Economy

International Airports of Tbilisi and Batumi Move to Limited Mode of Operation

Tea Zakaradze, deputy of general manager of TAV Georgia declared, that international airports of Tbilisi and Batumi are moving to limited mode of operation.

Electricity Consumption Increased in Georgia by 9.9% in February

Electricity consumption in Georgia in February increased by 9.9 percent compared to the same period last year and amounted to 149.23 million kWh.

Georgia Started Exporting Frozen Fish to Azerbaijan

Georgia started exporting frozen fish to Azerbaijan. In January-February, $ 1.72 million worth of fish was exported to the neighboring country.

Only Georgian Airways to Operate in Georgian Airspace

Only Georgian Airways will fly in Georgian airspace.

Georgia Sees Increase in Exports by 4.5% in January-February

Georgia's foreign trade turnover in January-February 2020 is $ 1,853 billion 6% higher than in the same period of 2019.

Georgian-Azerbaijani Economic Cooperation

The attractiveness of investment and investment prospects amid the  challenges posed by the coronavirus in 2020 – Zviad Chumburidze, secretary general of the EU-Georgia Business Council, discussed these issues on Business Partner. 

Agriculture Minister: The Country Has Enough Reserves of Tinned Products. Growing Demand Cannot Generate Deficit

Georgian Agriculture Minister Levan Davitashvili has met with directors of three major canneries – Marneuli Food Factory, KULA and Kaspi Cannery.

Prime Minister Instructs Agriculture Ministry to Keep Prices Unchanged on Seven Key Products

As noted by Irakli Chikovani, the Prime Minister’s advisor, the Agriculture Ministry and business sector will develop a new mechanism to minimize changes of product prices.

EBRD Reveals €1 Billion Emergency Coronavirus Financing Package

The EBRD has unveiled an emergency €1 billion “Solidarity Package” of measures to help companies across its regions deal with the impact of the coronavirus pandemic.