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Monthly Archives: November 2017

British Singer James Blunt to Visit Georgia on May 26th

Prominent British singer James Blunt will visit Georgia in the framework of world tour. Concert will be held on May 26th, Independent day, at Mikheil Meskhi (Lokomotivi) Stadium. Singer and composer will perform songs from his previous album ”Afterlove”. Festival is organized by new promotion company Black Pearl Live. Promotion …

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Georgian Businessman Plans to Build Seaports in Slovakia

Nodar Giorgadze, founder of GINO Wellness Group, plans to build seaports in Slovakia. Negotiations are underway with Government of Slovakia, the businessman told the Business Course. The seaport in Bratislava will be able to receive 150 ships. The seaport on the river Danube will make focus on tourism business mainly. …

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Sheikh Nahayan Wants to Enter Management of Georgian Airports

Sheikh Nahayan plans to enter the management of Georgian Airports, according to the Business Course. The Member of the cabinet of Ministers of United Arab Emirates says that UAE will double investments in Georgia in the coming years. Negotiations are underway with Government of Georgia too. “We are conducting negotiations …

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Silk Road will to Replace the Kars-Akhalkalaki Railway

Dimitri KUmsishviliDimitri KUmsishvili

“The Silk Road will not replace the Kars-Akhalkalaki Railway,” – the First Vice Prime Minister, the Minister of Economy and Sustainable Development of Georgia stated at the Tbilisi Belt & Road Forum. “The Kars-Akhalkalaki Railway represents one of the branches of the Silk Road. It is the line that will …

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Georgian Wine Breaks Guinness World Record

Georgian wine has just broken Guinness world record, official webpage announced. Chemical evidence of wine, dating back to 6000–5800 BC, was obtained from residues of ancient pottery excavated in the archeological sites of Gadachrili Gora and Shulaveris Gora, about 50 km south of Tbilisi in Georgia. The wine residues were …

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EIB to Allocate 8 Billion Euros for the Eastern Partnership Countries

The Vice-President of the European Investment Bank has addressed the Silk Road Forum of Tbilisi. Vazil Hudak talked about the importance of the Forum held in Georgia and introduced the society with the completed and future projects. According to the Vice President of the European Investment Bank, EUR 8 billion …

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Georgian Industrial Group Enters Uzbekistan

Georgian Industrial Group to enter market of Uzbekistan, CEO of GIG Zurab Gelenidze announced during his speech at Tbilisi Belt& Road forum, bm.ge reports. He talked about the company’s expertise on the panel and noted that the company’s main activity is electricity generation. According to him, the GIG group operates …

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China-Georgia FTA Takes Effect From January

The China-Georgia Free Trade Agreement will take effect on January 1, 2018, according to a post on the website of China’s Ministry of Commerce (MOFCOM). Signed in May this year, the agreement has completed the examination procedures in both countries, enabling it to come into effect at the beginning of next year, …

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PASHA Bank Supports the Silk Road Regional Trade Finance Forum

November 30th, 2017, Tbilisi Marriott Hotel – The International Chamber of Commerce (ICC-Georgia) in cooperation with ICC China will hold the Silk Road Regional Trade Finance Forum. PASHA Bank being the sponsor of the event will also be represented on the trade finance panel discussion. “PASHA Bank is a Baku-based …

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