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
Turkey ($562.4 million), China ($461.9 million) and Russia ($383.3 million) were the top trading partners of Georgia in its total external trade turnover in January-March 2022, preliminary data from the National Statistics Office of Georgia show. Georgia’s top partners by exports in January-March 2022 were China ($220 million), Azerbaijan ($125.4 million) and Russia ($109.8 million), … Read more
Georgia’s foreign trade turnover in the first three months of 2022 amounted to USD 3.87 billion – a 38% increase compared to the same period last year, according to express data released by the National Statistics Office (Geostat) on April 13. Exports increased by 43.3% year-over-year to USD 1.17 billion, while imports went up 35.8%, … Read more
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