Georgia is increasing its role as an important trade partner for the European Union (EU), the Commonwealth of Independent States (CIS) and other countries. In January-February 2019, trade turnover with EU countries increased by 6.3% (amounted to $422.4 million) and with CIS countries
A Georgia-Japan business forum was held in Tokyo today, 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 is remarkably attractive for international investments. Our market is fully
Georgia exported about 12.2 million bottles of wine to 32 countries in January-February 2019, which is a 13% increase compared to the same period of 2018, announces the Georgian National Wine Agency. Last month Georgia generated $30 million from the sale of wine abroad
The government of Japan has signed four agreements with Georgia today to finance three green policy and one demining projects, the total cost of which is $293,264. The agreement was signed and the projects will be implemented within the ‘Grant Assistance for Grassroots Human
Georgia’s external trade turnover in January 2019 totaled $826.8, an increase of 1.2% compared to the same period in 2018, found preliminary figures released by Geostat national statistics office on February 19. Exports amounted to $238.8 mln, 7.2% higher than in January 2018
The Swedish government will allocate 2.3 million USD to provide support for Georgian small and medium-sized businesses, which work in the fields of information and communication technologies, business consulting, internet design and architecture. The programme will kick off this year and continue until 2021,
A new port and terminal will be built in Georgia’s Black Sea port town of Poti, announces Georgian Prime Minister Mamuka Bakhtadze. The US Overseas Private Investment Corporation (OPIC) will invest $50 million in a new port and terminal, while the project will be
Over the past decade or so, technological innovation and advancements have been rapid. Leaps and strides have been made within the field of Artificial Intelligence (AI), in particular, and these AI systems are now revolutionizing all sorts of industries. Many experts have
At the core of every successful business is a well-oiled logistics machine ensuring operational efficiencies, product accuracy and maximizing business at every turn. It’s the blueprint of every business and its power should never be underestimated. Without logistics, there’s no foundation. But there
The European Commission has disbursed €15 million in loans to help Georgia cover part of its financing needs and support the implementation of economic reforms. The loan was provided under the first instalment of its new Macro-Financial Assistance (MFA) programme. "The grant component of €5