Finance Minister Lasha Khutsishvili has presented his ministry’s 10-year development strategy, which aims to tackle poverty and unemployment and increase overall economic well-being in Georgia. “High economic growth should be the main focus of our economic vision for the next 10 years,” Khutsishvili stated. Prime Minister Irakli Garibashvili said before the presentation of the development…
The export of chemical products from Turkey to Georgia decreased by 7.2% YoY in January-June, to $125.1 million, the Turkish Ministry of Trade reported. The export volume of chemical products from Turkey to Georgia decreased by 10.5% in June compared to June 2020 and reached $26.7 million. (Trend/Business World Magazine)
Potatoes remained a top export in the “fresh fruit and vegetables” category of food exports of Georgia, in June, the Georgian National Statistics Office (Geostat) reported. Revenues from selling potatoes abroad amounted to $3.7 million, up by 20% from the blueberry export revenues (ranked second in June). The top exporting destination for Georgian potatoes was…
The US Department of State has approved the sale of the country’s anti-tank Javelin missiles and command launch units to Georgia. Now it is up to the Congress to confirm the sale of 82 missiles and 46 command launch units to Georgia for $30 million. The US Defense Security Cooperation Agency has already notified Congress…
Fish production in aquaculture holdings equaled 2,071 tons in 2020 in Georgia, down by 16% YoY, the National Statistics Office (Geostat) reported. Production of Salmonidae amounted to 1,155 tons (-13.8%), Cyprinidae – 838.4 tons (-17.2%), while production of sturgeons equaled 60.1 tons (-22.4%) and production of Siluridae – 17.5 tons (+22.4%). Rainbow trout had the…
Two more European airlines are to resume flights to Georgia in the summer season, the Civil Aviation Agency reports. Lithuanian airline Getjet and Estonian airline Smartlynx will operate several charter flights on the Vilnius – Batumi – Vilnius and Tallinn – Batumi – Tallinn directions. According to the application filed by Getjet with the Civil…
“Some companies put a 300-400% price tag on drugs in Georgia, which is unacceptable”, said Georgian Prime Minister Irakli Garibashvili. “We, the Georgian government, should make the right decision shortly as it affects the well-being of our population. Nothing like this is happening in any country”, said Garibashvili. Irakli Garibashvili also noted that the Georgian…