Based on Sakstat’s declared data for 2015, 64% of foreign visitors to Georgia gave recreation and leisure as the purpose for their visit. 22% of non-residents of Georgia visited the country for business and work purposes, and 1.5% for medical purposes. In total, 1.17 million foreign guests stayed at Georgian …
Read More »Monthly Archives: September 2016
EU-Eastern Partnership Single Economic Zone on Horizon?
Foreign ministers of member states of the EU and the Eastern Partnership program are expected to discuss the prospects of creating a single economic space during an informal meeting September 3, 2016 in Bratislava, Slovakia, the Foreign Ministry of Ukraine told Trend. Earlier, Ukrainian Foreign Minister Pavlo Klimkin said that …
Read More »US Accuses EU of Grabbing Tax Revenues with Apple Decision
The United States has accused the European Union of grabbing revenue intended for U.S. coffers when it ordered Apple Inc (AAPL.O) to pay up to $14.5 billion in back taxes, a decision that could cause friction at an international summit in China next week, Reuters reported. The EU executive this …
Read More »Ilham Aliyev: Azerbaijan, Georgia Linked by Projects in Transport, Energy Fields
Azerbaijan’s President Ilham Aliyev received Georgia’s Prime Minister Giorgi Kvirikashvili Aug. 31. “You have quite frequently been visiting Azerbaijan. Now you are visiting as a Prime Minister. I am very glad,” said the president. Ilham Aliyev expressed confidence that this visit will promote the strengthening of relations in the future. …
Read More »Azerbaijan and Georgia Discussed South Gas Corridor and Baku-Tbilisi-Kars Railway
Prime Minister of Georgia Giorgi Kvirikashvili and Prime Minister of Azerbaijan Artur Rasizade have discussed joint transport and energy projects of these two countries in Baku. Governmental press services of Georgia and Azerbaijan inform that Prime Ministers noted the positive cooperation dynamic between countries in political, economic and humanitarian spheres. …
Read More »Alzheimer’s: New Drug That Halts Mental Decline is ‘Best News for Dementia in 25 years’
The first drug that can prevent Alzheimer’s disease is finally on the horizon after scientists proved they can clear the sticky plaques from the brain which cause dementia and halt mental decline. Hailed as the “best news” in dementia research for 25 years, the breakthrough is said to be a potential “game changer” for …
Read More »PASHA Bank Sponsors Oikos Summer School
PASHA Bank co-funds oikos Summer School which will take place at Tbilisi State University through 1-5 September. oikos is an international student-driven organization for sustainability in economics and management founded in Switzerland in 1987. The major topic of discussion will be “The Education for a Better World”. Among the attendees …
Read More »Georgia Ranks 40th Among The World’s Happiest Countries
Georgia is listed 40th out of 140 The World’s happiest (and least happiest) countries. According to index, GEORGIA achieves a Happy Planet Index Score of 31.1 and ranks 40th of all the countries analysed. The annual Happy Planet Index, released earlier this summer, ranked 140 countries according to “what matters most – sustainable wellbeing for all”. …
Read More »Asian Development Bank Allocates $100 million in Georgia
Agreement between Georgia and Asian Development Bank (ADB) Improving Domestic Resource Mobilization for Inclusive Growth Program (Subprogram 3) has been signed. Georgia’s finance Minister Nodar Khaduri and ADBCountry Director Yesim Elhan-Kayalar signed the document. In the frames of the program ADB will allocate 100 million USD dollars. According to the Minister of Finance, …
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