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Economic Press Monitor


May 19, 2017

IN THIS ISSUE:

1. GEORGIAN-AMERICAN DISCUSSION OF DEVELOPMENT
2. LAW ON TOBACCO CONTROL ENTERED IN FORCE – EVERYTHING THAT IS CHANGED AND FORBIDDEN
3. “GEORGIAN MANGANESE”: THE PLANT CAN STOP, SPECIAL MANAGER IS INCOMPETENT

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1. GEORGIAN-AMERICAN DISCUSSION OF DEVELOPMENT
Economic & Politics

“For the last 10 years, many international indexes show that Georgia is one of the most free and less regulated countries for business, however that did not reflected for some reason in investments, creation of new, stable and well paid jobs”, author of the article, president of America-Georgia Business Council Mamuka Tsereteli declares.

“If we look through statistics for the last 10 years, number of payers of income tax does not grow in Georgia and does not exceed one third of able-bodied population”, Tsereteli specifies.

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2. LAW ON TOBACCO CONTROL ENTERED IN FORCE – EVERYTHING THAT IS CHANGED AND FORBIDDEN
Economic & Politics

The Parliament adopted amendments to law “On Tobacco Control”, which will enter in force stage-by-stage.

In order, the draft to become effective, only signature of the President is required, Tabula notes and points that business categorically opposes the amendments and, supposedly, will complaint against them in Constitutional Court.

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3. “GEORGIAN MANGANESE”: THE PLANT CAN STOP, SPECIAL MANAGER IS INCOMPETENT
Conflict and Court

Owner of Georgian Manganese, American company Georgian American Alloys, declares that appointment by Georgian government of special manager in Georgian Manganese, under excuse of pollution of soil, caused paralyzation of the enterprise. Through this decision, the government plans expropriation of the plant, the company considers.

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