Home / 2016 / June / 20

Daily Archives: June 20, 2016

Southern Gas Corridor: Infographics

Southern Gas Corridor: Infographics

The Southern Gas Corridor is one of the priority energy projects for the EU. The project is aimed at diversification of the routes and sources of energy supply and thereby increase EU’s energy security. The corridor envisages the delivery of gas from Azerbaijan’s Shah Deniz gas and condensate field to …

Read More »

Medications Top List of Georgia’s Major Import Items

In January-May 2016 medications ranked first in the list of Georgia’s major imports items with 748 million USD imports and 23% ratio in total portfolio. Oil and oil products rank second with 186 million USD imports and 6% ratio, according to the Geostat report. Motorcars rank third with 178 million USD …

Read More »

66 Georgian Wines Win at 2016’s Decanter World Wine Awards

66 Georgian Wines Win at 2016's Decanter World Wine Awards

The 2016 Decanter World Wine Awards (DWWA) results were officially announced on June 16. 66 Georgian wines have been awarded in this year’s competition, which is a huge progress compared to 28 and 35 awarded wines in 2015 and 2014, respectively. Quality of awards has also progressed significantly compared to previous years. …

Read More »

Georgia: China’s Way Into the Caucasus

Georgia-China

Georgia has an unenviable position in the Caucasus. Torn between Russia and the West, its people demand security and prosperity. China’s rapidly growing presence in Georgia opens up the interesting possibility of a third player in the South Caucasus. Despite Georgia’s best hopes, however, Russia and China could just as …

Read More »

Azerbaijan’s SOCAR Trading keen to Work in Latin America

Azerbaijan’s SOCAR Trading keen to Work in Latin America

SOCAR Trading SA, the marketing arm of the State Oil Company of Azerbaijan Republic (SOCAR), plans to enter the Latin American market, the company’s CEO Arzu Azimov said June 20 in his interview with the Swiss French-language newspaper L’AGEFI. “Recently, we have opened two branches in Calgary (Canada) and Houston …

Read More »

Georgian Mineral Water Discovers New Sales Market in South Korea

JSC Tskali Margebeli manufactures various sorts of lemonade, cold tea and cold coffee. In the near future, Nabeghlavi mineral water will be sold in South Korea too, JSC Tskali Margebeli exports manager Levan Chikovani told the BusinessPressNews. The company takes constant efforts to find new sales markets and expand the exiting …

Read More »

TREEPEX” to Change the Idea of Purchasing

TREEPEX” to Change the Idea of Purchasing

CBW is presenting the interview with Bacho Khachidze, one of the founders of the project “TREEPEX”, that will change the idea of purchasing. The project takes into account the promotion of the Georgian species of trees’ growth and country’s ecological development. Tell us briefly about your business activities. What is “Treepex”? When …

Read More »

Iran’s Spare oil Production Capacity Limited – Expert

Iran’s Spare oil Production Capacity Limited - Expert

Iran’s spare oil production capacity is quite limited, Kamran Dadkhah, an associate professor in the Department of Economics at the US Northeastern University, expert on Iran believes. “Prior to the Islamic revolution [in 1978-79] Iran produced 6 million barrels per day. On that basis Iran has close to two million …

Read More »

European Commission Prohibits 216 Airlines to Perform Flights to Europe

The European Commission has published the list of airlines that have been banned to perform flight to the EU countries because of violation of international safety norms. According to the Atorus.ru, the European Commission has imposed restriction on 216 airlines, including 214 ones were subjected to restriction after the countries …

Read More »