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Economic Press Monitor


July 16, 2019

IN THIS ISSUE:

1. ABOUT WHAT TUSK SPOKE WITH IVANISHVILI BEHIND CLOSED DOORS
2. MARMORATED STINK BUG IS COMPLETELY TURNED UNDER CONTROL AND ITS POPULATION CONSIDERABLY DECREASED
3. IN TERMS OF WINE EXPORT’S GROWTH RATE, GEORGIA IS IN GLOBAL FIVE
4. BALTIC EXPERIENCE ON GEORGIAN MARKET

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1. ABOUT WHAT TUSK SPOKE WITH IVANISHVILI BEHIND CLOSED DOORS
Economic & Politics

After international conference, devoted to the 10th anniversary of the Eastern Partnership, which took place in Batumi on July 12, European Council president Donald Tusk met chairman of ruling Georgian Dream Bidzina Ivanishvili, the newspaper reports. The meeting was held behind closed doors.

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2. MARMORATED STINK BUG IS COMPLETELY TURNED UNDER CONTROL AND ITS POPULATION CONSIDERABLY DECREASED
Agriculture & Food

Georgia’s First Deputy Minister of Environmental Protection and Agriculture Gela Khanishvili declares that “program against marmorated stink bug [the pest, Halyomorpha halys] is successfully implemented in 2019”. “The marmorated stink bug is completely turned under control”, he assures, pointing that “the works, conducted in the last year, were of great importance, resulting in appearance of less marmorated stink bugs this year”.

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3. IN TERMS OF WINE EXPORT’S GROWTH RATE, GEORGIA IS IN GLOBAL FIVE
Agriculture & Food

In terms of wine export’s growth in 2000-2016, Georgia was on the 5th place in the world, the magazine reports, referring to data of the American Association of Wine Economists (AAWE). For the mentioned period, cumulative growth of Georgian wine export made up 291%.

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4. BALTIC EXPERIENCE ON GEORGIAN MARKET
Companies

Baltic Investment Group was founded in Georgia with Lithuanian capital in 2014, executive manager of the company Vygantas Zenkevicius says in interview to the magazine. We entered Georgian market, as financial investors, besides, have created own construction company, he notes.

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Exchange Rates (NBG)
  05/02/24 + / -
  USD   2.6797   0.0009
  EUR   2.8684   0.0101
  RUR   2.9172   0.0674
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