“MOODY’S INVESTORS SERVICE” IMPROVED OUTLOOK FOR GEORGIA’S SOVEREIGN RATING FROM STABLE TO POSITIVE

International rating agency Moody’s Investors Service has confirmed recently Georgia’s sovereign rating Ba3 and improved outlook from stable to positive.

The main reason for outlook’s improvement is signature of Deep and Comprehensive Free Trade Agreement (DCFTA) between Georgia and EU and prospects of improvement of the country’s foreign positions in medium-term period.