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Daily Archives: April 20, 2016

IMF Appoints Georgia’s NBG President As Acting Manager

Koba Gvenetadze Elected as National Bank Board Member

Koba Gvenetadze, the President of the National Bank of Georgia (NBG), has been appointed as an acting manager of the International Monetary Fund (IMF) from Georgia. Koba Gvenetadze has replaced Giorgi Kadagidze on the mentioned position. The corresponding decision passed by the Government of Georgia on appointment of Koba Gvenetadze …

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Preparing for Exportation of Tskaltubo Syrup

Preparing for Exportation of Tskaltubo Syrup

The company “TSKALTUBO syrup“, which produces natural fruit flavors and natural syrups, plans to export its products. The company’s co-founder Lasha Goduadze declaired that the first time product appeared on the market in October 2015. Nowadays, the company produces  12 kinds of syrup. As a result, the company plans to increase the range and volume …

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China’s AIIB Seeks to Pave New Silk Road with First Projects

Almaty AIIB

China’s flagship international development bank is hoping to pave a new Silk Road, with at least three of its initial projects focused on transport arteries in central Asia and Pakistan. The Asian Infrastructure Investment Bank will help fund a highway in Pakistan, a road project in Tajikistan, and a ring …

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European Commission fully Supports Visa Liberalization of Geogia

European Commission fully Supports Visa Liberalization of Geogia

European Commission fully supports unconditional visa liberalization with Georgia, – Minister of European Commission Jean-Claude Juncker declared during his meeting with Prime Minister Giorgi Kvirikashvili. President of European Commission emphasized that new conditions will not be set forth prior to provision of the visa free regime for Georgia, since the …

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