Daily News September 4, 1998	Days:  02 03 04 07 08

politics

GEORGIAN SIDE CONCEDED AT THE TALKS WITH THE ABKHAZ SEPARATISTS

On December 2, the State Minister of Georgia Vazha Lortkipanidze held a meeting with the president of the self-proclaimed republic of Abkhazia Vladislav Ardzinba. The parties reached agreement as to consideration of the refugees’ return as well as economic issues.




AN INVESTIGATION SCHEME FOR CASES OF CEASE-FIRE VIOLATION IN GALI REGION TO BE DEVELOPED BY THE UN MISSION WITHIN 2 WEEKS

This provision was recorded in the minutes of the Coordination Council session held on September 2, said the head of the Georgian delegation in the council Vazha Lortkipanidze. A mixed group of conflict sides representatives and UN military observers is to be set up for the purpose.




WHITE LEGION ACCUSED THE HEAD OF THE SEPARATIST ADMINISTRATION OF GALI REGION OF INVOLVEMENT IN THE EXPLOSION IN ZUGDIDI

This is the main idea of the release distributed by the press-center of the White Legion. The legal office of this guerilla unit has been investigating this act of terror independently, said the head of the office Zurab Samushia.




ISRAEL PRIME MINISTER TO ARRIVE IN GEORGIA WITH A DAY-LONG VISIT

Binyamin Natanyahu will arrive in Tbilisi on September 9. He will have a meeting with Eduard Shevardnadze and other high officials, and will give a speech in the Parliament.




DEPUTY DEFENSE MINISTER GRIGOL KATAMADZE RECEIVED THE NEWLY APPOINTED MILITARY ATTACHЙ OF THE TURKISH EMBASSY VEDAT VILDYZ

The meeting was held yesterday. The parties stressed that the military cooperation between Turkey and Georgia has been developing and proves fruitful.




PRESIDENT OF GEORGIA NEGOTIATES WITH THE COMMISSARIAT FOR REFUGEES’ AFFAIRS

President of Georgia Eduard Shevardnadze had a meeting with the UN Assistant High Commissioner for refugees’ affairs and the director of the European regional bureau of the same commissariat. The agenda included issues of economic support to the refugees and the problem of their return to the place of living.

economics

ACTIVITIES TO PROMOTE REHABILITATION OF THE INVESTMENT CONDITIONS IN GEORGIA SCHEMED

In his decree to this effect, the President points out that the law “About support and guarantees in investment activities”, passed in 1996, brought positive results. At present $139.8 million of direct investment is recorded in the state registration list of foreign investors, and on top of this $135 million of invested capital, which is not subject to registration, is involved with the energy sector.




GOVERNMENTAL COMMISSION SET UP AT THE PRESIDENT’S DECREE TO EXECUTE ENTIRE INDUSTRIAL POLICY

The commission is to be headed by the State Minister Vazha Lortkipanidze. In cooperation with the Ministry of Industry, the Commission is charged to develop a draft decree providing distinct information about the role and functions of the Ministry of Industry and priority directions of its work.




STARTING OCTOBER 1 THE COST OF 1 KWH TO BE RAISED TO 0.06 LARI

Deputy Minister of Fuel and Energy, Mikhail Menteshashvili reported of the electricity price raise at today’s briefing at the Ministry. The population will be partly recompensed by means of 10% salary raise.




IN THE WEEK SINCE AUGUST 28 THROUGH SEPTEMBER 3 CONSUMER PRICE INDEX MADE UP 99.62%

According to the Department of Statistics, the prices went down by 0.38%. Prices for non-food goods went down by 0.97%, while food grew in prices by 0.45%.

business

THE ISSUE OF RESTRUCTURING TELASI’S DEBT TO BE RESOLVED WITHIN THE NEXT 2-3 DAYS

This was reported at today’s briefing at the Ministry of Fuel and Energy. TELASI’s debt runs up to $100million.




NATIONAL BANK TO STRENGHTEN CONTROL OVER COMMERCIAL BANKS

As it had been reported, the joint stock commercial bank Armazi got its license withdrawn. The reason for such strict punitive measure was non-fulfillment of certain terms, i.e. gradual provision of the authorized capital and violation of other economic regulations.