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...

EU Positively Assesses Georgia’s Work within GSP+

The European Union (EU) has positively assessed Georgia’s work...

Georgia ‘Mostly Free’ in Index of Economic Freedom

Georgia has been listed as a ‘mostly free’ country in the Index...

W Hotels Construction to Start in Tbilisi

Development company RED-Co plans to build a W Hotels brand hotel...

Chinese Investors Plan Ferroalloy Plant in Kutaisi

An unnamed Chinese company plans to build a ferroalloy plant in Georgia’s Kutaisi free industrial zone...

New 20 and 50 Georgian Lari Banknotes Released

The National Bank of Georgia released 20 and 50 Georgian lari banknotes into circulation Monday, according to the bank’s official Web site...

Second Democratic and Economic International Forum Opens in Tbilisi

Georgian Prime Minister Giorgi Kvirikashvili on Monday opened the second annual International Forum...

Georgian Peacekeepers Warn of Blackmail from Central African Locals

Georgian daily Kviris Palitra published Monday an interview with an unnamed Georgian peacekeeper...

Oscar Nominated Tangerines Wins Spain’s Best European Film Award

Georgian wartime drama ‘Tangerines’ took home the prize for Best European...

ICC Proceeds with S. Ossetia War Crimes Investigation

International Criminal Court (ICC) prosecutor Fatou Bensouda stated to Georgian television that the court...

Georgian Government to Boost Tourist Numbers

Members of the government and representatives of the lucrative tourism trade discussed Friday current prospects...