The Revenue Service of the Ministry of Finance of Georgia has “categorically” declared that “any and all cargo”, including the goods in the list of international sanctions against Russia due to its invasion of Ukraine, is subject to “tight customs control” by the Georgian authorities. The state agency made the statement on Wednesday in response … Read more
Export and transit cargos from Kazakhstan will be redirected to the Trans-Caspian International Transport Route (TMTM) crossing Azerbaijan, Georgia and Turkey, Kairbek Uskenbayev, the Minister of Industry and Infrastructure Development of Kazakhstan, announced on Tuesday. The Russian news agency Tass cited Uskenbayev as saying Kazakhstan had reached an agreement with Azerbaijan, Georgia and Turkey to … Read more
Georgia has exported locally produced goods worth $760.4 million in January-February 2022, which is 54.5 percent higher year-on-year, preliminary data from the National Statistics Office of Georgia (Geostat) show. Local exports in the country accounted for 73.1 percent of total exports in the reporting period, amounting to $555.8 million, 51.7 percent higher compared to January-February … Read more
Georgia’s foreign trade turnover in the first two months of 2022 reached USD 2.54 billion – a 49.2% surge compared to the same period last year, according to express data released by the National Statistics Office (Geostat) on March 14. Exports increased by 54.5% year-over-year to USD 760.4 million, while imports went up 47%, reaching … Read more
General prices for medicines on the Georgian local market have been reduced by 60-80 percent following the import of medications from Turkey, Georgian Prime Minister Irakli Garibashvili said earlier today. The Government head said the import of medical drugs from Turkish-based producers, an initiative aimed at effecting a reduction of costs locally, had forced down … Read more
Twenty grapevine producers participated in training held at several locations in Kakheti, a traditional winemaking region of Georgia, in January. International expert Julio Prieto, specialized in phytosanitary problems of grapevines, from the Ministry of Agriculture of Spain, conducted the trainings with the support of the European Union and FAO in the framework of the EU4Business … Read more
Georgia’s foreign trade turnover in January 2022 increased by 41.2% compared to the same period last year, amounting to USD 1.1 billion, according to preliminary estimates released by the National Statistics Office (Geostat) on February 21. Exports grew by 47.6% year-over-year to USD 331.3 million, while imports increased by 38.7%, reaching USD 779.1 million. Meanwhile, … Read more
Georgia’s foreign trade turnover in January 2022 increased by 41.1% compared to the same period last year, amounting to USD 1.1 billion, according to express data released by the National Statistics Office (Geostat) on February 14. Exports grew by 47.6% year-over-year to USD 331.3 million, while imports increased by 38.5%, reaching USD 778.1 million. Meanwhile, … Read more
Georgia exported 5,3 million bottles of wine to 35 countries in January 2022, 51 percent more compared to the same period from last year, the Ministry of Agriculture and Environmental Protection announced on Tuesday. The exports generated $11.6 million from the sale of wine abroad in January, marking an increase of 43 percent, according to … Read more
The Consumer Price Index in Georgia increased by 1.1 percent in January 2022 compared to the previous month, while the annual inflation rate stood at 13.9 percent, the latest inflation data of the National Statistics Office of Georgia (Geostat) shows. With regard to annual core inflation, [excluding food and non-alcoholic beverages, energy, regulated tariffs, transport], … Read more