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1. Sakartvelos Ekonomika: “MONOPOLY, WHICH WAS CREATED BY THE STATE”
   (Economic Press Monitor: March 24, 2014)

   Since May 1, processing of all types of cargo in Poti port will be implemented exclusively by Maersk-owned terminal APM Terminals Poti, which will appear soon as full monopolist on Georgia’s logistics market, the magazine reports.

   Finance Minister Nodar Khaduri declared on the subject that Poti port is in private ownership, so the state is unable to interfere in its activity.

2. Tabula: “IVANISHVILI ON ANTIMONOPOLY LEGISLATION”
   (Economic Press Monitor: March 20, 2014)

   Draft bill “On Free Trade and Competition”, being submitted to the Parliament for consideration, will enter in force on March 31 in case of approval.

   One of the bill’s aims is establishment of independent structure, Competition Agency, which will be accountable to the Prime Minister.

3. Tabula: “GOGI TOPADZE: ORGY OF IMPORTERS MUST STOP”
   (Economic Press Monitor: March 12, 2014)

   Fraction Georgian Dream – Industrialists submitted the draft bill to the Parliament, envisaging abolishment of preferential VAT payment for imported goods. The benefits allowed large businesses to postpone VAT payments.

4. Bankebi da Finansebi: ““TBC BANK” LOOSES CONTROL OVER “GOODWILL””
   (Economic Press Monitor: February 19, 2014)

   The newspaper reports that Tbilisi city court has decided recently to appoint hypermarket Goodwill’s rehabilitation manager, which became PKF group, member of the world’s big twenty of auditor and consulting companies. Appointment of this company was supported by group of unsecured creditors of Goodwill.

5. KUTAISI CITY COURT PARTIALLY CONVICTED FORMER PREMIER AND INTERIOR MINISTER VANO MERABISHVILI
   (Daily News: February 17, 2014)

   Prosecutor’s Office reported that Kutaisi city court has convicted today former Premier and Interior Minister Vano Merabishvili of violation of privacy (private property), two episodes of large money embezzlement and bribery of voters. In his turn, former Labor, Healthcare and Social Protection Minister Zurab Chiaberashvili, accused together with Merabishvili, was found guilty in negligence while serving in his office.

6. Tabula: “ABOUT POLITICS”
   (Economic Press Monitor: February 14, 2014)

   Author of the article declares that change of the government in 2012 “has its positive side” and brings arguments to prove this idea.

   “If National Movement had won parliamentary elections, nobody could be convinced that 1 KWh electricity wouldn’t ever cost 5 tetri, 1 cubic meters of natural gas – 25 tetri, while price of petrol wouldn’t be 1 lari”, the author says.

7. Bankebi da Finansebi: “WHO AND WHY BLOCKS AMENDMENT OF LAW ON SECURITIES”
   (Economic Press Monitor: February 12, 2014)

   The article notes that amendments in law “On Securities” were initiated already in spring, but its consideration did not started yet.

   Initiator of the amendments, chairman of the Parliament’s Fiscal Committee David Onoprishvili declares that the government requested additional time for consideration, promising give of the answer by the end of February.

8. Kviris Palitra: “HOW UKRAINIAN EVENTS AFFECT GEORGIAN ECONOMY”
   (Economic Press Monitor: February 10, 2014)

   The expert Avto Silagadze points that maintenance of unstable situation in Ukraine (the third largest trading partner of Georgia) will inevitably affect Georgia’s import. In turn, there is no danger to Georgia’s export to Ukraine, as it mainly consists of mineral water and wine, which are “in regular demand”, he considers.

9. Versia: “FINANCIAL LEVER, WHICH KREMLIN WILL USE AGAINST GEORGIA!”
   (Economic Press Monitor: January 27, 2014)

   The article brings experts’ comments on possibility for Russia to use VTB Bank Georgia in order to cause fluctuations in Georgia’s financial system. Chairman of Experts Club Soso Tsiskarishvili, head of economic unit of political party The Rights Levan Kalandadze and president of Georgia’s Banks Association Zurab Gvasalia are commenting on the subject.

10. “GEORGIAN RAILWAY”: INCOME INCREASED BY 28M LARI IN 2013
    (Daily News: January 22, 2014)

    JSC Georgian Railway declared that according to the preliminary data, income from freight traffic and related station operations in 2013 has increased nearly by 28 million lari.

    Regarding decline of fright volume, the company made statements starting from March, so this information is not new, Georgian Railway pointed in a statement yesterday.

