Economy

Threats from Russia and Response

Having banned air flights to Georgia and introduced a tourism embargo, the Russian Federation plans to set up sanctions against Georgian wines, too.

Russia Applies Significant Economic Instruments to Stage Political Pressure

A PhD in Economics, Rati Abuladze, appraises the social, economic and political aspects of Georgia-Russia relations.

Tbilisi Silk Road Forum To Take Place in October

Georgia will host Tbilisi Silk Road Forum, on October 21-23, 2019, in Tbilisi, Georgia.

World Bank Appoints New Regional Director for the South Caucasus

Mr. Sebastian Molineus has been appointed World Bank Regional Director for the South Caucasus effective July 1, 2019.

International Trade in Figures – Georgia and the World

According to Munich Economic Research Institute (IFO), in 2018 Germany, Japan and Russia recorded the best trading indicators on international markets.

German Company to conduct Prefeasibility Study on Development of Batumi International Airport

International consulting company TH Airport Consulting will assist United Airports of Georgia to conduct a feasibility study on the development of Batumi airport over the next 10 years.

Successful 5 Months for Exports

In January-May 2019, Georgia’s foreign trade turnover (excluding undeclared trade) made up 4,959.4 million USD, up 1.1% compared to the same period of 2018.

Why Does Georgia Fail to Make Use of Valuable DCFTA Opportunities?

Georgia fails to take advantage of valuable  DCFTA opportunities, the German Ambassador to Georgia, Hubert Knirsch, noted.

Agriculture in Figures – Georgia and the World

According to the UN Food and Agriculture Organization (FAO), about 1 billion people are engaged in the agricultural sector.