Your Guest Is My Guest, or Why Tourism Is Not a Zero-Sum Game

The share of “transit tourists” (those who continue from Georgia to a neigbor country) in the total is not very high...

Georgian Wine Industry: Implications of a Russian Embargo

Russia has certain economic leverage over Georgia, as last year Georgian exports to Russia accounted...

Never Waste a Good Crisis

Achieving economic independence from Russia will be costly in the short-term...

Trade Deficit Shrinks, as Exports, Tourism & Remittances Show Strong Growth

ISET-PI has updated its forecast of Georgia’s real GDP growth rate for the second quarter of 2019...

Tbilisi to Host Real Estate Exhibition ‘Area Expo 2018’

For the first time in Georgia, Tbilisi is to host Real Estate Exhibition...

Georgia, Belarus Mull Deeper Economic Cooperation

The necessity to further deepen economic ties between Georgia and Belarus...

Mayor: C.T. Park Employees to Continue Work in Tbilisi Transport Company

120 employees of parking regulatory company C. T. Park will continue working in Tbilisi Transport Company...

Georgian Govt. Scores “Ba2 Stable” in Moody’s Annual Credit Analysis

Moody’s issued their in-depth annual credit analysis report on the Government of Georgia, giving them a rating of “Ba2 stable”...

New EU Plan to Invest €4.1 billion in Georgia over 4 Years

The European Union has announced a new External Investment Plan, worth a total of €4.1 billion, which will be invested into...

Nominal GDP in 2017 Reaches 38 billion GEL

Last year’s GDP has increased by 11.8%, compared to 2016 figures, reaching a total of 38 billion GEL. This...

Georgian Industrial Group buys Tbilisi KazTransGas Subsidiary

According to reports by Forbes.kz, the Georgian Industrial Group is about to buy a KazTransGas (KTG)...

German Development Agency to Support Legal Frameworks in Georgia

The German Government’s development agency GIZ (Society for International Cooperation) has declared...

Georgia Advances in International Civil Aviation Organization Rating

Georgia showed 87.5% in terms of fulfilling International Civil Aviation Organization (ICAO) standards ...

Georgia Bans Import of Potatoes from Turkey

Georgia banned import of potatoes from Turkey for three months...