GEORGIA

Georgian Deputy Economy Minister Genadi Arveladze on Friday emphasised the country’s strategic importance as a logistics gateway between Europe and Asia during a panel discussion at the 23rd ministerial session of the Central Asian Regional Economic Cooperation Programme in Astana, Kazakhstan. Georgian Deputy Economy Minister Genadi Arveladze on Friday emphasised the country’s strategic importance as … Read more

The Forum is part of the China International Import Expo, a trade fair held annually in Shanghai. The Georgian delegation includes around 40 companies showcasing their products and services across three distinct pavilions, with the support of Enterprise Georgia, the state agency promoting entrepreneurship, investment and exports. Georgian Deputy Economy Minister Irakli Nadareishvili on Wednesday … Read more

Georgian Economy Minister Levan Davitashvili and Márton Nagy, the Minister for National Economy of Hungary, on Tuesday discussed the current state of trade and economic relations between the two countries, as well as the prospects for their further development. Georgian Economy Minister Levan Davitashvili and Márton Nagy, the Minister for National Economy of Hungary, on … Read more

The Georgian external trade turnover amounted to $16.77 billion between January-September, posting a 3.7 percent year-on-year increase, with the list of top trading partners of the county topped by Turkey with $2.33 billion, Russia with $1.83 billion and the United States with $1.47 billion. The Georgian external trade turnover amounted to $16.77 billion between January-September, … Read more

Georgian Deputy Economy Minister Irakli Nadareishvili on Wednesday said both 2023 and 2024 had seen “record-high” export growth, with the total volume reaching $6 billion last year and $5 billion within the first nine months of this year. Photo: Ministry of Economy Georgian Deputy Economy Minister Irakli Nadareishvili on Wednesday said both 2023 and 2024 … Read more

Kobakhidze also highlighted the significance of these projects for regional connectivity, facilitating “faster connection” between Georgia, Turkey, Azerbaijan, and Armenia, by saying “given the new reality in our [South Caucasus] region, the implementation of these projects is especially important from an economic perspective”. Photo: GD press office Irakli Kobakhidze, the head of the ruling Georgian … Read more

Marine vessels entering Georgian ports will receive online services through a “single window” starting October 1, the country’s Maritime Transport Agency reported. “The application of the single window principle resulted in the creation of an integrated system. All government and private agencies whose permission is needed for vessels to enter port are participating in the … Read more

In January-August 2024 the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 14 700.8 million, 3.0 percent higher year-on-year. The exports equaled 4 173.9 million (2.5 percent higher), while the imports stood at USD 10 526.9 million (3.3 percent higher). The negative trade balance was USD 6 353.0 million in January-August 2024 … Read more

Liberalization of trade in services is a top priority for Georgia, we continue to integrate into the global economy. By lowering barriers to trade in services, we give businesses greater market access and attract more investment in key sectors such as ICT, finance, logistics and tourism. This process of liberalization was facilitated by free trade … Read more

Georgian and South Korean officials held the final round of talks for an economic partnership agreement in Tbilisi last week, resulting in agreement on “key areas” including trade in goods and services, intellectual property rights and customs. Photo: Ministry of Economy Georgian and South Korean officials held the final round of talks for an economic … Read more