Mikheil Janelidze has attended the Global Business Forum organized by Bloomberg
Within the framework of his visit to New York, the Georgian Vice Premier, Foreign Minister Mikheil Janelidze attended the global business forum organized by Bloomberg.
The high-level meeting was opened by Bloomberg Founder and President Michael Bloomberg, former U.S. President Bill Clinton, President of the French Republic Emmanuel Macron and Alibaba Founder Jack Ma.
Within the framework of the meeting, Mikheil Janelidze had the opportunity to exchange his views with the world leaders and the heads of the largest business companies, including the former U.S. President Bill Clinton, Canadian Prime Minister Justin Trudeau and Bloomberg Founder Michael Bloomberg. Underlining the importance of business-government co-operation in overcoming the global challenges, the latter thanked the Georgian Vice Premier for his participation in the event.
On the sidelines of the event, Mikheil Janelidze also met with the Chief Executive Officer of MasterCard Company, Ajay Banga, who expressed his interest in Georgia’s business environment and in identifying priority areas for co-operation with Georgia.
EU High Representative Federica Mogherini, Canadian Prime Minister Justin Trudeau and representatives of international companies took part in the thematic panels and spoke before the participants of the event.
The Minister of Foreign Affairs of Turkmenistan gave a speech at the 13th Central Asia-Korea Cooperation Forum
On November 25, 2020, the 13th Central Asia-Korea Cooperation Forum was held, during which the video statement of the Minister of Foreign Affairs of Turkmenistan R.Meredov was heard.
The Minister of Foreign Affairs of the Republic of Kazakhstan M. Tleuberdi, the First Deputy Minister of Foreign Affairs of the Kyrgyz Republic N.Niyazaliev, Minister of Foreign Affairs of the Republic of Tajikistan S. Mukhriddin, Minister of Foreign Affairs of the Republic of Uzbekistan A. Kamilov and Minister of Foreign Affairs Republic of Korea Kang Kyung-wha also gave speeches in the framework of the Forum.
During the Forum, a wide range of issues of cooperation between the countries of Central Asia and the Republic of Korea in the political-diplomatic line, as well as in the trade-economic and humanitarian fields were discussed.
The parties noted the similarity of their positions on promoting international mechanisms aimed at maintaining peace, security and sustainable economic growth at the regional and global levels.
Turkmenistan stands for the development of the investment climate in the region, welcomes the "New Northern Economic Policy", as announced by the President of Turkmenistan at the International Forum on Northern Economic Cooperation in October this year. “This important initiative of the Republic of Korea is in many respects consonant with the concept of the “Revival of the Great Silk Road”, stressed Minister R. Meredov.
The agenda focused on public health, education, standardization and the environment. The parties exchanged views and proposals regarding the development of cooperation in each direction.
In his speech, the head of the Foreign Ministry of Turkmenistan reflected the activities of Turkmenistan in the health sector, including its contribution to the overall fight against the spread of the coronavirus. It was noted that under the leadership of the President of Turkmenistan, active cooperation with the World Health Organization continues.
R. Meredov drew attention to the need to ensure universal and equal access to vaccines, and suggested continuing scientific and research contacts.
Interaction in the field of education, including scientific exchanges and programs to improve the qualifications of specialists on a mutual basis, was considered.
The Minister of Foreign Affairs of Turkmenistan spoke about the concrete results of the partnership, including the opening in Ashgabat of the Educational Center for the Study of the Korean Language and Culture of the King Sejong Institute Foundation and others.
The parties agreed to continue cooperation in education, in particular distance education, using modern information and communication technologies. Interaction between the specialized structures of the CA countries and the Republic of Korea continues.
The Forum discussed issues of standardization, in particular from the point of view of the development of regional and international economic ties. It was stated that interaction in this area is important for the development of trade and economic relations between the countries of this format.
During the meeting, issues of environmental safety were also considered. The parties discussed the possibilities of expanding cooperation in combating climate change, maintaining a green economy, and careful use of natural resources.
Following the meeting, the participants adopted the Joint Statement of the 13th Central Asia-Korea Cooperation Forum and the Action Plan of the Forum Secretariat for 2021.
EU4Business project helps set up business clusters for better access to EU market
Up to 100 Georgian small and medium-sized enterprises (SMEs) are now in a better position to take advantage of the benefits of the free trade agreement between the EU and Georgia.
The EU-supported project ‘SME Development and DCFTA in Georgia’ has helped to establish three business clusters in the country and to lay the groundwork for two more, reaching out to 100 SMEs specialising in furniture, interior design, film production and post-production, ICT, apparel and honey production.
As a result of the 4-year project, these SMEs have received access to leading international expertise to help them identify opportunities for capacity and product development, better competitiveness and integration with the European market.
Cluster member SMEs currently employ more than 1,400 staff members in Georgia.
You can too! How the EU supports women entrepreneurs in Georgia
You can too! How the EU supports women entrepreneurs in Georgia?
- 1. I want to start my own business, but I’m not sure my idea would work. Who can advise me?
The European Union is very active in supporting the development of new businesses, particularly among women and particularly in the regions of Georgia, often with a focus on rural and disadvantaged areas. So don’t think that you need to be in Tbilisi, to have a higher education or an established business in order to access EU support – on the contrary!
The EU supports a number of programmes and business support facilities that provide know how, practical help, and even funding to help you start your business.
