Georgia: tourism revenue to increase in 2023

Galt & Taggart, a Georgia-based company for investment banking and management services, has forecast the country’s tourism revenues to increase by 15% YoY and reach $4 billion in 2023 in its Tourism Market Watch update released on January 25. The release said Georgia’s tourism revenues stood at $363.3 million in December 2022, up 2.9-fold YoY…

Ukraine: Ministry of Economy invites American business to participate in large-scale reconstruction

Reconstruction of Ukraine should affect all sectors of the economy at once – from transport, social and housing infrastructure to deep economic modernization and ensuring a favorable microclimate for business. The Government of Ukraine has approved a National Economic Strategy until 2030, which is to be implemented, among other things, with ongoing international support. This…

Georgia: tea to be sold in Czech supermarket chain

Georgian tea will be sold by Oxalis, one of the leading supermarket chains in the Czech Republic, after a Georgia-based company has received support from the Export Assistance Programme of the Enterprise Georgia state project to deliver its products to the store. Enterprise Georgia revealed the news on January 25, explaining Gamarjoba, a domestic producer…