www.eurasianet.org/departments/insight/articles/eav0909 -
[Cached Version]
Published on: 9/9/2008
Last Visited: 10/15/2008
David Lee, the managing director of mobile communications company MagtiCom, noted that foreign companies are apt to follow the lead of Washington and Brussels.
...
It does appear that the Americans intend to provide all the resources necessary to ensure that the Georgian economy is not affected in the long term," Lee said.
Spelling out plainly Georgia's market connection with the West should be part of the reconstruction plan, he added.
"What would be good is if Georgia could show a clear path to its inclusion in European markets," Lee stated.
Deputy Economic Development Minister Lezhava highlighted the importance of international support to boosting investor confidence.
The recent displays of support from the United States and Europe are "very difficult to overestimate" in terms of the message it sends to investors, he noted.