Georgian and South Korean officials on Tuesday held negotiations on a free trade agreement in Seoul with prospects of strengthening trade and economic ties between the two countries and increasing exports of Georgian products to the Korean market, the Georgian Ministry of Economy said. Genadi Arveladze, the Deputy Economy Minister, said the discussions would accelerate … Read more
Chairman of the Senate of the Oliy Majlis, Tanzila Norbaeva, conducted a meeting on April 8, with a delegation headed by the Chairman of the Georgian Parliament, Shalva Papuashvili, during their visit to Uzbekistan. The meeting aimed to discuss various aspects of bilateral cooperation, focusing on trade, economic, and investment relations, as well as cultural … Read more
Qian announced the visa-free regime between the countries would “most likely” be officially signed in April and would be implemented in the coming months, and noted China and Georgia were “actively working” to add more direct flights. Zhou Qian, the Chinese Ambassador to Georgia, on Saturday noted the bilateral trade turnover with Georgia amounted to … Read more
According to GEOSTAT data, trade between Georgia and Armenia amounted to 100.623 million USD in January-February 2024, which is 103.2 million USD less than in the same period of the previous year. In January-February 2024, compared to the same period of 2023, exports from Georgia decreased from 133.082 million USD to 78.795 million USD. As … Read more
The Georgian external trade turnover amounted to $1.34 billion in January, posting a 14.8 percent year-on-year increase. Photo: Geostat Turkey with $232.6 million, Russia with $190 million and China with $96.4 million were the top trading partners of Georgia in its total external trade turnover in January, the National Statistics office said on Monday. The … Read more
External Merchandise Trade (excluding non-declared trade) of Georgia amounted to USD 2 941.5 million in January-February 2024, 5.0 percent lower year-on-year. The value of export decreased by 12.2 percent reaching USD 803.2 million, while the import decreased by 2.0 percent and amounted to USD 2 138.2 million. The trade deficit equaled USD 1 335.0 million … Read more
In 2023, airway companies of Georgia transported 358.5 thousand passengers and the passenger turnover amounted to 875.3 million passenger-kilometers. In the same period, compared to 2022, the number of passengers increased 2.0 times and the passenger turnover value increased 2.1 times. In 2023, airway companies of Georgia transported 224.2 thousand tons of freight and the … Read more
He also pointed out that the USAID programme contributed to the identification of challenges in various agribusinesses and their overcoming throughout the country, adding the enterprises had benefited from the increase in exports, which amounted to $148 million. Photo via Economy Ministry Georgian Economy Minister Levan Davitashvili on Wednesday highlighted the close cooperation with the … Read more
GEOSTAT reports that, in January, the share of the ten largest import partner countries in the total import of Georgia amounted to 70%. In the mentioned period, the most products were imported to Georgia from Turkey (20.3%). The list of the ten largest import partner countries of Georgia in January 2024: Turkey – 203.1 million … Read more
Davitashvili said the cooperation in the energy sector with the UAE was “particularly interesting”, and noted the Georgian Government was “ready to take active steps” to deepen the ties and create additional investment opportunities. Photo: Ministry of Economy Georgian Economy Minister Levan Davitashvili on Tuesday met United Arab Emirates officials to discuss trade and economic … Read more