The parties also expressed readiness to hold a meeting of the Georgian-Hungarian Economic Cooperation Commission in the near future, and highlighted the importance of the operation of the Hungarian budget airline Wizzair in development of the Georgian airline and tourism markets. Photo: Ministry of Economy. The growing trade dynamics between Hungary and Georgia, wider economic … Read more
Geostat said local exports in the country had accounted for 75.7 percent of total exports in the reporting period, amounting to $1.59 billion, 42.7 percent higher compared to the same period of 2021. Photo: Nino Alavidze/Agenda.ge Georgia has exported locally produced goods worth $2.11 billion between January-May, which is a 37.5 percent increase year-on-year, preliminary … Read more
Overall, Georgian external trade turnover amounted to $6.91 billion between January-May 2022, posting a 37 percent increase year-on-year, Geostat said. Photo: Nino Alavidze/Agenda.ge Georgia exported a record $504 million of goods in May, marking a 48 percent increase compared to the same month of the previous year, preliminary data from the National Statistics Office of … Read more
The consortium has analysed the benefits Georgia would receive after implementing the PCS, which is an electronic platform that connects various systems for safe and fast exchange of information between profiled public and private structures. Photo: Nino Alavidze/Agenda.ge Introduction of a Port Community System in Georgian ports will improve the management and automation of their … Read more
Georgian-based non-governmental organisation Society and Banks in its report in April said revenues from transport services in Georgia would increase by about $150 million compared to 2021 and exceed $960 million in the ongoing year. Photo: BTK Railway/Facebook Georgian Railway will be able to carry about 21 more million tonnes of cargo annually following the … Read more
Geostat said local exports in the country had accounted for 76.1 percent of total exports in the reporting period, amounting to $1.27 billion, 37.1 percent higher compared to the same period of 2021. Photo: Nino Alavidze/Agenda.ge. Georgia has exported locally produced goods worth $1.58 billion between January-April, which is a 32.8 percent increase year-on-year, preliminary … Read more
The value of exports rose by 32.8 percent and equalled $1.58 billion in the reported period, while imports also grew by 33.7 percent, amounting to $3.66 billion. Photo: Nino Alavidze/Agenda.ge. Georgian external trade turnover amounted to $5.25 billion in January-April 2022, posting a 33.4 percent increase year-on-year, the National Statistics Office of Georgia (Geostat) revealed … Read more
At the meeting, the parties approved their 2022 Action Plan, which involves measures to increase the awareness of the project, and questions of service of new transit cargo, the Georgian railroad company said. Photo: Georgian Railway A delegation from Georgian Railway joined counterparts from Turkey, Azerbaijan and Kazakhstan on Wednesday in Ankara to discuss the … Read more
The Georgian Minister stressed the importance of “higher liberalisation” of the trade relations for increasing trade turnover between the two states, and noted Japan had recognised the “favourable investment climate” developed by the Georgian Government over the recent years. Photo: Georgian Economy Ministry Bilateral trade relations between Georgia and Japan and the two countries’ cooperation … Read more
The customs body also noted export of sanctioned goods imported to Georgia was “strictly controlled” to make sure Russian or Belarusian goods do not end up in the countries participating in the sanctions or vice-versa. Any type of goods, both military and dual-use, as well as all products included in the international sanctions imposed by … Read more