Georgian Companies to Join Alibaba Platform with Government Backing

Thanks to the support of Georgia’s Ministry of Economy and Sustainable Development, several local companies are set to be showcased on Alibaba.com, one of the world’s top B2B e-commerce platforms.

The ministry noted that up to 50 Georgian companies will be registered on the platform at the initial stage. The initiative is being carried out through the ‘Produce in Georgia’ agency, The Caspian Post reports citing Georgia Today.

“The agency will fully cover the annual membership fee, as well as other expenses related to product promotion and placement on the platform,” the ministry announced. “Georgian companies will benefit from the so-called Global Gold Supplier status - a form of verification that increases trust in companies and helps potential buyers make informed decisions.”

Officials say placement on Alibaba.com will offer Georgian companies a unique opportunity to enter the global market, attract international partners and increase exports.

The selection process for participating companies is taking place in two stages.

“At the first stage, we selected companies from the agency’s electronic platform, tradewithgeorgia.com, that have achieved the highest scores over the years,” the ministry explained. “In the second stage, the companies submitted to Alibaba.com will undergo additional verification by the platform’s team. After the selection process, the agency will provide training, and then the companies will be placed on the platform.”

Founded in 1999, Alibaba.com is a leading global B2B e-commerce platform that connects buyers and suppliers in more than 200 countries and regions. It covers a wide range of industries, helping businesses expand globally while enabling buyers to discover products, find suppliers and place orders quickly and efficiently.

In the near future, an Alibaba.com delegation is expected to visit Georgia to learn more about local products.