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Tag Archives: georgia

Genady Arveladze: Demand on Exported Products from Georgia has Increased

Genady Arveladze: Demand on Exported Products from Georgia has Increased

Exports from Georgia keeps growing trend. Products of 1.940 billion USD were exported on the foreign markets in nine months, 28.3% more than last year. According to Genadi Arveladze, the Deputy Minister of Economics, export of following products from the largest export groups have significantly increased: Ferro-alloys (97%), copper ores …

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BBC: The Rusty Soviet ‘Flying Cabins’ of Georgia

The mines of a small Georgian town sit high above the valley below – and the fastest way up is by a rickety collection of ancient cable cars. The rusty cable cars of Chiatura, in the former Soviet republic of Georgia, haven’t been updated or replaced since they were built …

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Iran- Georgia B2B Forum on Technological Cooperation in Tbilisi

According to the public relations and information center of the Vice-Presidency of Iran  for science and technology affairs, business-to-business forum of technological products of Iran is the title of the first technological event of Iran in Georgia. This event is established for maximum use of power of technological and knowledge-based companies …

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Georgia Fulfills All Criteria of IMF Program

Georgia has fulfilled all criteria determined by IMF program, most part of them in excess, IMF mission head Mercedes Vera Martin noted at the briefing dedicated to completion of the first review of IMF program. “Georgia’s economic program has started in impressive way. Reasonable policy and high economic growth of …

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The IMF Increased Economic Growth Forecast to Georgia

The IMF Increased Economic Growth Forecast to Georgia

The International Monetary Fund (IMF) sees a positive dynamic in Georgian economy. The Fund increased economic growth forecast of Georgia from 3.5% to 4.5%. Growth is in the predictions of 2018, from 4% to 4.2%, – Mercedes Vera-Martin, head of the International Monetary Fund (IMF) mission declared at the briefing held …

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Georgia, Kazakhstan Plan to Enter EU, Chinese Markets Together

Georgia and Kazakhstan intend to combine their efforts to enter of European Union and China, Georgian Economy and Sustainable Development Minister Giorgi Gakharia said, kyivpost reported. “We discussed how our free regimes could help each other improve the quality of our cooperation to enter such third markets as the European Union …

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Forbes: Georgia’s Tourism Strategy is Starting to Pay Off

Forbes: Georgia's Tourism Strategy is Starting to Pay Off

Georgia takes its tourism seriously, very seriously. Just ask Jesper Black. When the Dutch tourist landed at Tbilisi International Airport becoming the country’s six millionth visitor in 2016 he was whisked away in a Mercedes sedan for a red carpet welcome and private dinner with Prime Minister Giorgi Kvirikashvili. The …

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Turkmenistan Expands Trading Ties with Georgia

The opening ceremony of the Tbilisi Sea Plaza shopping mall was held in Tbilisi, Georgia, the Turkmen Foreign Ministry said in a message. According to the message, “Turkmenistan” store with a wide range of textile products, carpets and rugs, souvenirs, was opened in the shopping mall. Georgian Prime Minister Giorgi …

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Tourism Growth Achieved 28.8% in Georgia

Tourism Growth Achieved 28.8% in Georgia

The number of international visitors is growing in Georgia. The country was visited by 5.822 billion international visitors through 9 months, more than 19.2% comparing to the previous year. The number of those entities has been increased who stayed in Georgia for 24 hours and more. The number of tourists …

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Georgia’s Economic Competitiveness Shrink

Georgia Loses 8 Positions in Global Competitiveness Index World Economic Forum (WEF) has published the 2017-2018 report for Global Competitiveness Index. The document explores competitive capacity of 137 countries and Georgia ranks 67th among them. According to the 2016-2017 report, Georgia ranked 59th, that is the country has lost 8 …

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