Economy

Swiss Cheesmaker Markus Racine Launches Swiss Agricultural School Caucasus

The Swiss regional newspaper Prättigauer und Herrschäftler published an article about Georgia with the title- cheesmaker Markus Racine moves to Georgia. 

Just in: PM Giorgi Gakharia Resigns

Giorgi Gakharia has made a decision to resign as the court sends United National Movement Chairperson Nika Melia to Pretrial Detention.

George Lakirbaia: Georgian Population is Receiving the Electricity Generated by Shuakhevi HPP daily basis.

The Shuakhevi HPP began operation in the spring of 2020, and the electricity it has generated has resulted in an 8% increase in the electricity generated by seasonal hydropower plants in Georgia compared to last year.

Free Trade Agreement with South Korea to Open 52-million Market for Georgian Products

Last week Georgia started preparing feasibility studies to determine the expedience of signing a free trade agreement with South Korea.

Government to Reassign EUR 100 million of Infrastructural Projects to COVID-Elimination Activities

The Government of Georgia plans to re-program the agreement signed by Georgia and European Investment Bank (EIB) on December 9, 2016.

Products Made of Turkish Raw Materials in Georgia to Enter EU Market without Exports Tax

All products made of Turkish raw materials in Georgia will enter the EU market without exports tax. The due document was ratified by the Parliament of Turkey on February 10.

Twice-Vaccinated Foreign Tourists Entitled to Enter Georgia

As reported, regular flights have been resumed on February 1. Under the Georgian Government’s decision, foreign citizens are authorized to enter the country if they submit a document proving they have been vaccinated with two doses.

How Much Georgia Pays for Azerbaijani, Russian and Turkish Electricity

In 2020, Georgia imported 1.6 billion kw/h of electricity. Despite a 5% downturn in electricity consumption, imports volume remains the same and import-dependence has increased.

Georgia and South Korea Sign Air Traffic Agreement

Georgia and South Korea have signed an air traffic agreement, under which Georgian airlines will fulfill flights to South Korea’s major international airports