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Daily Archives: November 18, 2014

Forest Week took start on November 15 in Tsavkisi


Forest Week will be held on November 15 -23 under the initiative and support of WWF. The Week will be hosted by EU funded regional Project Increasing the resilience of forest ecosystems against climate change in the South Caucasus. The week took start in Tsavkisi on November 15, on the experimental forest plot under the …

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Imperial Tobacco: Raising Tobacco Excise Tax is Inadequate


An interview with the head of the Imperial Tobacco representation  in the South Caucasus Irakli Nadareishvili What can you say about the planned increase in excise taxes on tobacco products? Government officials claim that it is  a commitment made in the framework of the Association Agreement with the EU. Is …

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Caspian Energy Names PASHA Bank Georgia as Bank of the Year


PASHA Bank Georgia, a full service corporate bank, received award prize – the Bank of the Year – by Caspian Energy group. On an awarding ceremony President of Georgia Giorgi Margvelashvili awarded the prize to the CEO of PASHA Bank Georgia, Shahin Mammadov. In line with the contribution to the …

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Georgia Ranks 21st in Wine Exports Worldwide


The information is published by the non-governmental organization Doctrine. According to the data, the country’s wine exports experienced a severe recession in 2006-2012, when the Russian market  was closed, and despite the development of alternative markets, they still have not been able to adequately replace Russia. In particular, in  2012 …

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First Train to Cross Georgian Section of Baku-Kars Railroad in December


The first train on the Georgian route of the Baku-Tbilisi-Kars railway will go in December 2014.  “Commersant” was told at  the management of Marabda-Kartsakhi Railway, which carries out  the construction work on the territory of Georgia. A high-level delegation will  arrive in Georgia from Azerbaijan to attend  the test run of the …

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Tbilisi hosts II Caspian Energy Forum-2014

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On November 14 Tbilisi hosted the II International Caspian Energy Forum-2014 organized by the Caspian European Club, the largest and dynamically developing regional organization which brings together over 5000 companies and organizations from 50 countries of the world, and held with participation of President of Georgia Giorgi Margvelashvili. Addressing the …

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IMF: Ukraine’s Finances under Threat

A $17 billion loan may not be enough for Ukraine to manage its finances if the conflict with Russia continues, the International Monetary Fund warned over the weekend. All parties involved in the Crimean crisis must work together, “because it’s very hard to imagine how the finances of Ukraine can …

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