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August 2014


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Saakashvili considers free trade negotiations step made forward

12.12.11 20:42

Georgian President commented today on signing the launch of negotiations on a deep and comprehensive free trade agreement of EU with Georgia. Mikheil Saakashvili discussed the issue at the Security Council meeting.

The president in his speech stressed the European leaders` open support and attitudes expressed towards Georgia in the recent period.

"Today in Brussels, the launch of negotiations on EU-Georgia free trade agreement was finally signed. This is a very significant political stage for our country. I think it would take to us certain period of time - months and maybe even years, but not so long for the free trade. This gives investors opportunity to open here a lot of plants, employ a lot of people. Regardless of the problems existing at the European market, Europe is a very attractive alternative for our country. Therefore, this is a big step made forward", he said.

The president added with launching the negotiations, the EU said that Georgia has carried out correct reforms. Saakashvili also hopes the negotiations on visa free travel to start in spring 2012.

"The main thing that happened this year is the psychological turn of Europe towards Georgia. When we unfurled the EU flag in 2004, some people laughed at us, some found it unbelievable, they thought that were fantasies. We want to build the European democracy in Georgia. In those times we did not even dream that Georgia would be able to enter the EU, the Europeans said then that Geographically this country was not Europe, that it was completely other development, other space, other area of influence", the president said.

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Energy Regulatory Commission to revise electricity consumption tariff

22.08.14 14:36

The National Energy Regulatory Commission will hold a session to revise the price of the electricity power tariff under the request of the energy distribution company Energo-Pro-Georgia. clip 

Energy Minister rules out growth of power tariff

20.08.14 14:39

The Minister of Energy and Natural resources, Kakha Kaladze downplays the concerns of some opponents about the possible growth of the electricity consumption charge, saying the electricity tariff will not be clip 

Foreign Minister comments on possible Russian embargo

18.08.14 13:20

Minister of Foreign Affairs of Georgia says the government will find ways to fit the new trade terms in case Russia bans import of Georgian product on its territory, which is quite possible after Georgia and two other post-Soviet republics signed Association Agreement with the European Union last June. clip 

IMF approves $140 mln loan to Georgia

14.08.14 13:48

The International Monetary Fund has approved a 153 million U.S. dollar loan to Georgia - the issue was discussed at the meeting of the Cabinet, at the end of which, the Minister of Finance, Nodar Khaduri defined that the total amount of the loan would be transferred to Georgia during 3 clip 

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Government launches pilot draft of agriculture insurance

14.08.14 13:29

The government of Georgia will allocate five million GEL from the state budget to fund the new program of agriculture insurance - Minister of Agriculture Otar Danelia announced after the meeting of the Cabinet clip 

Suspending free trade agreement by Russia `not a tragedy`:PM

31.07.14 20:14

Georgia`s Prime Minister Irakli Garibashvili considers Russia’s plan to suspend free trade agreement with Georgia “not a tragedy” clip 

Russia intends to suspend free trade agreement with Georgia

31.07.14 19:48

Russia’s Ministry for Economic Development has drafted a government regulation suspending the agreement between Russia and Georgia on free clip 

Prime Minister meets the Conti Group president

21.07.14 18:12

The Conti Group, an American investment holding enters Georgia by opening its branch here. Kurt Conti, the president of the investment holding company, introduced his plans for Georgia to the Prime Minister of Georgia today. clip 

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