An agreement is reached between Georgian authorities and businessmen in the field of employment contract terms of the draft labor code put under parliamentary procedures at the moment and scheduled to be approved by the end of the spring session.

Very few of reprocessing industry enterprises have availed of preferential agribusiness credits disbursed in frames of the Preferential Agro-Credit Project of the Ministry of Agriculture of Georgia (MOA) within a month of its launch on March 27, 2013. Economic analysts think the reason is the credit program is more tailored to banks’ interests rather than to the agriculture reprocessing industry that should play the first fiddle in agriculture sector revival and development.

Conservative banking policy hinders Georgian economy. According to the influential Standard & Poor’s international rating agency, aside from the political uncertainty, reducing the economic growth-rate in Georgia, is associated with the conservative policy of commercial banks.

The ecological condition of Georgian capital Tbilisi is alarming as the municipality lacks due competence and bases its activity on none-existing strategy for years.

Baku-Tbilisi-Kars railway, projected to be the shortest route between Europe and China will be constructed at more rapid rate than before and it will be completed without impediments. Giorgi Kvirikashvili, Minister of Economy and Sustainable Development of Georgia, sent this message at Georgia-Azerbaijan-Turkey business forum held in Gabala, Azerbaijan on May 25, 2013.

The last order of Ministry of Finances of Georgia paves way to establish Georgian Post as the monopolist at a carrier market.

Tolls on the use of natural resources increased on extraction of only two mineral waters - Borjomi and Nabeghlavi for they are big fishes.

Georgian authorities find unreasonable the construction of Kopitnari and Mestia airports with the state investment funds. However, some Georgian experts believe that infrastructure development falls in the state responsibility whatsoever.

Georgian government works hard to blueprint the EU electricity trade pattern in Georgia in order to get access to the regional market that will boost investments in Georgian hydro-power sector and also make Georgia’s electricity system safer.