Economy
TI Georgia vs. Ministry of Finance
TI Georgia vs. Ministry of Finance
11 April, 2013
Transparency International Georgia (TI Georgia) lodged a complaint in Tbilisi City Court on April 5, 2013, seeking the annulment of two orders that have led to the restriction of customs procedures for small and medium-sized carriers, allowing Georgian Post to acquire a dominant position.
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Commercial Water Costs Double and Triple
Commercial Water Costs Double and Triple
11 April, 2013
Georgian government decided to double and triple charges on commercialized still and mineral water in spite of the outcry of water producer companies that the sharp increase of tolls would affect their development and export.
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Offshore: Bidzina Ivanishvili among identified – Euronews
06 April, 2013
The few hiding money in offshore banks from the many who do not have the luxury…
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Georgian wine producers want Russia trade ban to end – Al Jazeera
04 April, 2013
Georgian wine, water and fruit producers are hoping a trade embargo by Russia could soon be lifted.
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Chinese Investment Tests Limits of Georgian Hospitality
Chinese Investment Tests Limits of Georgian Hospitality
04 April, 2013
Eurasianet.org publishes an article about Chinese investment in Georgia and building of real estate in Tbilisi suburb.
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Cheaper Credits for Agribusiness
Cheaper Credits for Agribusiness
04 April, 2013
Georgian government starts implementation of promised cheap agro-credits program through 11 banks and 2 micro-financing organizations while skeptics doubt its happy outcome once the profit-oriented commercial sector is involved in it.
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Ministry of Finances Accused of Protectionism
Ministry of Finances Accused of Protectionism
04 April, 2013
Georgian Carriers accuse government of protectionism in favor of state-owned Georgian Post to transform it into the market monopolist. Carriers also fear Georgian Post is just a front figure to a certain Azeri carrier company striving to get a monopolist position at the regional level. Government swears Georgian Post’s privileged position is a temporary remedy to combat contraband.
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Insurance Will Have Independent Supervisory Body
Insurance Will Have Independent Supervisory Body
04 April, 2013
Supervision of Georgian insurance sector will be separated from the National Bank of Georgia soon and an independent Georgian Insurance State Supervisory Service, a public law entity will be set up. The law on commercial banks has already been amended to this end but works on creation of the independent supervisory body will enter the active phase starting April 15, 2013.
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Russia's sanitary inspection studying hygienic norms in Georgian wine
Russia's sanitary inspection studying hygienic norms in Georgian wine
03 April, 2013
Russia's sanitary inspection service specialists are studying sanitary-hygienic norms in Georgian wine companies.
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Russian market opened for Georgian agricultural products
Russian market opened for Georgian agricultural products
03 April, 2013
“Russian market is open for Georgian agricultural products”, the National Food Agency of Georgia told InterpressNews.
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