Georgia plans to sign Free Trade Agreement with Hong-Kong after China. According to Ministry of Economy, first round of negotiations is already opened. The meeting is held in Hong-Kong. Georgia regards, that negotiations should be continued through 2 years. To remind, Georgia has finalized negotiations concerning the free trade agreement with …

Georgian contemporary artist’s Beso Uznadze solo project will be represented in Saatchi Gallery in London, at the START international art fair. Representative of the project is gallery Project ArtBeat. START is a platform that shines a spotlight on emerging artists and new art scenes. Organized by Parallel Contemporary Art and Saatchi Gallery, …

On Sunday, Fouad Baka of Algeria finished a 1500-meter race in just 3 minutes and 49.59 seconds at Maracanã Stadium in Rio de Janeiro. That’s fast, so fast that if Baka had finished with that time at that exact stadium in August, he would have beat out Matthew Centrowitz Jr. …

I am glad to see how effectively the Government of Georgia has been working to turn Georgia into a country that offers diverse tourism opportunities,” said Taleb Rifai, Secretary-General of the World Tourism Organisation (UNWTO), at the first session of the first Global Conference on Wine Tourism, organised by the …

Over the past years unsanitary problems were creating key challenges to the Ajara seasides. In previous years, the local Authorities were failing to meet tourism seasons with clean environment and save tourists from unsanitary effects. Like the previous years, tourists declare this year that seasides are polluted by household wastes …

“The Georgian consumer has started sales of excessive electricity generated”, the project was launched several months ago and the electricity has been already supplied to first clients. The GNERC member Giorgi Fangani told the Business Contact that Ilia State University spares 23 000 GEL thanks to solar panels’ power. The …

Pre-construction works at the area of Anaklia Port are in active phase. Executive director of “Anaklia Development Consortium” has declared to GBC, that  underwater geological works are being conducted at the area, which is carried by one of the best Dutch maritime construction company in the world “Van Oord”. The …

Georgia produced french fries will appear on the market from November. Factory is under construction in Akhaltsikhe village Muskha. Director of the responsible company Freco, Irakli Kurdadze told Businesscontact that factory is due to open in the near future. Fries will be made by collected potatoes from local farmers, however …

Georgian Industrial Group (GIG) intends to purchase KazTransGas company and due negotiations are underway, Deputy Energy Minister of Georgia Mariam Valishvili said. “According to my information, the parties are negotiating the issues, but I am not aware  of details”, Valishvili told the Business Contact. At this stage, the Kazakh party …

Envisaging current conditions at the market, TBC regards extend as a critically important step for the development. “For Georgia, which population is less than 4 million, it is critically important to be a big financial institution and have large scales in order to become more effective and offer your clients …

“The Chinese aren’t coming, they’re already here.” I’ve been told this repeatedly as I’ve traveled across Eurasia looking into Chinese investments along the New Silk Road. But it’s not just trans-continental highways and rail lines, industrial and special economic zones, and new cities that China is interested in pumping money …

Fitch Ratings international rating agency has confirmed the Partnership Fund’s rating at BB-Stable level. The agency has published the Partnership Fund’s rating on September 8. According to the agency press release, the Fund’s long-term foreign currency rating is BB, while the long-term domestic currency rating is BB-; the short-term foreign …