According to the Memorandum, the Munich Technical University will join the project of Kutaisi International Technological University not as a consultant but as a partner, – Prime Minister Giorgi Kvirikashvili said at today’s government session. Prime Minister said that the Kutaisi International Technological University project is very important and two …
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Prohibition of Land Alienation to the Foreigners will be Based on Constitution
“We have made a decision to apply to the Constitutional Commission in order to make a note in the Constitution. According to it, alienation of agricultural land will not be achievable for citizens, who do not have Georgian citizenship,” the PM said at a government meeting on Thursday. According to …
Read More »Georgia is No Longer a Post Country – Giorgi Kvirikashvili
Georgia is no longer a ‘post’ country. I think we need to get rid of these ‘post’ clichés. We are a country which can be easily called an eastern European Country, – Georgian Prime Minister Giorgi Kvirikashvili said in response to Head of Russia’s Education and Science Committee Viacheslav Nikonov. …
Read More »The Premier: BoG’s GEL Bonds Mean that Investors Trust our Country and National Currency
The Prime Minister is considering placing of 500 million GEL bonds on the international markets by Bank of Georgia (BoG) as the most important step forward. Giorgi Kvirikashvili says that investors who make investments in our country trust the national currency. “Denominated bond in the national currency has been fixed …
Read More »Georgian PM, US President Meet at the White House
Georgian Prime Minister Giorgi Kvirikashvili’s office said that U.S. President Donald Trump expressed Washington’s “full support of Georgia’s sovereignty and territorial integrity” during a May 8 meeting at the White House. Tbilisi continues to be locked in a standoff with Russia over Georgia’s Moscow-backed breakaway regions of Abkhazia and South …
Read More »Hungary and Georgia Build Economic Cooperation
Hungary’s Eximbank has opened a pool of 90 million USD to provide loans aimed at promoting further ties, PM Orbán said. Prime Minister Viktor Orbán has said that the good relations between Hungary and Georgia should be used to promote economic cooperation. PM Orbán made the remarks following talks with …
Read More »Georgian Citizens Allowed to Participate in InnovFin – Startup Business Financing Program
European Investment Bank (EIB) has taken a decision to increase credit portfolio in Georgia. The bank plans to allocate additional 250 million EUR for infrastructural projects in 2017. EIB has activated efforts for financing private sector, Prime Minister Giorgi Kvirikashvili said. “Beginner businessmen will be able to participate in special …
Read More »The PM: IMF Program is a Very Positive Signal for Investors Working in Georgia
New program of IMF means the green light from international financial institutions to proceed with the declared plan for the next three years, so everything will be implemented and become a reality, – the Prime Minister so estimates a new three-year program (285 m USD) approved by IMF. According to …
Read More »The Government is Preparing for Free Trade with India
The government is preparing for Free Trade Agreement with India. Georgian Prime Minister has announced on implementation of preliminary research at the government session on Thursday, – “which will estimate all factors and potentials, which are related to the Free Trade Agreement” and should be ready in several months. Delegation …
Read More »Government Town in Ortachala will Assemble almost All Ministries
At the 23 government meeting the Prime Minster put forward a very interesting initiative. A Government town will be constructed in Ortachala, where almost all Ministries will be assembled, excluding several ones. A quite vast territory has been allocated for the project implementation, Giorgi Kvirikashvili noted. «As part of governance …
Read More »Government Town Underway in Ortachala
A government town will be constructed in Ortachala, Tbilisi. Almost all Ministries will be located in the town, Georgian Prime Minister Giorgi Kvirikashvili told government meeting on March 23. A huge space has been selected for the project implementation, he added. As part of governance reformation program, we have already …
Read More »Georgian PM Initiates to Establish Media Ombudsman Institution
Georgia’s Prime Minister Giorgi Kvirikashvili has released a statement raising an initiative to establish a media ombudsman institution in Georgia. “First and foremost, I would like to emphasize that we honor decisions, recommendations and ideas from European institutions that make a special contribution to our country’s democratic development. Accordingly, this …
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