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Tag Archives: CIS

Exports from Georgia to CIS Countries Increased by 51.3%

In January-August, 2018, exports from Georgia to CIS countries amounted to 1 025.6 million US dollars, which is 51.3 percent higher than the previous year’s index, and 47.8 percent of the country’s total exports. Import was amounted to 1 744.9 million USD (23.7 percent more), which is 29.3 percent of …

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United Nations Predicts 4,3% Economic Growth in Current Year

The United Nations published the 2018 World Economic Growth Prognosis In 2018-2019, the United Nations is expecting 3% economic growth in the world. The United Nations is predicting for 4,3% economic growth in Georgia this year. According to the United Nations, the unemployment rate in Georgia in 2017 was 11.4%, …

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In January-October Exports Slip 16% with EU, Drops 19% with CIS

In January-October 2016 Georgia’s foreign trade turnover (excluding non-declared trade) made up 9956 million USD, up 22% year on year; According to Geostat, National Statistics Service of Georgia, exports marked 1701 million USD, down 7% year on year, and imports constituted 8256 million USD, up 31% year on year. It …

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Georgia-EU Trade Is Up By 38%: Report Shows

EU trade

In 2016, export from Georgia to the EU has diminished, as well as the CIS countries. According to Geostat, foreign trade turnover with the EU has made up 532 million dollars during the first 2 months of this year, which is 38% more, compared to the same period of last year. …

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One more Russian Company Expresses an Interest Investing in Georgia

tower

Russian company „Русские башни“ known as a volunteer of purchasing towers of “VimpelCom” is interested in Georgian market. According to the chief of the particular company, Alexander Chubi stated that further plans the company has is about to enter to International market, including Georgian one which is the most substantial …

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Georgian lessons for the CIS

A thought-provoking article by bne.eu paints a comprehensive picture of Georgia’s recent history, it’s current state and future direction. Mark Adomanis’ article, published Yestarday, helps the reader better understand the recent history of Georgia and its influence on the country’s chosen path, and allows them to understand the state of …

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