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Daily Archives: October 15, 2015

Tbilisi Hosts Large-scale Investment Forum

PM: Government not to be Involved in a Dispute over Rustavi 2

Prime Minister Irakli Gharibashvili opened the Silk Road Forum at the Rustaveli Theater. “Silk Road Forum is an important event in the history of Georgia. I am happy to take part in it. For centuries, the historical Silk Road had been the most important land route linking  Europe and Asia. …

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David Saganelidze Changes the Partnership Fund’s Priorities

The Partnership Fund (PF) will sign Memorandums with a number of companies tomorrow. The head of PF David Saganelidze stated before the Silk Road Forum opening. In his words, the Memorandums will be  mainly singed in  agriculture, tourism and industrial areas and not  in the energy field, because, as Saganelidze …

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Georgia’s Participation in the New Silk Road

irakli-garibashvili-New Silk Road

“The fact that hundreds of businessmen and women have come to this Forum is proof of the New Silk Road’s potential. I firmly believe that trade and commerce will drive peaceful cooperation. I know I speak for all governments represented here when I say that our business leaders are among …

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“That Man Again…” Rugby World Cup on Mamuka Gorgodze

“THAT MAN AGAIN….Mamuka Gorgodze was one of the stars of #RWC2015 and the Georgian statistics show why,” reads the Rugby World Cup’s official Twitter account. Indeed, Gorgodze won in four out of five of Georgia’s comparative figures in Rugby World Cup Apart from recognition of Gorgodze within the team’s statistics, the …

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Galt & Taggart Named Best Georgian Investment Bank 2015 by IFM

JSC Galt & Taggart announced today that it has received the International Finance Magazine award for the Best Investment Bank in Georgia in 2015. The IFM Awards celebrate excellence in its purest form, recognizing and honouring individuals and organisations in the international finance industry that make a significant difference and add …

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International Day of Rural Women October 15

“The new Sustainable Development Goals (SDGs) have gender equality and women’s empowerment at their core, and include a target to “double the agricultural productivity and incomes of small-scale food producers, in particular, women”. Indeed, rural women are critical to the success of almost all of the 17 SDGs,” Secretary-General Ban Ki-moon. …

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Baku-Tbilisi-Kars Railway to Open by November 2016

Construction of the $600 million USD Baku-Tbilisi-Kars railway will be fully completed before November 2016, offering immense benefits to the three countries involved. Once operational Azerbaijan, Georgia and Turkey will mutually benefit from improved trade and economic relations and gain additional Foreign Direct Investments (FDI) through the new railway connecting …

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Tetnuldi Ski Resort to Receive First Tourists in December

tetnuldi ski resort

Construction of a brand new $52 million ski resort in the Svaneti region of Northwestern Georgia will end in 2 months and will open by the January first, 2016. This resort will be located only 170 miles east of Sochi, Russia where the 2014 Winter Olympics are to be held. …

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POWERCHINA Seeks Massive Investment in Rikoti Highway and Anaklia Deep-Sea Port

Anaklia Port

Georgia’s government negotiates with Chinese large company POWERCHINA, on massive investment projects. Two strategic projects, such as building Anaklia deep-sea port and renewing Rikoti highway are being discussed. PM Irakli Garibashvili met with the representatives of POWERCHINA few days ago. Company operates in 108 countries and its investment portfolio equals …

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Tbilisi Silk Road Forum: Wine and Water Export To China Increases

Irakli Garibashvili

Only hours after the Tbilisi Silk Road Forum started this morning Georgia has already signed its first agreements with regional partners to enhance bilateral partnerships in transport, energy and trade. This morning Georgia and China signed a deal about exporting Georgian wine and mineral water to the Asian nation. The …

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