very productive meeting with Georgian Minister of Justice Paata Salia. We had an excellent discussion on how to deepen digital cooperation between our two countries and between our respective ministries, particularly in accelerating digital development and promoting the adoption of artificial intelligence technologies.”

At the conclusion of the meeting, the Ministry of Justice of Georgia and the Ministry of the Interior and Safety of the Republic of Korea signed a Memorandum of Understanding on cooperation.

The memorandum provides for the establishment of a Digital Governance Cooperation Center, which will facilitate the exchange of knowledge and expertise between the two countries and support the organization of joint working sessions, seminars, and forums. The Center also has the potential to serve as a regional hub for developing and implementing innovative approaches to digital governance.

Under the memorandum, the two sides also plan to further develop Georgia’s unified electronic services portal, my.gov.ge.

In early October, Georgia, together with its Korean partners, will host a high-level workshop on artificial intelligence.

The meeting was also attended by First Deputy Minister of Justice Beka Dzamasvhili; Deputy Minister Tamar Zodelava; Sandro Tsirekidze, Chairman of the LEPL Digital Governance Agency; and Mikheil Tigishvili, Ambassador Extraordinary and Plenipotentiary of Georgia to the Republic of Korea.