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Winery Khareba to Open Hotel in Kazbegi

Winery Khareba is planning to open a hotel on the way to Trinity Church in Kazbegi. They declared in the company that the construction is practically completed and there are currently trying to locate necessary equipment in the hotel. The hotel will be officially opened in about a month. According …

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AmCham: Removal of Article 94 from Basic Law is Bad Message for Investors

Removal of article 94 from the basic law, which bans a growth in taxes without referendum, will send bad massage to international investors, because business needs stability and article 94 guarantees this stability, Michael Cowgill, head of American Chamber of Commerce in Georgia, noted. “First of all, business needs guarantees …

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AmCham Criticizes Restrictions on Land Sales to Foreign Citizens

American Chamber of Commerce has expressed extremely negative position regarding the announced restrictions of land sales to foreign citizens, AmCham head Michael Cowgill told Business Course. “We have many members, who own lands fully or partly, and therefore, they will suspend their investment projects. Agriculture sector has huge potential in …

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