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Tag Archives: georgia

EU and FAO Experts Evaluate Food Loss and Waste in Georgia

EU and FAO Experts Evaluate Food Loss and Waste in Georgia

Exchanging experience and information on food loss and waste reduction in Georgia was the main objective of the stakeholders’ consultation workshop held on 24 May 2017 in Tbilisi. The workshop was organized by the European Union (EU) and Food and Agriculture Organization of the United Nations (FAO) within the European …

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Russia Becomes Georgia’s Major Exports Market

In January-April 2017 Georgia’s exports to Russia made up 125 189 800 USD. This  volume of exports has made Russia Georgia’s number one exports market. According to Geostat, national statistics service of Georgia, in the reporting period Georgia exported 54.5 million USD ferro-alloys. Top five exports items also comprise: natural …

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Iranian Ambassador: Georgia and Iran May Exchange Electricity

Iranian Ambassador: Georgia and Iran May Exchange Electricity

“Iran is capable of satisfying Georgian market’s demand for natural gas and oil and a supply of energy carriers, in general”, Iranian Ambassador to Georgia Seyed Javad Ghavamshahid told Business Course. We have bilateral interests, because Georgia may become Iran’s important partner in terms of production and trade, the Iranian …

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Georgia Looking for Export Markets for its Meat

Georgia Looking for Export Markets for its Meat

Georgia wants to become a meat exporting country and is looking for export markets. The Minister of Agriculture Levan Davitashvili says that the country is actually able to do this and if the key markets are opened for entrepreneurs, it will support the full cycle of production. As he notes, …

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IMF: Partnership Fund is one of the Sources of Fiscal Risks

IMF: Partnership Fund is one of the Sources of Fiscal Risks

International Monetary Fund (IMF) names fiscal risks reasons. Francois Painchaud, resident representative of IMF in Georgia, noted that the so-called PPP projects may inspire a growth in fiscal risks. IMF also considers Partnership Fund of Georgia to be one of the inspiration factors for fiscal risks. “State debts started growing since …

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Sinosure to Insure Businesses of Chinese Partner Companies of the Partnership Fund

Sinosure to Insure Businesses of Chinese Partner Companies of the Partnership Fund

The Partnership Fund begins to cooperate with the largest Chinese state owned enterprise Export & Credit Insurance Corporation “Sinosure”. David Saganelidze and the Chinese company’s top management discussed future cooperation issues. The Chinese corporation will give recommendations to the Partnership Fund in the establishment of the export agency. Agreement will be signed for …

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Indonesia Wants to Import Agricultural Products from Georgia

Indonesia Wants to Import Agricultural Products from Georgia

Indonesia wants to import agricultural products from Georgia. Fadli Zon, the Vice-Speaker of Parliament of Indonesia declared about the issue, who met the first deputy minister of agriculture Nodar Kereselidze. Nodar Kereselidze focused on the growth of Georgian agricultural products and its export potential. Indonesia wants to carry out import …

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Cost of Living Hits Historical Maximum of 170 GEL

Cost of living recorded a historical maximum and marked 170.8 GEL in April 2017. The indicator has risen by 1.1 Gel month on month and by 9.6 GEL year on year. According to Geostat, national statistics service of Georgia, in April 2016 the cost of living of an averaged consumer …

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