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Daily News

December 1, 2017

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politics

    TBILISI TO HOST PARLIAMENTARY CONFERENCE “EU AND PARTNERS – EMBRACING DIVERSITY FOR STRONGER UNITY” IN NEXT WEEK

    Georgian Parliament reported that international parliamentary conference “EU and Partners – Embracing Diversity for Stronger Unity” will be held on December 4-5 in Tbilisi. Participants of the event will be representatives of European Parliament and national parliaments of 17 countries, including the EU members and membership candidates, members of Eastern Partnership.


    THE PARLIAMENT SPEAKER: THE PARLIAMENT WILL CONTINUE CONSIDERATION OF THE PROJECT OF STRUCTURAL CHANGES IN THE GOVERNMENT AFTER ADDITIONAL CONSULTATIONS

    Speaker of the Parliament Irakli Kobakhidze declared that “parliamentary consideration of the project of structural changes in the government will be continued after additional consultations”.

    “There are certain disagreements in connection with environment protection, as well as certain questions exist in connection with intelligence service”, Kobakhidze explained to journalists.


economics

    FARMLANDS ACCOUNT FOR UP TO 40% OF AVAILABLE LAND IN GEORGIA

    According to Sakstat, Georgia’s land reserves make up 7.63 million ha (taking into account Abkhazia, Tskhinvali region and territorial waters), of which 948,900 ha (12.4%) are in private property.

    Agricultural land covers 3.02 million ha (39.66% of available land), of which 1.77 million ha (25.4%) are in private property.


    IN 2016, GEORGIA EXPORTED RAW WOOD OF $11,900, IMPORTED – OF $3.04M

    Sakstat reported that Georgia’s export of raw wood in 2016 made up $11,900 (15 cubic m), exceeding in monetary expression by 95% the indicator of 2015 (33 cubic m).

    In the reporting year, wood export was conducted completely to Turkey, while in 2015, 97% went to Armenia.


    IN 2016, USE OF WATER RESOURCES DECREASED IN GEORGIA BY 12.8%

    Sakstat reported that Georgia’s use of water in 2016 made up 1.25 billion cubic m (does not include water resource, used by hydroelectric stations for electricity generation). If compared with 2015, the volume has decreased by 12.8%.


    CHAIRMAN OF INTERNATIONAL TEA COMMITTEE: THERE IS IDEAL ENVIRONMENT IN GEORGIA FOR DEVELOPMENT OF ORGANIC TEA PRODUCTION

    Ian Gibbs, chairman of London-based International Tea Committee, stated that “Founders of the Georgian tea unanimously marked unique climatic conditions of Georgia and those advantages of northern location, which distinguish your country from other tea producer countries”.

    “This unity creates the ideal environment for development of production of organic tea”, Gibbs declared.


    ENPARD: WITH ASSISTANCE OF THE EU, ABOUT 1,500 COOPERATIVES ARE REGISTERED IN GEORGIA TODAY

    “With EU support, today around 1,500 cooperatives are registered in Georgia, uniting up to 15,000 farmers”, European Neighborhood Program for Agriculture and Rural Development (ENPARD) reported.

    At that, “more than 280 cooperatives received direct EU funding and technical assistance worth over 13 million lari”, ENPARD said.


business

    “LIBERTY BANK” DECREASES YIELD RATE ON “PATRIOT” DEPOSIT

    Liberty Bank announced that new interest rate will be effective for saving deposit Patriot, opened before December 1 of this year. Namely, instead current 11%, there will be rate of 9% effective after January 3.


    SHOPPING CENTER “GALLERIA TBILISI” OPENED IN TBILISI

    Shopping center Galleria Tbilisi was officially opened yesterday on Liberty Square in Tbilisi. The project was implemented since 2015 by Georgian Co-Investment Fund (established by billionaire ex-premier Bidzina Ivanishvili).


    LLC “DIKA” DECLARED BANKRUPT

    Tbilisi city court declared bankrupt LLC Dika (official representative in Georgia of the European manufacturers of restaurant and hotel equipment), so the company’s registration in the Business Register will be cancelled.

    As the court said, representative of Dika had submitted corresponding request in October.


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