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Daily News

May 16, 2000

Previous Issues:  Days: < 12 15 16 17 18 > 

 

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politics

    STUDY OF DRAFT AGREEMENTS WITH RUSSIA “ON COOPERATION FOR INDUSTRIAL PROPERTY PROTECTION” AND “ON PRODUCTION COOPERATION” FINISHING AT FOREIGN MINISTRY

    As Sarke was informed at the Foreign Ministry, the first draft agreement assumes cooperation between the governments of the two countries for the protection of the immaterial goods, know-how and trademarks. The second agreement, to be concluded again between the governments of Georgia and Russia, assumes making direct contacts between the governments of these countries.


    NEW CONSTITUTION FOR STATE OFFICE BEING ESTABLISHED

    This is the information delivered at the session, held at the State Office on May 15. According to Giorgi Arsenishvili the Sate Minister, the potential of the state office is not used completely, resulting in the partial implementation of its functions.


economics

    US CEASED THE PROGRAM PL-480

    The program, which has been implemented for 5 years by the US government, envisaged supplying Georgia with grain. As the acting Minister of Agriculture Bakur Gulua declared today, from the realization of American grain at Tbilisi International Grain and Oil Exchange the country’s budget received 65 million Lari.


    WB WILL FUND FAO VINICULTURE DEVELOPMENT PROGRAM IN GEORGIA

    As the acting Minister of Agriculture Bakur Gulua declared today, the program confirmed on May 11 is scheduled for 2001-2005. Since 1997 FAO has expended $260,000 on conducting preliminary investigations, to be finished by the end of this year.


    BAKUR GULUA AGAINST TRANSFERENCE REGULATING FUNCTIONS FROM SAMTREST TO WINE FEDERATION

    Today, the acting Minister of Agriculture informed that according to the proposal submitted to the Parliament, the regulating functions in viniculture and wine industry, conducted at the moment by the state department Samtrest are to be transferred to Wine Federation, uniting wine makers.

    Gulua is flatly against this proposal, as in this case, according to him, the regulating functions will appear monopolized by the country’s greatest wine maker GWS.


    INTERNATIONAL EPIZOOTIC BUREAU ALLOCATED 300,000 VACCINES TO GEORGIA

    According to the acting Minister of Agriculture Bakur Gulua, the vaccination of cattle will be conducted in the regions bordering Turkey. 92,151 heads of cattle were vaccinated in the first stage of vaccination, which ended on April 30.


business

    COMMERZBANK BECAME GOVERNMENT’S ADVISOR IN THE PRIVATIZATION OF TELECOMMUNICATIONS SPHERE

    The decision of the tender commission over Commerzbank’s victory was announced yesterday after receiving WB’s approval. As it was informed at the State Property Management Ministry, the negotiations on conducting agreement with this German Bank have started today.


    EBRD PURCHASED 6% MICROFINANCE BANK OF GEORGIA

    This agreement was signed in Tbilisi today, right after one year of establishing this bank with 5 million Lari equity capital. Signing of the agreement coincided with the auctioneers annual assembly, including the German KFW (51% shares) and IMI (12%), the bank of Netherlands FMO (12%), as well as Georgian TBC-bank, Tbilcombank, Tbilcreditbank and Intellectbank (jointly 25%).


    ITERA DELEGATION VISITING TBILISI

    As it was informed at Itera representation today, the delegation, headed by the senior vice-president of the corporation Genadi Bondarenko, is discussing with the Georgian government the question concerning the JSC Tbilgaz privatization. Under the agreement reached during the Moscow negotiations in April, during this visit the joint working group is to be created, which will deal with working-out of the privatization project and the following the JSC Tbilgaz rehabilitation.


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