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Economic Press Monitor


December 18, 2014

IN THIS ISSUE:

1. TBILISI AIRPORT WILL BEAR SUCH LOAD FOR MORE 5 YEARS
2. SPECIAL RESTRICTIONS FOR LOCAL PRODUCTION’S PROTECTION
3. WINE COMPANIES SUSPENDED EXPORT TRANSPORTATIONS TO RUSSIA

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1. TBILISI AIRPORT WILL BEAR SUCH LOAD FOR MORE 5 YEARS
Transport & Communications

The newspaper says that Tbilisi International Airport, calculated for 2.8 million passengers, does not have so far problems with traffic capacity.

Expert Nika Kvaratskhelia declares that current rate of traffic growth should not cause problems for next 5 years to the airport.

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2. SPECIAL RESTRICTIONS FOR LOCAL PRODUCTION’S PROTECTION
Economic & Politics

The newspaper reports that authorities plan imposition of restrictions on subsidized import, i.e. on import, implemented from countries, which subsidize it.

As one of this initiative’s reasons, head of the Parliament’s committee on branch economy Zurab Tkemaladze names subsidy of 30% on agricultural production in Turkey.

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3. WINE COMPANIES SUSPENDED EXPORT TRANSPORTATIONS TO RUSSIA
Agriculture & Food

Due to drop of Russian rouble, export supplies of wine companies to Russian market have been suspended, the newspaper reports.

Head of Tbilgvino Giorgi Margvelashvili told the newspaper that Russian partners have postponed December orders.

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Exchange Rates (NBG)
  04/29/24 + / -
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  EUR   2.8762   0.0049
  RUR   2.8785   0.0311
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