Embassy of the United States

2008 Embassy Events

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Members of the delegation including Charge Kent Logsdon, and Deputy Secretary Sullivan at the final press conference with Georgian Secretary of Energy Alexandre Khetaguri. (Photo by Nana Kiknadze.)

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Members of the delegation including Charge Kent Logsdon, and Deputy Secretary Sullivan at the final press conference with Georgian Secretary of Energy Alexandre Khetaguri. (Photo by Nana Kiknadze.)

Deputy Secretary of Commerce Brings Large Commercial Delegation to Tbilisi

Deputy Secretary of Commerce, John Sullivan, traveled to Tbilisi from October 26-28 with a large official delegation and representatives of 19 U.S. companies for a Business Summit co-sponsored by the American Chamber of Commerce in Tbilisi.  Overseas Private Investment President Robert Mosbacher Jr. and the Director of the U.S. Trade and Development Agency Larry Walther also joined the delegation.  Over 300 attendees watched as Georgian Prime Minister Lado Gurganidze and  Mosbacher  signed seven financing agreements totaling more than $176 million in new U.S. investment in Georgia.  The Doheny Group, a business delegation member company, signed an MOU with the Georgian Ministry of Energy for the development of four to six hydropower projects with an aggregate generation capacity of 100 megawatts and up to a possible $150 million in investment.  The Summit was covered extensively by local and international media and followed on the heels of the Brussels Conference on October 22 during which donors pleaded more than $4.5 billion for Georgian reconstruction.