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Tag Archives: georgia

Drone Manufacturer Chinese Company Considers Investments in Georgia

Drone Manufacturer Chinese Company Considers Investments in Georgia

Drone manufacturer, one of Chinese companies considers investments in Georgia. Georgian investment potential and plans have been discussed during the business trip of Partnership Fund to China. The Fund does not specify the name of the company at this stage and declare that more details should become known after the …

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Factsheets: ‘EU NEIGHBOURS east’ Annual Survey 2016 – GEORGIA

Factsheets: 'EU NEIGHBOURS east' Annual Survey 2016 - GEORGIA

This series of factsheets presents selected findings from the ‘EU NEIGHBOURS east’ Annual Survey 2016 – GEORGIA (1st wave conducted between April and June 2016). The factsheets focus on three main areas of the survey: Perceptions of the European Union Awareness and Effectiveness of EU Financial Support Sources of Information …

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Georgia to Store Real Estate Documents in Blockchain System

Georgia to Store Real Estate Documents in Blockchain System

Georgian will introduce the blockchain system in 2017 to enable citizens receive real estate extracts from there, Minister of Justice Tea Tsulukiani told the Business Contract. Georgia has attained full technical compatibility to join the Blockchain system, she said. “Thanks to efforts of Public Registry, Georgia is ready to join …

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Georgian Manganese Launches Product Exports to China

For the first in history Georgian Manganese has launched product exports to China. Since the company resumed extraction works, active works are underway for penetrating new markets. In 2017 the company will enhance its representation on various markets, Aleksandre Meladze, head of the company legal department, said. “This year was …

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Georgia: EU Monitoring Mission’s Mandate Prolonged for Two Years

The Council prolonged the mandate of the EU Monitoring Mission in Georgia, EUMM Georgia until 14 December 2018. It also allocated a budget of €18 million for the period from 15 December 2016 to 14 December 2017. The EUMM contributes to stabilisation, normalisation and confidence building between the conflict parties …

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Georgia to receive 450 mln EUR from EIB

Georgia to receive 450 mln EUR from EIB

European Investment Bank (EIB) will allocate 450 million Euros to Georgia for the development of road infrastructure, agriculture as a sector and production in agriculture at large. It was noted at the meeting of Mr. Jan Vapaavuori, Vice President of EIB with H.E. Giorgi Kvirikashvili, Prime Minister of Georgia today. …

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Turkey Offers Georgia to Trade in Local Currencies

President Erdogan repeats call for Turkey to convert mattress savings in foreign exchange into Turkish lira and gold. President Recep Tayyip Erdogan has said Sunday that Turkey has taken steps to do its foreign trade in its national currency. Speaking at an inauguration ceremony in the central province of Kayseri, …

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Road Transportation has Increased in Georgian Corridor

Road Transportation has Increased in Georgian Corridor

Rail transportation is declined in Georgian corridor, while road – increased. According to Ministry of Economy, cargo turnover has made up 34. 3 million t in Georgian corridor through 10 months, the figure is less by 1.6 million comparing to the previous year and less 5. 8 million t if …

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Georgian Lari Among the Best New Global Banknotes

Georgian Lari Among the Best New Global Banknotes

Georgian lari  has won Oscar of Paper Currency fordesign of monetary banknotes. “On the front is Queen Tamar, who ruled the country from 1184 to 1213, a period known as the “Georgian Golden Age.” The note has a holographic stripe and a magenta-to-green security thread”- writes Bloomberg. The International Bank …

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Tourism Stream Sustains Growing Trend in Georgia

Tourism Stream Sustains Growing Trend in Georgia

According to official statistics, 5864684 international travelers have visited Georgia, at that 2 536791 have stayed more than 24 hours. Respectively, number of tourists is increased by 19.3% in 11 months, while international travelers – 7.9%. Most of the visits were made from Azerbaijan, Armenia, Turkey, Russia and Ukraine through …

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