Economic Press Monitor
January 20, 2017
IN THIS ISSUE:
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| 1. |
IF OTHER CONDITIONS BEING EQUAL, GEORGIA’S ECONOMIC WILL GROW BY AN EXTRA 4.3% THROUGH COOPERATION WITH EU
International Cooperation
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Time, passed since signing of agreement on Deep and Comprehensive Free Trade Area (DCFTA) between Georgia and the EU (September 2014), is insufficient in order to estimate economic results of integration; at least mid-term period is necessary for assessment of produced effect, the article says. However, short-term affects could be already seen in trade flows and production exchange structure; growth is observed in both import and export, the article notes.
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| 2. |
GAPS OF THE CITY DEVELOPMENT POLICY
Construction
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Within the project “Initiative for a Public Space”, Georgian National Committee of Blue Shield disputes decisions of Tbilisi City Hall’s Architect Service and has filed a suit against project “Panorama Tbilisi” (large-scale construction in historic part of Tbilisi), the magazine says. Besides, the Committee prepared study “Gaps of the City Development Policy”, which author is lawyer Anano Tsintsabadze.
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KALADZE: RUSSIA WOULD SUPPLY IRANIAN GAS TO ARMENIA, THUS, WE HAVE ACTED PROPERLY
Energy, Oil & Gas
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As Georgia’s Energy Minister Kakha Kaladze states, “Today, Russia can supply gas to Armenia via Iran”. “This would naturally inflicted very big loss on us”, the Minister says and points that this was very important pre-condition of making agreement with Gazprom.
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