Georgia Becomes A Regional Trading Hub

Over the past year, Georgia recorded significant growth in trade turnover with neighboring Armenia and Azerbaijan. As it expands its role as a trading hub, it is being aided, in part, by Russia’s war on Ukraine. Intensified trade ties have been a top talking point at frequent high-level meetings between Georgian leaders and their Armenian and Azerbaijani counterparts. While trade increased in various directions, both imports and exports remain heavily dependent on narrow groups of commodities, pushing the countries to explore new opportunities.…