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Tag Archives: trade

Georgia’s Foreign Trade Turnover Rose in January-June

In January-June 2017 Georgia’s foreign trade turnover (excluding undeclared trade) constituted 4829.9 million USD, up 13.8% as compared to the same period of 2016. According to Geostat, national statistics service of Georgia, exports constituted 1249.5 million USD (up 31.8%), while imports marked 3580.3 million USD, up 8.6%. Negative trade balance …

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Armenia and Georgia set to Expand Bilateral Trade

Armenia and Georgia set to Expand Bilateral Trade

The commerce and industry chambers of Armenia and Georgia signed today a memorandum on cooperation in Yerevan in the presence of the ministers of economy of both countries. Speaking to reporters, Martin Sargsyan, the head of the Armenian Chamber of Commerce and Industry, said the volume of commodity exchange between …

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Georgia’s Trade Turnover with Azerbaijan Grows

Georgian Minister of Economy and Sustainable Development has held the fist meeting with President of Azerbaijan Ilham Aliev. The parties discussed bilateral trade-economic relations and transit potential development perspectives. The parties noted that over the past 4 months Georgia-Azerbaijan trade turnover has grown and this tendency will be continued. “Energy …

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In January-April Georgia’s Foreign Trade Turnover Rose by 17%

trade turnover

In January-April 2017 Georgia’s foreign trade turnover (excluding undeclared trade) made up 3091 million USD, up 17% year on year. According to preliminary indicators of Geostat, national statistics office of Georgia, exports constituted 788 million USD, up 30% and imports marked 2 303 million USD, up 13%. Negative trade balance …

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The Government is Preparing for Free Trade with India

The Government is Preparing for Free Trade with India

The government is preparing for Free Trade Agreement with India. Georgian Prime Minister has announced on implementation of preliminary research at the government session on Thursday, – “which will estimate all factors and potentials, which are related to the Free Trade Agreement” and should be ready in several months. Delegation …

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Medef International Company Meets with Georgian Government and Business Officials

A delegation of 28 representatives of MEDEF International company will pay a working visit to Georgia. The delegation of directors and representatives of various companies, major groups, small and medium businesses represent 10 various sectors: banking, housing and infrastructure, telecommunications, transport, urban and outdoor, defense, energy, consulting, agriculture. The delegation …

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Turkey, Azerbaijan May Soon use National Currency in Trade

Turkey and Azerbaijan continue technical discussions on the draft of the preferential trade agreement, Turkish Minister of Science, Industry and Technology Faruk Ozlu said at the 5th Turkey-Azerbaijan-Georgia business forum in Istanbul. Ozlu expressed hope that the volume of mutual trade in the national currency between Azerbaijan and Turkey will …

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