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Georgia-Hong Kong Free Trade Agreement Becomes Effective

Free Trade Agreement between Georgia and Hong Kong became effective from February 13 this year. Georgia-Hong Kong Free Trade Agreement was signed on June 28, 2018, in Hong Kong within the framework of the One Belt- One Road summit. The purpose of the agreement is to determine the terms of …

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State-owned Companies Hinder Agriculture Sector Development

State-owned companies operating the agriculture sector hinder the field development, Minister of Agriculture and Environment Protection Levan Davitashvili noted. The state sector should not compete with private companies, the Minister pointed out. It is necessary that the Government interfere in the agriculture sector in a right way, Davitashvili noted. “Our …

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Citi Group: Georgia is an Exciting and Reliable Partner

Citigroup, one of the world’s leading financial institutions, praises Georgia as an exciting and reliable partner, Citi’s Vice Chairman Jay Collins told Georgian Prime Minister Mamuka Bakhtadze during their meeting in Davos. The conversation revolved around the development of Georgia’s economy and capital market, along with topics discussed at the …

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How Troublesome is the Size of the State Debt?

According to the latest indicators, Georgia’s state debts hit 17.539 billion GEL. This signifies obligation per capita in Georgia constitutes about 4700 GEL. If we exclude pensioners, socially vulnerable citizens and underage children, who do not pay taxes, then the liability per taxpayer will be about 9341 GEL, which is …

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How Much should Fuel Cost in Reality?

Oil Prices Plunge Worldwide, Georgian Oil Product Importers Gain Colossal Profits. Oil prices are plunging worldwide. Global exchanges have been recording from plummeting oil prices over the past 3 months. In the aforementioned period, prices have declined by 35% on average. In September, the price of one barrel of WTI …

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The Nature of the Georgian Economy in 2018

The past year should be appraised as a positive period for Georgian economy, against the background of problems in previous years. First of all, we should mention an about 5% economic growth, however, more optimistic forecasts were released in the middle of 2018. Namely, International Monetary Fund (IMF) forecast 5,5% …

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Civil Society Organizations Shape Public Administration Reform in Georgia

Sixteen innovative initiatives from 12 leading civil society organizations were on display at a “CSO Fair” organized today by the Government Administration, with support from the United Nations Development Programme (UNDP) and UK Aid, to showcase civic engagement in the ongoing reform of the country’s public administration. CSO proposals focus …

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Visit Chateau Mukhrani and Discover Lots of Novelties

The one of a kind, sophisticated race of the Chateau Mukhrani premium wine will become your time machine and take you on a journey to the 19th century. You will feel yourself a part of the time when after a trip to France one of the Bagration dynasty, Ivan Mukhranbatoni …

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5 Best Hotels in Georgian Regions

5 Best Hotels in Georgian Regions

Georgia has already claimed its place on the world map as an important and valuable tourist destination. Each region in our small country has its importance, sights, history, and culture. Thus, each corner is full of discoveries for tourists. Georgia’s special climate gives travelers the possibility to enjoy our nature …

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Spend Sweet November with Your Sweetheart in Georgia Palace

Spend Sweet November with Your Sweetheart in Georgia Palace

The cold-covered autumn season is coming to an end. People who like sun and warmth try to spend golden November days in a special way and get their last portion of sunshine to meet winter in full armor. The period of transitional colours is often referred to as Sweet November …

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