The National Bank of Georgia reported that Governor Natia Turnava spoke as a keynote panellist at the Bank of Albania’s 100th anniversary conference in Tirana, focusing on how geoeconomic fragmentation, reduced trade and tighter capital conditions are reshaping the global economy and affecting emerging markets. In the panel “A World of Less Trade and Tighter Capital: Reshaping the Global Economy?”, Turnava argued that a tightening international financial environment increases the importance of deeper regional cooperation and flexible economic strategies for small and medium-sized economies. She pointed to Georgia’s role as a bridge between Europe and Asia, highlighting the Middle Corridor connecting Europe and Asia via the South Caucasus and Central Asia, and said growing trade and transport linkages are increasing demand for efficient, secure and interoperable financial services, requiring central banks to promote cooperation among financial institutions and support interconnected financial infrastructures. The conference was jointly organised by the Bank of Albania and the Reinventing Bretton Woods Committee and featured opening remarks from Albania’s Prime Minister Edi Rama, European Central Bank President Christine Lagarde, International Monetary Fund Managing Director Kristalina Georgieva and Bank of Albania Governor Gent Sejko.
National Bank of Georgia 2025-11-12
National Bank of Georgia Governor urges stronger regional financial cooperation at Bank of Albania centenary conference
Governor Natia Turnava of the National Bank of Georgia stressed regional cooperation and flexible economic strategies amid geoeconomic fragmentation at the Bank of Albania’s 100th anniversary conference. She highlighted Georgia's strategic role in connecting Europe and Asia, emphasizing efficient financial services and interconnected infrastructures. Notable speakers included Albania’s Prime Minister Edi Rama and European Central Bank President Christine Lagarde.