Economic Press Monitor

IN THIS ISSUE:

On March 1, the Georgian government still clearly indicated that Georgia was not ready for EU membership and the process would begin in 2024. However, on March 2, the ruling Georgian Dream declared that an application for EU membership was being already in preparation, while on March 3, Georgia submitted application for the EU membership.

After the Russian government started a full-scale war against Ukraine, more and more citizens are leaving Russia. As an end or a temporary stop, those who want to leave the country choose neighboring countries, including Georgia, the article says.

“Georgian lari has depreciated more than Ukrainian hryvna!”, Paata Bayrakhtari, vice president of Georgian Young Businessmen and Financiers Association, posted in social media.

The currency of Ukraine, where is at war, has depreciated against the US dollar by 10% on average over the past 2 weeks, while the Georgian lari has depreciated over this period by almost 14%, Bayrakhtari pointed.

On April 6, for the first time since summer 2020, no one died from COVID-19 in Georgia, Netgazeti.Ge reports.

The first patient in Georgia died from COVID-19 in April 2020, and since then, that disease killed a total of 16,765 people in the country.

The US House Committee on Foreign Affairs has approved an act supporting the independence, sovereignty, and territorial integrity of Georgia, Tabula reports.

The article notes that at the next stage, the bill must be approved at the plenary session of the House of Representatives, and then it will be submitted to the US Senate for approval.

In 2021, turnover of container transportation in the Black Sea region has increased by 3% compared to 2020, the magazine reports. The article notes that the growth was recorded in all countries of the region, except Georgia, where the decline exceeded 12%.