Daily News

IN THIS ISSUE:

Georgia’s Prime Minister Giorgi Kvirikashvili declared that timely completion of process of visa liberalization with the EU is “one of key issues of our agenda”. Georgia has successfully fulfilled all technical requirements and we are looking forward with anticipation to visa free regime with the EU, he said.

Georgian Ministry of Finance reported the Minister Nodar Khaduri has met with analysts of international rating agency Moody’s.

As the Ministry noted, the Minister acquainted guests with macroeconomic parameters, key directions of the government’s policy and investment environment of the country.

Georgian-Czech business-forum was held in Tbilisi today, being attended by representatives of 31 Czech and 85 Georgian companies.

According to Georgian Ministry of Economy and Sustainable Development, Czech business was represented by such spheres as railway equipment, banking and financial sector, transport and logistics, informational technologies, medical tourism, healthcare, pharmaceutical products, construction, electric locomotives, etc.

Today, Sakaeronavigatsia (Georgian Air Navigation) signed an agreement on acquisition of backup system of air traffic control from Czech company ICZ.

As Economy and Sustainable Development Ministry reported, cost of the project makes up 1.5 million lari.

Georgian Ministry of Economy and Sustainable Development declared about enactment of action plan on introduction of Performance Based Navigation (PBN) in Georgia. Respective document was signed by Civil Aviation Agency and Sakaeronavigatsia.

Georgia and International Bank for Reconstruction and Development (IBRD, member of the World Bank group) signed today in Tbilisi project on East-West highway (E60) upgrade, envisaging allocation of $140 million to Georgia. The matter concerns funding of works on Zemo Osiauri – Chumateleti section of the highway.

Georgian Ministry of Agriculture reported about the 8^th meeting of board of European Neighborhood Program for Agriculture and Rural Development (ENPARD 1), which was held in the Ministry.

As the Ministry said, scope of the working meeting was course of ENPARD 1 implementation and technical issues, related to planning and implementation of ENPARD 2.

“No one had thought to endanger private property. This is absolutely inadmissible”, Georgia’s Minister of Economy and Sustainable Development Dimitri Kumsishvili declared, while commenting on draft amendments to law “On Public Registry”.

David Saganelidze, executive director of Partnership Fund, hopes that after putting pharmaceutical factory in operation, prices on drugs will be halved. While in near future, prices on drugs are expected to cheapen by 30% at least, he declares.

Agriculture Ministry reported that company Nutinvest plans production of 300 t of hazelnut yearly, exporting the production to EU countries.

Hazelnut processing plant, built in Zugdidi (Samegrelo region) in 2015, employs 50 people, the Ministry pointed.