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Economic perspective of establishing strategic partnership between China and Georgia

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Loid Karchava

Doctor of Business Administration, Associate Professor, Faculty of Business, Caucasus International University, Tbilisi, Georgia

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Shota Veshapidze

Doctor of Economic Sciences, Associate Professor, Ivane Javakhishvili Tbilisi State University

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Ketevan Chiabrishvili

Doctor of Economic Science. Professor, National Defence Academy of Georgia

Abstract

The field of interest of this article is the detection and definition of modern challenges and perspectives of protection of strategic national interests. Interest in the topic is due to the fact that no country can deal with the most pressing problems of our time in isolation from other countries. They can be overcome only within the framework of close international cooperation. Georgia's progress depends to a significant extent on the establishment of strategic partnerships with other countries, the purpose of which is to promote joint development.

The purpose of the research carried out within the article is to reveal and define the main aspects of the economic prospects of establishing a strategic partnership between the People's Republic of China and Georgia.

The subject of the research is the analysis of the establishment of strategic partnership between China and Georgia, the evaluation and systematization of its modern manifestations. It has been revealed what results the connections between the countries have brought, what challenges and opportunities are emerging in the future. The object of the research is the state of economic cooperation established between China and Georgia at the present stage and the creation of favorable conditions for their stable long-term development.

Among the main research methods used, the general scientific methods of induction and deduction, the method of theoretical systematic analysis and the monographic (descriptive) method should be noted. The research is of practical importance in terms of creating favorable conditions for the long-term development of mutually beneficial economic cooperation between China and Georgia.

Keywords: China, Georgia, strategic national interests, strategic partnership, economic dimension.

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The New Economist N 3 (2023), Vol 18, Issue 3

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Published Date:

07/10/2023