კონფერენცია

∘ Khatuna Berishvili ∘
DEVELOPMENT TRENDS AND THREATS OF GEORGIA-RUSSIA ECONOMIC RELATIONS IN THE CONDITIONS OF RUSSIA-UKRAINE WAR

Abstract

The Russia-Ukraine war has made the issue of economic cooperation between Russia and Georgia more urgent. Historical experience shows that the dependence of Georgia's economy on Russia has repeatedly become an instrument of political pressure from this country. Based on this context, it is important for Georgia to diversify its markets, to focus more on western markets, which are distinguished by their dynamism and stability. A special threat is the expansion of the opportunities of the Russian oil market in Georgia, the increase of the share of Russian companies in the economy of Georgia.

The state's economic policy and the declared course of integration with Europe should be reflected in the reduction of Russia's economic influence and the increase in the specific share of the European economy in Georgia, which is related to the political stability and economic growth of our country.

Ivane Javakhishvili Tbilisi State University Paata Gugushvili Institute of Economics International Scientific C O N F E R E N C E S "ECONOMY – XXI CENTURY"

E ISSN 2587 - 4691	∘ Khatuna Berishvili ∘ DEVELOPMENT TRENDS AND THREATS OF GEORGIA-RUSSIA ECONOMIC RELATIONS IN THE CONDITIONS OF RUSSIA-UKRAINE WAR Abstract The Russia-Ukraine war has made the issue of economic cooperation between Russia and Georgia more urgent. Historical experience shows that the dependence of Georgia's economy on Russia has repeatedly become an instrument of political pressure from this country. Based on this context, it is important for Georgia to diversify its markets, to focus more on western markets, which are distinguished by their dynamism and stability. A special threat is the expansion of the opportunities of the Russian oil market in Georgia, the increase of the share of Russian companies in the economy of Georgia. The state's economic policy and the declared course of integration with Europe should be reflected in the reduction of Russia's economic influence and the increase in the specific share of the European economy in Georgia, which is related to the political stability and economic growth of our country.