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China to Allocate 7 million USD to Georgia for Financing Youth Hubs in Regions


Government of China plans to allocate about 7 million USD to Georgia for financing youth hubs in regions, as part of Georgia-China government agreement on economic and technical cooperation. Under the agreement, People’s Republic of China agrees to allocate 50 million Yuan assistance to Georgia for promoting healthy lifestyle, entrepreneurship …

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The Reasons Government Fails to Regulate Financial Pyramids

Last week the damaged depositors held protest rally in front of the Parliament’s building. They accuse the Authorities of indifference to their problems. At the same time, the parliament’s group that was created to protect the depositors’ rights and work on improving the legislative gaps has made no progress in …

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Economic Growth Pace Dropped 2.5 times in April

Georgia’s economic growth pace sharply declined in April, as compared to March indicators. However, the January t April indicators are positive, anyway. According to early report by Geostat, national statistics service of Georgia, in April real GDP growth pace made up 2.1%. Averaged real upturn in the first quarter of …

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Kaladze Highlights Azerbaijan’s Role in Ensuring Georgia’s Energy Security

Kakha Kaladze

Azerbaijan plays an important role in ensuring Georgia’s energy security, First Deputy Prime Minister of Georgia, Energy Minister Kakha Kaladze said. The Deputy Prime Minister named Azerbaijan a strategic partner, APA reported. “We today depend on Azerbaijani gas. Currently, Georgia purchases gas from only Azerbaijan. This is important for us. …

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Uzbekistan Keen to Join Trans-Caspian Transport Route

Tashkent hosted a roundtable discussion titled “The Trans-Caspian International Transport Route and Sea Ports of Kazakhstan,” the Kazakh national railway company Temir Zholy said May 25. The event was attended by officials of leading transportation and logistics companies, diplomatic missions and business entities of Uzbekistan, Azerbaijan, Kazakhstan, Georgia, China and …

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