CONTEMPORARY EURASIA VOLUME VIII (1) ContemporaryEurasia81 | Page 74

IMPERATIVES OF GEORGIAN DIPLOMACY AND COOPERATION OF TBILISI AND… have vital importance) and increase the level of its security at the same time. 36 Georgian Prime Minister, I. Garibashvili, met the head of the NPC Standing Committee, Cheng Changchi, in June 2015. Such a high-level visit of a representative of China to Georgia has not occurred over the last decade. Both sides re-emphasized the importance of the «New Silk Road» strategic project. The representatives of the PRC expressed their willingness to actively participate in the «Forum of the Silk Road», which was held in Tbilisi in October 2015 37 and November 2017. 38 Thus, Georgia can play the role of an economic hub in the SREB project as it already has free trade agreements in place with both the EU as well as China. The level of Chinese investment in the Georgian economy is growing practically day by day, and this trend, as economists predict, will have an irreversible character in terms of the implementation of the SREB project. 39 The government of Georgia wants to promote Chinese engagement for both economic and strategic reasons. Not only can trade and investment links with China help spur economic growth, they also have the potential to ease pressure applied by Russia. Еxperts believe that “Chinese investment in Georgia does provide certain unanticipated security benefits”. 40 Thus, it is already impossible to ignore the fact that the Georgian establishment has been fully aware that the focus on the unique projects of NATO and the EU has serious conflicts of interest with its new trend in the development of multilateral cooperation with China. The country of the Golden Fleece is clearly looking to be the main partner of China in the South Caucasus. The active participation of the Georgian side in the implementation of China's geo-economic models promises to make the issue of Georgia’s accession to NATO and the EU not as relevant as it is today. 36 Vakhtang Charaia, Vladimer Papava, Fanmei Wang, “China-Georgia Economic Relations in the Context of the Belt and Road Initiative”, Bulletin of the Georgian National Academy of Sciences, Vol. 12, Iss. 1 (2018): 157. 37 “Pervij forum Šjelkovogo puti startoval v Tbilisi”, (in Russian), [“The Silk Road First Forum has started in Tbilisi”], News Georgia, October 15, 2015, https://www.newsgeorgia.ge/pervyj-forum-shelkovogo-puti-startoval-v-tbilisi/ (accessed April 7, 2019). 38 “Šjelkovyj put’ po-gruzinski – itogi meždunarodnogo foruma v Tbilisi”, (in Russian), ["Silk Road" in Georgian - the results of the international forum in Tbilisi”], Spitnik Georgia, Desember 1, 2017, https://sputnik-georgia.ru/reviews/20171201/238377112/ (accessed April 7, 2019). 39 Vakhtang Charaia and Vladimer Papava, “Belt and Road Initiative: Implications for Georgia and China-Georgia Economic Relations”, China International Studies. Vol. November/December (2017): 139, https://www.researchgate.net/publication/321193299 (accessed May 22, 2019). 40 Joseph Larsen, “Georgia-China relations: The geopolitics of the Belt and Road” (Georgian Institute of Politics, Georgia, Tbilisi, 2017): 20. 74