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Tag Archives: trade

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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Major Deal Made on Nikora Trade Bonds


A major deal has been made on Nikora Trade bonds. About 200 bonds were sold through the so-called fixing instrument.  Price for each bond marked 1040.55 USD. Total value of the deal constituted 208 110 USD. This is the largest deal made ever on Nikora Trade bonds. Bonds coded as …

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Georgian Honey with No Perspective on European Market

Georgian Honey

Georgian Honey has been admitted to EU market after EU completed all formal procedures and included Georgia in the list of third countries, from where honey imports are admitted to EU space.  Ministry of Agriculture of Georgia has carried out important measures for developing beekeeping field and stimulating exports of …

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Iran-Azerbaijan-Georgia Corridor to Launch in 1 Month


Iran, Azerbaijan and Georgia are carrying out a plan to make operational a long-overdue corridor that will carry shipments from the Black Sea – between Eastern/Southeastern Europe and Western Asia – to the Persian Gulf in the southeastern Middle East. The announcement was made by Deputy Head of the Islamic …

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