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Parliament to Adopt State Tender Quotas for Small and Medium Business Sectors

Parliament of Georgia plans to discuss a bill on state tender quotas for small and medium business sectors.

MP Levan Koberidze, member of the parliament’s sectoral economy committee, announced plans on the bill development in February 2018, but the works were suspended since then.

On October 23 Levan Koberidze told the Commersant that this issue should be discussed anew after the government reshuffles. The parliament’s majority is discussing the mentioned idea.

Koberidze abstained from unveiling additional details.

“Naturally, we have consultations with the Government on these issues, as well as with small and medium business sectors. There are certain questions whether this protectionism may shape uncompetitive environment, but this should be a state policy. At the beginning we may have 5%, but some part of the tenders should be announced for small and medium business sectors. Why? It is clear that the major business has much more financial resources and it can offer dumping tariffs too and small business will not be able to take part in similar tenders. Therefore, this platform will provide a good opportunity for small business for development. This will be a system approach. This will be one of the key decisions that the parliament is expected to adopt in the near future… This program will be a necessary component until the ratio of small and medium business sectors in GDP rises to 60%-70%”, Levan Koberidze noted.