The Georgian Parliament has not yet begun to discuss the draft amendments to the law on the sale of agricultural land, which should resolve the issue of sale of land to foreign citizens – a corresponding project has already been prepared by the Ministry of Justice and sent to the …

According to the Minister of Economy of Georgia Giorgi Kvirikashvili, negotiations are not underway regarding the opening of rail traffic on the territory of Abkhazia. “I have familiarized with a statement made by the Deputy Minister of Transport of Armenia about the possible opening of the road. As I understand, …

Major pharmacy chains GPC and Aversi  claim that despite the introduction of a system of sale of  a large number of medicines by prescription, small pharmacies still continue to sell drugs without prescription  while  prices of medicines in such cases are significantly higher than in pharmacies observing the new law. How …

Billions of dollars have secretly passed through Luxembourg, the heart of the EU, an investigation by journalists has unearthed in leaked documents. PepsiCo, IKEA, FedEx and 340 other international companies use the tiny country to slash their tax bills. The 1,000 square mile country sandwiched between France, Germany, and Belgium …

Georgian companies producing alcoholic beverages ask the state to pay more attention to them. According to Zaza Tabagari, a consultant for strategic planning of Gomi,  the entry into the  foreign market requires  very large amounts, for this reason the brand  is not able to carry out large-scale activities. Currently, the company exports …

Plans of the pharmaceutical company Aversi for a multi-profile clinic project have been stalled, as a result of which, the company is experiencing financial losses. “Commersant” was told at  the company; as they note,  until  the refugees problem is solved, the 500-bed project will not be launched. Aversi is waiting …

In an interview with Tert.am, a Deputy Minister of Transport admitted that closed negotiations are now under way over the relaunch of the Abkhazian railway, with Armenia being directly involved and actively interested in the process. Arthur Arakelyan said he finds that the question pursues more political rather than economic interests, adding that the recent …