The Service said Distribution and Marketing Company and HAVI Logistics had become the first entities to be granted the status. Photo: Revenue Service For the first time in Georgia, two local companies have obtained the status of an Authorised Economic Operator to benefit from simplified customs procedures, the Revenue Service of Georgia announced on Wednesday. … Read more
Georgian external trade turnover amounted to $10.18 billion between January-July 2022, posting a 35.3 percent increase year-on-year. Photo: Nino Alavidze/Agenda.ge Georgia exported a record $540 million of goods in July, marking a 40 percent increase compared to the same month of 2021, Prime Minister Irakli Garibashvili said at today’s Government meeting. The PM’s highlighting of … Read more
The statement also said Georgian Railway had maintained an increasing trend in freight transportation since 2018, saying the figures had increased in all directions including China, Kazakhstan, the Middle Corridor and the Baku-Tbilisi-Kars route. Photo: BTK Railway/Facebook Georgian Railway made over ₾191 million ($70.4) in income from freight in the first six months of 2022, … Read more
He also pointed out the “positive dynamics” of economic growth, saying the figure in June amounted to 7.2 percent, with the average growth for January-June standing at 10.5 percent and naming the growth in the country “outstanding” not in the region, but throughout Europe. Photo: Nino Alavidze/Agenda.ge Economic growth in Georgia is observed at a … Read more
The Prime Minister also noted appreciation to the Ambassador over China’s support of the sovereignty and territorial integrity of Georgia.Photo: Government’s Administration. Trade and economic relations between Georgia and China were discussed on Friday in a meeting of the Georgian Prime Minister Irakli Garibasvhili and Zhou Qian, the newly appointed Ambassador of China to Georgia. … Read more
Georgian Economy Minister Levan Davitashvili said cooperation was a “priority” for both countries from the economic point of view, resulting in the setting of “specific goals” of cooperation, which would be implemented within the bilateral intergovernmental commission this year. An intergovernmental commission meeting will be held in Tashkent this year with the aim to discuss … Read more
Overall, Georgian external trade turnover amounted to $8.46 billion between January-June 2022, posting a 35.2 percent increase year-on-year. Photo: Nino Alavidze/Agenda.ge Georgia exported $439 million of goods in June, marking a 25 percent increase compared to the same month of 2021, preliminary data from the National Statistics Office of Georgia shows. The update has not … Read more
Garibashvili and Nabiyev also noted Azerbaijan’s position among the top five trade partners of Georgia over the recent years. Photo: Government’s administration. Deepening bilateral cooperation was the subject discussed on Wednesday in a meeting involving the Georgian Prime Minister Irakli Garibashvili and Rashad Nabiyev, the Minister of Digital Development and Transport of Azerbaijan. The parties … Read more
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