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Category Archives: Georgia

Georgia: KfW eyes launching new joint program in energy sector in 2022

GeorgiaBy admin2022-03-10Leave a comment

German Development Bank (KfW) plans to launch a new financial cooperation program in Georgia in cooperation with the EU and the European Bank for Reconstruction and Development (EBRD) to increase the country’s energy efficiency, the German Federal Ministry for Economic Cooperation and Development reports. According to the ministry, the key areas of German development cooperation…

Georgia: PM, heads of banks and business association discuss economy trends

GeorgiaBy admin2022-03-09Leave a comment

The trends and dynamics of the economic growth, exports and tourism in Georgia were at the top of the agenda of a meeting between Georgian Prime Minister Irakli Garibashvili and chairpersons of the Business Association and Georgian banks on March 8. Garibashvili highlighted the “positive economic trends”, naming the country’s 18% growth in January and…

Georgia: memorandum in transport sector to be signed with Spain

GeorgiaBy admin2022-03-08Leave a comment

Spain is interested in signing the Memorandum of Understanding on Mobility, Transport and Urban Agenda with Georgia, the Ministry of Foreign Affairs of Spain reports. “Economic relations between Spain and Georgia are limited, although there is a growing interest of Spanish companies stemming from a considerable improvement of the climate for foreign investments in Georgia,”…

Georgia: women entrepreneurs to sell handmade crafts to support Ukraine

GeorgiaBy admin2022-03-07Leave a comment

Local women entrepreneurs in the central Georgian city of Gori will exhibit their handmade crafts and other products for sale on International Women’s Day, in an effort to support Ukrainian citizens amid Russia’s ongoing assault on the country. The sale of crafts items will bring together products by 15 women to a marketplace on Merab…

Georgia: first batch of medicines from Turkey received

GeorgiaBy admin2022-03-07Leave a comment

Georgia has received the first batch of more than 30 types of medicines from Turkey. “The Health Minister’s visit to Turkey is scheduled for this week, where meetings will be held with the Minister of Health of Turkey and the Head of the Regulatory Agency in order to simplify this process as much as possible,”…

Georgia: animal and plant products to be exported to Saudi Arabia

GeorgiaBy admin2022-03-04Leave a comment

Georgia will export both animal and plant products, including small and large cattle and locally produced honey, to Saudi Arabia, the Head of the National Food Agency Zurab Chekurashvili has announced. Chekurashvili said the agreement between the countries had been reached after the Georgian side provided their Saudi colleagues with information on their product control…

Georgia: Business Association of Georgia sends 100,000 GEL in support of Ukraine

GeorgiaBy admin2022-03-03Leave a comment

The Business Association of Georgia (BAG), which brings together hundreds of entrepreneurial groups in the country, transferred 100,000 GEL ($31,000 or EUR 28,000) through Georgia’s Red Cross Society in support of Ukraine on March 2. The 2009-founded association, which involves around 100 holding groups in Georgia, said “at times like this it is especially important…

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