Paata Lomidze, Director General of the insurance company GPI Holding, says if the Estonian model of taxation of profits, will apply to the insurance sector, this will boost the sector development and growth.
According to Geostat, the national statistics service of Georgia, according to the fourth quarter of 2018, average salaries in Georgia made up 1202 GEL, up 61 GEL year on year.
South Korea plans to shape a special delegation for enhancing economic ties between Georgia and Korea.
Government of Georgia plans to develop the mediation institute.
The price of Russian natural gas has cheapened for the private sector, under the new contract agreement with GazProm, Natia Turnava, Deputy Minister of Economy and Sustainable Development of Georgia, noted.
Foreign direct investments in agriculture sector and fishing industry have increased by 29%.
With the support of the EU, a new ecotourism attraction – an adventure park – will be set up in Georgia’s Algeti National Park.
Agreement between the Government of the Republic of Korea and the Government of Georgia on Economic Cooperation was signed.