The land transportation corridors linking Asia and Europe are on the verge of re-awakening following centuries of neglect. Silk Road, one of the greatest sagas of human endeavor is being revived in the view of the fast changing world order. The regional neighbors and strategic partners – Azerbaijan, Georgia and …

September 26, 2017, Lianyungang, China, International Port and Shipping Development Forum was held in the frame of the 4th China International Logistics LYG Expo. The exhibition was organized by China International Chamber of Commerce, the relevant departments of Jiangsu Province, Lianyungang Municipal People’s Government and LYG Port Holdings Group. Within …

Revenues from tourism increased by 33.6% in August, – Deputy Economy Minister said. According to Nino Javakhadze, the country received 390.9 million USD from tourism in August, the figure is more by 92.9 million comparing to the last year. It is noteworthy that 1080449 visitors crossed Georgian border, increase is …

Leading arbitration experts and practitioners from Great Britain, the Netherlands, Germany, France, USA and Georgia will discuss various topics on arbitration at the Annual International Conference GIAC Arbitration Days on October 2-3, 2017. The conference is organized by the Georgian International Arbitration Centre (GIAC) and supported by the European Union …

A Tbilisi-based business consultancy which pioneered Market Entry Services in Georgia – announced today that it has been appointed to provide representation services for Beabloo (Turkey), a leader in developing omnichannel digital marketing solutions and Big Data analytics for online and offline marketing. Beabloo technology allows brands and organizations to …

Electricity consumption is growing in Georgia. Domestic consumption increased 14.4% y/y in August 2017. According to G&T, consumption by eligible consumers, up 66.0% y/y, was a key driver, with Georgian Manganese doubling its consumption (+102.4% y/y) to 114.9GWh, a historic maximum for the company. It should be noted, that production …

The BGEO Group is preparing for Investor Day. The leading business group of the country will hold a meeting with investors and analysts on November 9. Members of the BGEO board and executive management team will introduce Group results and demerger update, macroeconomic overview, banking strategy, investment business strategy, Utility and …

Georgia is ranked as the 8th among 159 countries in the “World Economic Freedom” index of Fraser Institute, and granted the status of mostly free. The Deputy Minister of Economy estimates achievements in the rating. “According to 2017 Report, Georgia occupies the first place in 4 components among 159 countries worldwide. …

The construction of the first pharmaceutical plant Hayat Pharm, which is a joint Azerbaijani-Russian project, will be completed by 2019, said Azerbaijani Deputy Economy Minister Niyazi Safarov, TREND reports. He made the remarks at the ceremony of signing a memorandum of understanding (MOU) between Azerbaijan’s Ministry of Economy and Hayat …

Exhibition “Georgia – The Cradle of Wine” is being held in Bordeaux, France. Within the framework of the project, the presentation of the Georgian supra with the initiative of the French side held in the center of the civilization “Cité des Civilisations Du Vin”. The guests of the presentation got …

“We Need Equality”– a national campaign for women’s political and economic rights kicked off in Georgia with a launch event in Tbilisi, on Rustaveli Avenue, at the 1st Classical Gymnasium. The campaign was announced by Niels Scott, Head of the United Nations in Georgia; Tamar Chugoshvili, First Vice Speaker of …