Georgia: market fully open

A Georgia-Japan business forum was held in Tokyo, where Georgian Prime Minister Mamuka Bakhtadze and Economy Minister Giorgi Kobulia introduced Japanese business society to Georgia’s investment climate and business opportunities. Bakhtadze said that Georgia was remarkably attractive for international investments. “Our market is fully open, our economy is liberal and our location is strategic”, said…

Kyrgyzstan: gold lifts economy in February 2019

Economic results of Kyrgyzstan’s development have been encouraging for the second month in a row. GDP is growing, as is the industry. But the prices, on the contrary, fell slightly. According to the National Statistical Committee of Kyrgyzstan, in January-February, Kyrgyzstan’s GDP amounted to 63,09.3 billion soms, up by 4.9% YoY. In February, the economic…

Georgia: economy up in January 2019

Georgia’s economy is growing steadily, show the latest data from the National Statistics Office of Georgia (Geostat). The estimated real gross domestic product (GDP) growth rate in January equaled 3.5% YoY. Last month the estimated real growth, compared to the same period of the previous year, was posted in the following activities: trade; hotels and…