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Economic Press Monitor


February 12, 2019

IN THIS ISSUE:

1. GEORGIA ADVANCED AMONG BEST EUROPEAN COUNTRIES FOR BUSINESS
2. GEORGIA IN THE VIEW OF THE BLACK SEA CONTAINER MARKET
3. GEORGIA, AS SEA GATE OF MIDDLE CORRIDOR

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1. GEORGIA ADVANCED AMONG BEST EUROPEAN COUNTRIES FOR BUSINESS
Economic & Politics

In the EU Chamber’s (EuCham) rating of the best for business countries, Georgia occupies the 16th place among 46 countries takes with score of 71 points (from 100), the magazine reports. The article notes that the country has improved its score by 2 points.

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2. GEORGIA IN THE VIEW OF THE BLACK SEA CONTAINER MARKET
Transport & Communications

By data of the first three quarters of 2018, Georgia accounts for about 14% of the Black Sea container market, reports author of the article (Irakli Danelia, representative of Maersk in Georgia).

The article notes that Georgian container market is represented by seaports of Batumi and Poti, of which the latter (owned by APM Terminals) is the largest.

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3. GEORGIA, AS SEA GATE OF MIDDLE CORRIDOR
Transport & Communications

Georgia represents the shortest link for Central Asia via middle corridor (Central Asia – Caucasus corridor, part of Europe-Asia transport route) and, because of this, one of the key hubs, author of the article (Giorgi Doborjginidze, chairman of Georgian Logistics Association) notes.

Raise of competitiveness of middle corridor requires, first of all, improvement of sea communications, the author considers.

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