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Tag Archives: Giorgi Kvirikashvili

The MP Discussed Cooperation Prospect with China Tianchen Engineering Corporation

The MP Discussed Cooperation Prospect with China Tianchen Engineering Corporation

Georgian Prime Minister Giorgi Kvirikashvili met today with representatives of the China Tianchen Engineering Corporation (TCC). The parties discussed Georgia’s investment potential and prospects of cooperation. At the meeting, the growing dynamics of the economic and investment relations between Georgia and China were emphasized, and the importance of the free …

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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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A New Business Center to Open in Tbilisi

Prime Minister, Giorgi Kvirikashvili congratulated business association members on opening modern business center equipped with European standards and expressed his hope that it will become a base for interesting ideas and bring more investment in the country and help to fast economic development. “Exactly now, it is a moment, when …

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Content Borrowers, Discontent Economy: Government to Carry out Radical Reforms

Last week, at a government meeting, Prime Minister Giorgi Kvirikashvili noted that quick economic growth could not be achieved without radical decisions. He also expressed hopes that the Georgian society would meet new reforms with understanding for attaining economic breakthrough and progress. The reforms are approved by international organizations, the …

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Development Companies Dissatisfied with the Government’s Initiative

Development Companies Dissatisfied with the Government's Initiative

Some construction companies say the government’s initiative will be impediment to the real estate market development – in particular, the obligation to use the national currency in advertising primarily byconstruction companies which specify property prices only in dollars – including in ads. “A construction company can indicate the price per …

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Georgia To Ban Online Credit Services

Giorgi Kvirikashvili

According to the Prime Minister of Georgia, Giorgi Kvirikashvili, issuing online credits will be banned in the county. “Together with National Bank of Georgia, we are working on Consumer Rights law, and online credit services will be banned. I think it will have medium and long term effect”.

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Loans Till 100,000 Laris Will be Issued only in GEL

Lari GEL Loan

From January 2017, small loans equaling 100 000 laris will be issued only in GEL. Georgian PM Giorgi Kvirikashvili announced. In addition loan limit will increase till 200 000 GEL. According to him, a new commercial law will be introduced soon which will make inevitable to publish prices of goods and …

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Georgia to Have own Candidate to the Position of a Secretary General of UNWTO

Georgia to Have own Candidate to the Position of a Secretary General of UNWTO

H.E. Giorgi Kvirikashvili, Prime Minister of Georgia nominated H.E. Zurab Pololikashvili, Ambassador of Georgia to the Kingdom of Spain to the position of a Secretary General of the United Nations World Tourism Organization (UNWTO). Georgia will thus have its candidate nominated by H.E. Giorgi Kvirikashvili, Prime Minister of Georgia to …

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The MP Announces Regulations for Strengthening GEL

The MP Announces Regulations for Strengthening GEL

The Prime Minister announces regulations for strengthening and stabilization of GEL. The MP did not specify what measures should be taken by the new government jointly with the National Bank of Georgia. He linked another drop of GEL with the huge volume of negative trade balance. “Current changes are conditioned …

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New Enterprise Opens in Gremi Village

New Enterprise Opens in Gremi Village

A new enterprise, Saradjishvili Distillery, opens under the United Agro Project. Georgian Prime Minister Giorgi Kvirikashvili visited today this new enterprise, equipped with modern technology, in the village of Gremi. Giorgi Kvirikashvili expressed hope that the newly established enterprise will soon roll out top-quality products in the local market, and …

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Reconstruction of Sarajishvilis House Museum Completed

Reconstruction of Sarajishvilis House Museum Completed

The reconstruction of the Sarajishvilis House Museum in the village of Bakurtsikhe has been completed, with the addition of a new 12-room hotel to the museum complex. The opening ceremony of the renovated museum complex was attended by Georgian Prime Minister Giorgi Kvirikashvili who visited the restored house museum and …

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