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Tag Archives: georgia

Istanbul to Host Azerbaijan-Turkey-Georgia Business Forum

The fifth Azerbaijan-Turkey-Georgia business forum will be held on November 16 in Istanbul, said a message posted October 29 on the Turkish Foreign Economic Relations Board’s website. The forum will be attended by Azerbaijan’s Economy Minister Shahin Mustafayev, Georgia’s Minister of Economy and Sustainable Development Dimitry Kumsishvili, Turkey’s Economy Minister Nihat …

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Meeting of Georgian President and Azerbaijan’s Minister of Economy

With greetings from the President of Azerbaijan, Shahin Mustafayev, Azerbaijan’s Minister of Economy, and Giorgi Margvelashvili, President of Georgia, held a meeting in Tbilisi. Additionally, Azer Huseyn, the Ambassador of Azerbaijan in Georgia, attended the meeting. The meeting discussed the political, economic and defense cooperation between the two countries. Furthermore, …

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Centuries of Preserved Shipwrecks Found in the Black Sea

Centuries of Preserved Shipwrecks Found in the Black Sea

The unique conditions of the sea’s depths have made it possible to discern chisel marks on some of the vessels. An international team of sailors and scientists surveying a sector of the Black Sea for clues about how prehistoric humans responded to rising sea levels have found something much different—41 …

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Georgia’s Vice Minister of Economy Speaks in Dubai

Ketevan Bochorishvili, Georgia’s vice minister of economy and sustainable development, joined the politicians of Dubai and Lebanon to discuss Georgia’s progress on implementing gender equality in the Georgian workforce. The politicians discussed the issues at The Global Women in Leadership Economic Forum in Dubai. The question considered by the panel …

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TeliaSonera to Withdraw from Georgia in 2017

TeliaSonera to Withdraw from Georgia in 2017

TeliaSonera reaffirms plans for withdrawing from Eurasia Region. TeliaSOnera wrote in midterim report of September 2016 that TeliaSonera Fintur Holdings shares are in the process of differentiation and this is part of reduction of representation in Eurasia Region, its announced plan. After discussions of several months, agreement has been achieved …

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Georgia Among Top Global Improvers, Says Latest Doing Business Report

Georgia Among Top Global Improvers, Says Latest Doing Business Report

Georgia received a ranking of 16 among 190 economies in Doing Business 2017: Equal Opportunity for All, released today. This year, the country also showed an improvement in the distance to frontier[1] score of 2.48 percentage points; currently 80.20 percent compared to 77.72 percent the previous year. In the region, …

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Georgia’s “Seasonal Curse”: Andrei Maximov

georgia-seasonal-tourism

There are quite many countries around the world that had a tremendously “bad luck”: their territory holds large deposits of some natural resources inside their borders (be it oil, gas, diamonds, non-ferrous or precious metals). These unlucky countries are plagued by the so called “resource curse” or “paradox of plenty”. …

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BP Regional Manager, Georgian PM Mull Shah Deniz-2 project

Gordon Birrell

Georgia’s Prime Minister Giorgi Kvirikashvili met with BP Regional President for Azerbaijan, Georgia and Turkey Gordon Birrell Oct. 24, Georgia Online reported citing the prime minister’s office. During the meeting, an exchange of views was held on ongoing BP projects, which are being implemented in the region and Georgia. The …

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EBRD to Allot 6 million EUR to Georgia for Constructing Bridge with Armenia

EBRD to Allot 6 million EUR to Georgia for Constructing Bridge with Armenia

European Bank for Reconstruction and Development (EBRD) plans to finance modernization and reconstruction of Georgia-Armenia frontier point. The loan agreement for Bagratasheni bridge construction on Georgia-Armenia border was signed on November 23, 2012. Under the agreement, EBRD will allocate 10.3 million EUR to Armenia, while EBRD is discussing issue of …

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Azerbaijan may Export up to 700 Million MW through Georgia

Azerbaijan may Export up to 700 Million MW through Georgia

Electricity export from Azerbaijan via the Azerbaijan-Georgia-Turkey energy bridge may reach 700 million megawatts, said Azerbaijani Energy Minister Natig Aliyev in his article published by the official press Oct. 20. “The work on the creation of the Azerbaijan-Georgia-Turkey energy bridge is continuing,” noted Natig Aliyev. “The project will allow integrating …

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