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Daily Archives: November 29, 2017

Silk Road will to Replace the Kars-Akhalkalaki Railway

Dimitri KUmsishviliDimitri KUmsishvili

“The Silk Road will not replace the Kars-Akhalkalaki Railway,” – the First Vice Prime Minister, the Minister of Economy and Sustainable Development of Georgia stated at the Tbilisi Belt & Road Forum. “The Kars-Akhalkalaki Railway represents one of the branches of the Silk Road. It is the line that will …

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Georgian Wine Breaks Guinness World Record

Georgian wine has just broken Guinness world record, official webpage announced. Chemical evidence of wine, dating back to 6000–5800 BC, was obtained from residues of ancient pottery excavated in the archeological sites of Gadachrili Gora and Shulaveris Gora, about 50 km south of Tbilisi in Georgia. The wine residues were …

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EIB to Allocate 8 Billion Euros for the Eastern Partnership Countries

The Vice-President of the European Investment Bank has addressed the Silk Road Forum of Tbilisi. Vazil Hudak talked about the importance of the Forum held in Georgia and introduced the society with the completed and future projects. According to the Vice President of the European Investment Bank, EUR 8 billion …

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Georgian Industrial Group Enters Uzbekistan

Georgian Industrial Group to enter market of Uzbekistan, CEO of GIG Zurab Gelenidze announced during his speech at Tbilisi Belt& Road forum, bm.ge reports. He talked about the company’s expertise on the panel and noted that the company’s main activity is electricity generation. According to him, the GIG group operates …

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China-Georgia FTA Takes Effect From January

The China-Georgia Free Trade Agreement will take effect on January 1, 2018, according to a post on the website of China’s Ministry of Commerce (MOFCOM). Signed in May this year, the agreement has completed the examination procedures in both countries, enabling it to come into effect at the beginning of next year, …

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PASHA Bank Supports the Silk Road Regional Trade Finance Forum

November 30th, 2017, Tbilisi Marriott Hotel – The International Chamber of Commerce (ICC-Georgia) in cooperation with ICC China will hold the Silk Road Regional Trade Finance Forum. PASHA Bank being the sponsor of the event will also be represented on the trade finance panel discussion. “PASHA Bank is a Baku-based …

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Opening Georgian Parliament to People with Disabilities

The Parliament of Georgia will rearrange its premises to ensure easy access for people with mobility and vision impairments. A concept note “Accessible Parliament for All”, which describes some major changes that will be introduced to the Parliament’s building in Tbilisi, was presented to the public on November 28, 2017.       …

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