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Economy

EU Market Opens for Georgian Anchovy From June 20

Anchovy caught in Georgian Waters within the Black Sea basin is definitely the third products of animal origin admitted to your EU market. The EU human health insurance right protection directorate will officially publish the decision on June 20.

Georgian companies have been getting ready with this decision for 2 years. In this period the fishing …

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Economy

Georgian Exports to EU Countries Grow by 41%

Demand for Georgian products grows on EU market.?

According to Geostat, national statistics service of Georgia, in January-May 2017 the region exported 260 million USD products to EU market, up 40.7% every year.
Inside reporting period, imports totaled 830.4 million USD, up 9.1% every year.

Georgia’s total trade turnover with EU countries constituted 1.090 billion USD, up 15.3% …

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Economy

Industrial Products Producer Price Index Grows

In May producer price index for industrial products rose by 9.4% year on year, while the index has not changed month on month. In May 2017 prices rose by 0.6% for processing industry products, that has been reflected by 0.51% overall indicator in the index.

According to Geostat, national statistics service of Georgia, prices rose on …

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Economy

Copper Ores Rank First in Georgia's Exports Items

Exports markets have recorded an increasing consideration in Georgian products.

According to Geostat, national statistics service of Georgia, in January-May 2017 exports rose by 28.7% and totaled 1.003 billion USD.

Copper ores and concentrates lead in Georgia’s top 10 exports items with 170.1 million USD exports (17% in Georgia’s total exports). Ferroalloys rank second with 123.6 million …

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Economy

Giorgi Kvirikashvili: Kutaisi is Turning into a worldwide Hub of Education

According into the Memorandum, the Munich Technical University will join the work of Kutaisi International Technological University less an advisor speculate a person, – Pm Giorgi Kvirikashvili said at today’s government session.?

Prime Minister asserted that the Kutaisi International Technological University project is vital and also days ago a Memorandum were being ?signed between …

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Economy

Asian Development Bank to advance Dzirula-Chumateleti Highway Reconstruction

Asian Development Bank (ADB) will finance the rehabilitation of approximately 50 kilometer element of Dzirula-Kharagauli-Moliti-Chumateleti highway .

The corresponding agreement was signed by Dimitri Kumsishvili, Minister of Finance of Georgia and ADB director general Sean O’Sullivan.

The agreement necessitates allocating 80 million USD financial resource. After the signing ceremony, Dimitri Kumsishvili said that the project implementation is …

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Economy

Good Harvest of Wheat is Expected in Kakheti Despite of Heavy Rains

The season of wheat harvesting begins in Kakheti. Harvesting in the first crop of wheat is begun in Sighnaghi region, village Milari. Reaping begins in Dedoplistskaro in two weeks.

Farmer Zurab Tetvadze declared to GBC that grain crops have not been destroyed in your neighborhood quick grown timbers . frequent rains and hail.

\”It is very difficult …

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Economy

500 Million Market Opens for Fish Producers

Market of 500 mln is opened for fish producers. The EU market has been opened for Georgia’s Black Sea fish and fish products.

“Today, export importance of Thirty million USD products is built to Turkey, that is actually the sole export niche for Georgian fish. From today the Georgian product could have enable you to master …

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Economy

Insufficient Qualified Workforce in Villages C Reasons and Solutions

Photo/Enpard

Villages lack for qualified workforce. This trouble remains under discussion for a long time. Secretary of state for Agriculture also proves this problem genuinely exists in villages.

?Today villages lack for engineers, agronomists,? mechanizers and several other specialists?, Deputy Agriculture Minister Giorgi Khanishvili said. Today, it\’s difficult to seek out due specialists in villages, he …

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Economy

EU Ambassador to Georgia: Revitalising Rural Economies Vital for Stimulating Country\’s Economy

The Ambassador on the Eu (EU) to Georgia, Janos Herman, recently paid many visits to agricultural and rural development initiatives in the nation supported over the EU-funded European Neighbourhood Programme for Agriculture and Rural Development (ENPARD).

The ENPARD site visits in Kvareli and Lagodekhi were portion of the Ambassador\’s two-day official programme in Kakheti to discover …