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Economic Press Monitor


July 21, 2017

IN THIS ISSUE:

1. CONTENT OF NITRATES IN WATER-MELONS 3 TIMES EXCEEDS ADMISSIBLE NORM
2. TASTY INVESTMENTS
3. WHY IT WAS DECIDED TO SUPPLY GEORGIAN ARMY WITH IMPORTED MEAT INSTEAD OF LOCAL ONE?

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1. CONTENT OF NITRATES IN WATER-MELONS 3 TIMES EXCEEDS ADMISSIBLE NORM
Agriculture & Food

Amiran Shengelia, head of non-governmental organization Ethics, declares that “imported and local fruits and vegetables are oversaturated by nitrates, especially water-melons and nectarines”. “We have conducted research and determined level of nitrates in vegetables and fruits (3 times exceeding the norm)”, he points.

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2. TASTY INVESTMENTS
Agriculture & Food

Exporting success of Georgian hazelnut takes a start from appearance of Italian Ferrero on Georgian market, the magazine points. Now, we can say with confidence that hazelnut is steadily in top three of exporting production, the article states.

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3. WHY IT WAS DECIDED TO SUPPLY GEORGIAN ARMY WITH IMPORTED MEAT INSTEAD OF LOCAL ONE?
Macroeconomics & Budget

In this month, tender on supply of military units, located in Eastern Georgia, with beef was won by LLC Ukhvi, which plans delivery of meat from Ukraine, the newspaper reports. Cost of the tender amounted to 1.64 million lari.

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Exchange Rates (NBG)
  05/01/24 + / -
  USD   2.6788   0.0061
  EUR   2.8583   0.0221
  RUR   2.8498   0.0249
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