Electronic Articles

Parliament of Georgia adopted new legislative package initiated by the government of Georgia that includes 3 draft laws and 17 amendments to the functioning laws. The package aims to enhance competitivness and efficiency of the Georgian financial sector, facilitating rapid economic growth, attracting FDI, developing free market institutes, simplifying company registration and creating global financial [...]

Three months ago Georgia, acting through the Ministry of Finance of Georgia, has successfully completed its first international sovereign bond offering and has become the only CIS country to date to have its Eurobonds listed on the London Stock Exchange.
The offering of the US Dollar-denominated Eurobonds in the principal amount of US$500 million and with [...]

Operating in uncompetitive environment is very common for businesses in post-communist countries. Often such environment is encouraged by governments through imposition of tariffs, quotas or licenses. In this sense Georgia is not an exception. It is really rare to find any business that is operating in truly competitive and free environment.
However there is certain [...]

Construction of Turkish part of Baku-Tbilisi-Kars Railway that is 76 kilometers long and will be constructed in Eastern Anatolia region will be officially launched today. President of Turkey Abdullah Gul, President of Azerbaijan Ilham Alliyev and President of Georgia Mikheil Saakashvili will be attending the opening ceremony.
Agreement on building railway that will connect three neighboring [...]