11. FINANCE MINISTER: IT IS IMPORTANT THAT BANKS TO ISSUE NOT ONLY CONSUMER, BUT ALSO BUSINESS CREDITS
    (Daily News: January 13, 2014)

    It is important that long-term funds would be available for the banks in order they will be able to issue not only consumer, but also business credits, Finance Minister Nodar Khaduri declared at today’s meeting with representatives of banking sector.

    The meeting was focused on mechanisms of transfer of 200 million lari, expected to gain from securities’ emission, to commercial banks.

12. PREMIER CALLS ON MEMBERS OF THE GOVERNMENT FOR MORE COORDINATION
    (Daily News: January 10, 2014)

    At today’s government meeting, Prime Minister Irakli Garibahsvili called on members of the government for more coordination and agreement of issues before submission of draft bills to the Parliament. “Anyone who feels like it makes amendments in the draft”, he declared.

13. NBG’S PRESIDENT: BUSINESS SECTOR REPRESENTATIVES SHOULD NECESSARILY HAVE RIGHT EXPECTATIONS
    (Daily News: January 10, 2014)

    Giorgi Kadagidze, president of National Bank of Georgia (NBG), declared that representatives of business sector should necessarily have right expectations while making decision.

    At today’s meeting with members of Business Association, Kadagidze spoke about methods of financing balance of payments deficit and NBG’s monetary policy.

14. 24 Saati: “RUSSIA HAS NO PLANS TO ABOLISH THE VISA REGIME WITH GEORGIA”
    (Economic Press Monitor: December 19, 2013)

    While addressing to Russian Federation Council a foreign policy report, Russian Foreign Minister Sergei Lavrov declared that Russia is not planning to abolish visa regime with Georgia, the newspaper says.

    As Zurab Abashidze, special envoy of Georgian Prime Minister in relations with Russia, declares, “subject of consideration is gradual simplification of visa regime for certain categories of citizens”.

15. NEW GOVERNORS WERE APPOINTED IN 9 REGIONS OF THE COUNTRY
    (Daily News: December 13, 2013)

    Georgia’s Prime Minister Irakli Garibashvili presented today governors of 9 regions of the country.

    In particular, governor of Kakheti will be Irakli Shiolashvili, lawyer, who worked at Economy and Finance Ministries, while since 2012 – as head of administration in Dedoplistskaro district of that region.

16. Kviris Palitra: “LARI IS “WELL” DEVALUATED”
    (Economic Press Monitor: December 9, 2013)

    In the recent days, lari rate has been sharply devaluated towards the US dollar, reaching 1.7050 GEL/USD, the newspaper notes. The article brings comments on the subject of Georgian Banking Association president Zurab Gvasalia and expert Levan Kalandadze.

17. Versia: “BUDGET-2014 – NEW PUZZLE OF THE GOVERNMENT”
    (Economic Press Monitor: December 6, 2013)

    The article says that key subject of disputes between members of the parliamentary majority and minority is the issue, why the state takes a debt of 1.6 billion lari to cover deficit of 3.9% in budget-2014.

    At that, 600 million will be borrowed on local market, while 200 million lari out of this sum will be placed in local commercial banks in order to encourage them to issue long-term credits.

18. Versia: “THE SCHEME, WHICH ADEISHVILI AND HEAD OF SAAKASHVILI’S GUARD USED TO BANKRUPT THE CONSTRUCTION COMPANY”
    (Economic Press Monitor: December 2, 2013)

    The article considers problems, created to construction company M.G. and Company and insurance company Ardi Group under ruling of the previous government.

19. Versia: “GM PRODUCT – SAVIOR FROM HUNGER OR SOURCE OF DISEASE”
    (Economic Press Monitor: November 22, 2013)

    Zurab Kuchukashvili, assistant professor of Biology Department of Exact and Natural Sciences Faculty at Tbilisi State University, says that certain risks and questions exist in regard of genetically modified (GM) products. However, there is no concrete evidence, if these products create problems to human health, he points.

20. Rezonansi: “GOVERNMENT SAYS GOOD-BYE TO ECONOMIC ZONES”
    (Economic Press Monitor: November 22, 2013)

    David Onoprishvili, chairman of the Parliament’s Fiscal Committee, declares that industrial zones have not succeeded in Georgia. One or two zones might remain, but Economy Ministry should analyze well, how to improve these zones and attract investments, he notes.

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