Economic Press Monitor
January 18, 2018
IN THIS ISSUE:
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| 1. |
ELECTRICITY OF “ENGURHES” WAS NOT ENOUGH TO ABKHAZIA ALREADY IN DECEMBER
Energy, Oil & Gas
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Referring to electricity balance of Georgia, the newspaper reports that electricity, generated by EngurHES in December 2017, amounted to 227 million kWh, while Abkhazia got 241 million kWh during this period. The article notes that generation of Georgia’s heat stations totaled in the reporting month to 393 million kWh, while import amounted to 134 million kWh.
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| 2. |
GEORGIA AND CHINA TO OFFER VISA-FREE REGIME TO TOURIST GROUPS
International Cooperation
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David Aptsiauri, Georgian ambassador to China, declared that Georgia and China plan to sign this year agreement on visa-free travel for tourist groups. The ambassador said the mentioned on air of TV company Maestro and noted that thorough study of Chinese market is necessary, as this is specific country and requires special knowledge.
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| 3. |
NONA MAMULASHVILI ELECTED AS PRESIDENT OF SWITZERLAND-GEORGIA BUSINESS ASSOCIATION
Economic & Politics
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Nona Mamulashvili is elected the president of Switzerland-Georgia Business Association with office terms of 4 years, the magazine reports. In parallel, Mamulashvili occupies post of vice-president of Georgia branch of International Chamber of Commerce (ICC-Georgia).
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| 4. |
IVANISHVILI’S PERSONAL BANKER AVOWS THAT HE FORGED THE BILLIONAIRE’S SIGNATURE SINCE 2008
Conflict and Court
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On the trial in Geneva, Patrice Lescaudron, Credit Suisse former personal banker of Georgia’s billionaire ex-premier Bidzina Ivanishvili, avows that starting from 2008, he forged signature of the client, Tabula says. The article reports that Lescaudron conducted transactions, which lack Ivanishvili’s authorization, inflicting thus damage of $150 million to the billionaire.
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