On 16 February 2016, Memorandum on cooperation was signed between Ajara Employment Agency and Georgian Investors Association. Aim of the agreement is employment of residents of the region, improvement of business environment and effective functioning of the labor market. According to the document, companies, members of the association will provide vacancies and will inform agency about internships. The International Investors Association of Georgia is an independent, nongovernmental, apolitical and nonprofit organization, established in June 2009 in Batumi, Ajara Region, republic of Georgia. Today IIA is one of the largest unions of investors in Georgia with 21 members representing large companies from different sectors of businesses, such as: textile industry, food production, construction and construction materials, banking and finance, insurance, hotels and other.