United Airports of Georgia was featured in the World Routes aviation forum in Las Vegas to showcase the potential of Georgia’s airline market on the international stage. The event, launched on October 16, provided a forum for 30-minute meetings between cities, airports and airlines to consider where best to provide aircraft and flights for profitable…
Georgia received $387.2 million from abroad in September, up by 84.6% YoY, the national bank of Georgia said on October 17. Russia ($173.94 million), Italy ($36.29 million) and the United States ($28.68 million) were the largest remittance senders last month. Overall, the vast majority (97.5%) of all money transfers from abroad came from 23 countries.…
Romania will allocate $1.4 million to NATO funds dedicated to strengthening the resilience of defence capabilities of Ukraine, Moldova, Georgia and Jordan, the Romanian foreign office has said. The Romanian foreign office specified that $300,000 from the amount would be allocated to specifically improving the defence capacity of Georgia. The decision corresponds to Romania’s foreign…
Air Moldova has made its inaugural flight to Georgia, carrying 140 passengers from Chisinau to Tbilisi, TAV Georgia, the operator of Tbilisi and Batumi international airports, reports. The airline will perform direct flights between the cities using Airbus A319 aircraft twice a week, on Mondays and Fridays. During the winter navigation season starting in November,…
Current and future projects funded in Georgia by the European Bank for Reconstruction and Development were discussed during a meeting between the Georgian finance minister Lasha Khutsishvili and Jurgen Rigterink, the first vice president of EBRD. Khutsishvili thanked Rigterink for the support provided by the EBRD to Georgia on its “path of European aspirations”. The…
Georgian Railway on October 13 dismissed reports by opposition-minded TV channels on an alleged presence of railway freight subject to international sanctions on Russia in Georgia’s western city of Batumi as “fake”. In rejecting the information, the company said the freight carriages in question carried fuel oil belonging to a Kazakh company. It also explained…
Georgian external trade turnover amounted to billion in January-September, up by 35.3% YoY, the National Statistics Office revealed on October 13. Trade deficit reached $5.41 billion, and the share of trade turnover hit 39.8%. Last year Georgia’s exports totaled $4.24 billion, while imports reached $10 billion. The total turnover was $14.31 billion, while the trade…