Georgian Prime Minister and Chairman of the government of the Autonomous Republic of Adjara Tornike Rizhvadze have announced five new tourism projects in Shuakhevi municipality, Adjara, with a total investment value of about 30 million GEL. Garibashvili said that implementing tourism projects of this type was “vital for reviving the economy and attracting more tourists”.…
Georgia intends to increase almond production at least 16-fold in the next 7 years, Almond and Walnut Producers Association (AWPA) reports. According to the AWPA, the harvest of almonds from the currently operating orchards is projected at 14,000 tons (in shell) in 2027. This is a significant increase when compared to about 900 tons in…
Georgia’s external trade turnover amounted to $7.48 billion in January-July, up by 21.8% YoY, showed preliminary data from the National Statistics Office of Georgia (Geostat). The value of exports increased by 27.8% and totaled $2.27 billion, while imports increased by 19.3%, to $5.20 billion. The trade deficit of Georgia in January-July amounted to $2.93 billion,…
Revenues from wine exports in Georgia reached $125 million in July, up by 9% YoY, the National Wine Agency reported. The amount of exported wine has increased by 12%. The dynamics of export growth in the strategic markets of Georgian wine is maintained: Poland – 28% (3.26 million bottles), China – 7% (3.14 million bottles),…
Silk Way West Airlines, an Azerbaijani cargo airline, will launch cargo flights from the US city of Chicago to the Georgian capital of Tbilisi and Azerbaijani capital of Baku, Georgian Economy Minister Natia Turnava has announced. She said that this was a positive fact for the Georgian economy. “First, it is important that cargo flights…
Prime Minister Irakli Garibashvili has announced at a government meeting that starting from January 2022, “we will gradually increase the salaries of public servants”, while the salaries of mayors were planned to be doubled. Garibashvili said that as of today the salaries of mayors amounted to 1,800-2,000 GEL (about $648.30 or EUR 551.47), “which is…
Export of vegetables from Georgia amounted to $17.37 million in the first half of 2021, the National Statistical Office of Georgia (Geostat) reported. The share of vegetables in the total export volume of Georgia in the period amounted to 0.9%. The main positions in the group were distributed as follows: potatoes – $8.85 million, tomatoes…