PM Gakharia held phone conversations with Pashinyan, Aliyev

The FINANCIAL — Georgian Prime Minister Giorgi Gakharia and Armenian Prime Minister Nikol Pashinyan held a phone conversation on November 10. The parties discussed the situation around Nagorno-Karabakh, emphasizing the importance of the comprehensive ceasefire agreement and expressing hope of positive dynamics…

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External Merchandise Trade of Georgia in January – August 2020

National Statistics Office of Georgia published preliminary data of the External Merchandise Trade of Georgia in January-August 2020. the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 7 022.8 million, 16.7 percent lower to the same period of 2019. The…

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Georgian domestic exports are down by 14.7% in Jan-Aug 2020

The FINANCIAL — National Statistics Office of Georgia published data of Domestic exports of Georgia (January – August 2020). In January-August 2020 the exports of Georgia (excluding non-declared exports) equaled USD 2 071.4 million, 14.7 percent lower year-on-year. Share of the domestic…

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Top trading partners of Georgia (January – June 2020)

The FINANCIAL — National Statistics Office of Georgia published preliminary results of External Merchandise Trade of Georgia and The Domestic Exports in January – June 2020. Copper ores and concentrates reclaimed the first place in the list of top export items, equaling USD 332.4…

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Zurabishvili Sworn-in as New President

The FINANCIAL -- Salome Zurabishvili, 66, was sworn in as Georgia’s fifth president for a six-year term on December 16 in an oath-taking ceremony in the eastern Georgian town of Telavi.…

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The European Investment Bank to lend EUR 30m to TBC Bank

The FINANCIAL — The European Investment Bank (EIB) has agreed to lend EUR 30m to TBC Bank, the largest bank in Georgia, in order to broaden the access to finance of Georgian small and medium-sized enterprises (SMEs), which represent more than 90%…

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