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Tag Archives: georgia

Business Sector Creates 12 600 New Job Places in 3Q17

In the third quarter of 2017 the business sector created 12 600 new job places (+6.3%), as compared to the same period of 2016. In the reporting period, the business sector had employed 643 900 citizens, according to Geostat, national statistics service of Georgia. 35.9% of total number of employees …

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WB Allocates Additional Finances for Highway Improvement

World Bank

The World Bank (WB) has allocated additional financial resources for East-West highway corridor improvement. Government of Georgia and IBRD have signed an agreement on Additional Financing of East-West Highway Corridor Improvement Project. The document was signed by Minister of Finance Mamuka Bakhtadze and WB regional director in South Caucasus Merci …

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Georgian Wine Breaks Guinness World Record

Georgian wine has just broken Guinness world record, official webpage announced. Chemical evidence of wine, dating back to 6000–5800 BC, was obtained from residues of ancient pottery excavated in the archeological sites of Gadachrili Gora and Shulaveris Gora, about 50 km south of Tbilisi in Georgia. The wine residues were …

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Sheikh Nahayan: We will Double Investments in Georgia

Sheikh Nahayan

In several years UAE will double investments in Georgia, Minister of Tolerance of United Arab Emirates (UAE) noted at the Silk Road Forum in Tbilisi. Airports, seaports, real estate – UAE will make investments in these fields. Over the past years, Georgia-UAE relations have deepened in tourism and commerce fields, …

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Who Will Participate in Tbilisi Belt & Road Forum?

Tbilisi hosts one of the largest events Belt & Road Forum, gathering more than 2000 participants on November 28. Day 1 will provide opportunities to discuss a full spectrum of issues related to trade in five panel discussions, while Day 2 will focus on private sector dialogue and investment opportunities …

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IMF COUNTRY FOCUS – Georgia Growing

IMF COUNTRY FOCUS – Georgia Growing

Georgia is in the focus of the International Monetary Fund (IMF). The Vice Prime Minister of Georgia and the President of the National Bank of Georgia (NBG) are responding to the IMF questions on the current situation and perspectives in the country. The interview was held during the annual meeting …

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New Professions to Boost Agriculture in Georgia

The conference about new agriculture professions in Georgia will be held on Wednesday, November 22, 2017, 14:30, at Marriott Courtyard Hotel (4 Freedom Sq., Tbilisi). The event is organized by the Ministry of Education and Science and Ministry of Agriculture of Georgia, with support from the United Nations Development Programme …

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External Trade of Georgia Rises in Value

Economy Ministry Predicts Export Growth

In January-October 2017 external merchandise trade (excluding non-declared trade) in Georgia amounted to USD 8566.1 million, 12.7 percent higher year-on-year. The exports equaled USD 2203.1 million (29.4 percent higher), while the imports stood at USD 6363.0 million (7.8 percent higher). The negative trade balance was USD 4160.0 million in January-October …

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Children Need Healthy Internet Environment

Children Need Healthy Internet Environment

Georgia has self-regulated Internet space, free of censorship and restrictions. The country has viable cyber security level with a high level of freedom of speech and expression, intellectual property and copyrights are protected. The Internet space policy is designed for stimulation of development and democratic initiatives. However, it should be …

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