June 2, 2006 - 16:25 AMT
Group for Studying Influence of Globalization on Caucasus Development to Be Formed
"International Monetary Fund and South Caucasus in 21st century" international conference started in Tbilisi June 1. Representatives of the IMF in the South Caucasian states, governmental structures, Armenian and Azerbaijani Central Banks as well as businessmen and heads of research institutes are taking part in the conference.

When opening the conference President of the Georgian National Bank Roman Gotsiridze stated that the economy of each South Caucasian republic is developing, that is why the study of the experience of each state, exchange of information and expansion of cooperation is important.

A working group for studying the influence of globalization on the development of the South Caucasian states will be formed during the conference, reported Georgia-Online.