Economy

National Forestry Agency and Centre for International Cooperation and Development of Slovenia Formed Grant Agreement

Grant Agreement is signed by National Forestry Agency and Centre for International Cooperation and Development of Slovenia.

16 Million Dairy Farming Program Started in Georgia

The support program of dairy-farm has started in Georgia. The program is funded by a $ 16 million loan from the International Fund for Agricultural Development (IFAD).

Top Producs Georgia Exports During Covid-19 Pandemic

Net exports from Georgia decreased by 1.7% in the first quarter of 2020 and amounted to USD 539.5 million.

Exports See 5.9% Plunge, Imports Shrink 1.4%

In January-March 2020, Georgia’s foreign trade turnover (without undeclared trade) constituted $2 773.9 million, down 2.7% year on year.

Georgia Doubles Automobiles Re-Exports to Azerbaijan to $79 million

In January-March 2020, Georgia grew automobile re-exports to Azerbaijan by 131% to $79.2million, according to Geostat, the national statistics service of Georgia.

Ucha Seturi: 5G Establishment will Lower Internet Tariffs

“Internet tariffs will decline after we introduce the 5G Technology”, Ucha Seturi, director of the Georgian Association of Small and Medium Operators told Business Partner TV Program.

Oil Products Market and Forecasts

Extreme Plunge in global oil prices  and fuel prices on the domestic market at Business Partner.

Gela Khanishvili: We Can Increase Wheat Production in Georgia to 400,000 Tons

The Deputy Minister of Environment and Agriculture spoke about the prospects for the development of food safety and agro-sector development in the "Business Partner Four" program.

Subtropical Fruit Harvest Increased in Georgia

Subtropical fruit production has increased in Georgia. According to Geostat, last year there were 20,400 tons of subtropical fruit harvest in the country, which is 27.5% higher than the same period last year.