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Daily Archives: May 5, 2016

Countries of Trans-Caspian Route are Working on the Joint Route

Countries of Trans-Caspian Route are Working on the Joint Route

Countries of Trans-Caspian transportation route are working to make effective steps in order to rise competitiveness, one of the most important, along with the infrastructure are joint competitive tariffs. Members of working group have already discussed tariff issue in Baku, – news agency Trend reports, relying on Nadir Azmamedov, head …

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Tvishi Tsolikouri – the Wine from the Cellar of an Old Peasant

Tvishi Tsolikouri - the Wine from the Cellar of an Old Peasant

Tvishi Tsolikouri was produced 3 years ago in Lechkhumi – historic province in northwestern Georgia by 56-year-old Tamaz Asatiani. Tamaz Asatiani has the vineyard in the famous micro zone of Lechkhumi – in the Village of Tvishi. The vine is planted in 2 hectares of land, through which the peasant produces white, dry, …

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What Happens to Gold and Silver Price in Georgia?

What Happens to Gold and Silver Price in Georgia?

After the Central Bank of Europe has adopted a decision to keep the refinancing rate and the President of the EBRD announced the mitigation of monetary policy, demand for dollars has increased in  the market which led to lower prices for precious metals, in particular, gold. The positive US economic …

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Customs Duties on Hybrid Cars Reduced by 50%

Customs Duties on Hybrid Cars Reduced by 50%

Relevant amendments have entered into force on 1 May. The law was passed a few weeks ago, and will apply only to hybrid cars not older than 6 years. The explanatory note to the bill states that the mass use of hybrid vehicles will lead to an improvement in the …

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In terms of EPI Georgia keeps 111st Position among 180 Countries

In terms of EPI Georgia keeps 111st Position among 180 Countries

The so-called Environmental Performance Index (EPI), is a method of quantifying and numerically marking the environmental performance of a state’s policies. Thus, EPI ranks countries’ performance on high-priority environmental issues in two areas: protection of human health and protection of ecosystems. On 23 January 2016, the 2016 Environmental Performance Index was …

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43% of People in Georgia Do Not Use Internet

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According to Caucasus Research Resource Center more people are using the internet on a daily basis in Georgia, latest research shows. On a question how often do you use internet, 40 percent of respondents said they used the internet every day, which is 5 percent higher than last years data.Results of a …

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Georgia Stands 17th Position in terms of Tourism Share

Georgia Stands 17th Position in terms of Tourism Share

According to the World Travel & Tourism Council (WTTC) Georgia’s economy keeps 17th position in terms of Tourism’s direct contribution to GDP. WTTC published 2016 report. It is already 25 years the organization has been working and conducting researches on the economic and social impact of the travel industry in the world countries. In addition, WTTC …

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Azerbaijan, Georgia To Boost Joint Border Goods Transport

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Transportation of goods through the Azerbaijani-Georgian border will be greatly accelerated, UN Resident Coordinator in Azerbaijan Ghulam Isaczai told reporters May 5. Isaczai is taking part in a conference in Baku dedicated to the ‘Support to the development of the Red Bridge Border Crossing Point between Azerbaijan and Georgia’ project. …

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