Here are some examples:
If you are looking for support in agriculture, the ENPARD programme provides information, training, advice and financial support all over Georgia, with hundreds of thousands of farmers benefitting since 2013. Visit the programme’s interactive map to find regional initiatives, contacts, information centres and cooperatives near you.
The Mayors for Economic Growth programme supports local authorities in developing economic growth and job creation. Among the dozens of local authorities that have signed up in Georgia, three – Bolnisi, Gori and Tbilisi – are running pioneer projects including support for new entrepreneurs with training and business development facilities, ensuring the equal access of women to development opportunities.
- 2. Business advice is all very well, but you need money to develop your business. How can I get funding when I have no money of my own and no business experience?
A number of grants for agricultural projects are available under the ENPARD programme. Follow the calls section on their website to see the list of grant competitions that are available.
While the local development projects funded under the Mayors for Economic Growth initiative do not provide grants, they will help you to access finance. For example, the SPARK business accelerator set up under the project in Tbilisi offers new businesses assistance in preparing a business plan, and puts you in contact with potential investors and sources of finance.
One EU-funded programme offers loans that are specifically tailored to women: Women in Business can provide finance both to start and develop a business. The programme works with local partners Bank of Georgia and TBC Bank and offers preferential terms for women entrepreneurs to finance new business ideas or expand an existing business. Several other projects under the EU4Business initiative also work with local banks to provide loans for SMEs – from micro-finance to major investment loans.
- 3. I already have a business, but I need help to take it to the next step: is there any EU support available for me?
If you already have a business and you are looking to develop, funding (and training) is available through a number of programmes under the EU4Business initiative, which supports private sector development across Georgia.
Apart from providing loans, Women in Business offers training and subsidised advisory services that are specifically tailored to women-led businesses. The programme also offers a personalised online tool – the Business Lens – to assess your business and see what kind of support you can access.
Some EU4Business programmes also offer finance for much larger businesses, but others such as the DCTA Initiative East offer microfinance loans up to €25,000. The European Fund for South East Europe (EFSE) also provides small loans (average loan size €14,300) to the smallest businesses (less than 10 employees) in sectors such as agriculture, industry, trade and services. Click here for the full list of finance programmes under EU4Business, here for projects offering training and business advice, and here for projects supporting access to markets.
Georgian entrepreneurs also have access to the Enterprise Europe Network, which helps Georgian SMEs find business and technology partners across Europe and beyond.
- 4. I’m not sure I want to start a business, but I want to learn new skills: is there something for me from the EU?
Training and skills are a key priority of EU support in Georgia, and the EU provides considerable funding for Vocational Education and Training (VET). The EU recently launched a 150 million GEL programme supporting vocational education and labour market development. The 5-year programme will help 105,000 Georgians find jobs by expanding high quality vocation education, improving labour policies, and supporting entrepreneurship training.
In terms of direct support, the individual EU4Youth programmes – Say YES: Skills for Jobs, Enhancing Youth Education, Employment and Participation in Conflict-affected Areas in Georgia and Ukraine, Fostering Potential for Greater Employability, and Better Skills for Better Future – have a strong focus on skills for under-35s, especially in less advantaged regions of Georgia, providing training, mentoring and internships to help young people find jobs.
For young women under the age of 30, the EU offers exciting opportunities under its Erasmus + youth programmes. You can join the almost 10,000 young Georgians who have already learned new skills and developed valuable experience by participating in youth projects or volunteering for work abroad under the European Solidarity Corps.
- 5. Are there women like me, who started their own business with EU help?
There are lots!
Nata, Manana, Irina and Dali all received grants under the ENPARD programme. Natalia and Irina come from Tbilisi, Manana from Tsalka, and Dali from Upper Alvani. Natalia grows cucumbers, Irina tomatos, Manana runs a tea processing enterprise, and Dali combines honey production with educational courses. They have all developed their business with the help of EU training and grants.
Irina Gloveliand Tekla Mamageishvili both received advisory support as part of the Women in Business programme. For Tekla, the project helped to plan the activities of her eye clinic more strategically and attract financial resources, while Irina received help to put her engineering company’s financial reporting in order, leading to a 7.5% rise in profits.
Manana Chqareuliworked from home as a seamstress. With the help of loans under the EFSE programme, she was able to upgrade her equipment, lease a proper workspace and hire staff to develop her business. Now her company is on its way to becoming a brand in its own right.
Diana Bakradze and Anna Varamashvili benefitted from skills training and internships under a project for ‘Support of vulnerable youth to become productive citizens through learning, training and employment’, an important step to an independent professional life.
Click here for more success stories from ENPARD, here to find out what the city of Bolnisi is doing under the Mayors for Economic Growth project, and here to learn about five Georgian women who have benefited from EU support across a range of areas.
- 6. Whom can I ask for help?
Visit the ENPARD website to find contact information in all the different regions of Georgia, and check the programme’s interactive map to find regional initiatives, contacts, information centres and cooperatives near you.
If you already have a business and are looking to develop it, check out the training and funding opportunities available under EU4Business in Georgia.
For education and youth opportunities, contact the national Erasmus + office in Georgia.
And don’t forget to follow the EU Delegation to Georgia on Facebook for updates and new opportunities.
Turkmen-Afghan Business Forum held in Ashgabat
On the 27th of February 2020, Turkmen-Afghan Business Forum was held in the Ministry of Foreign Affairs of Turkmenistan.
From the Turkmen side, the heads and representatives of a number of ministries and agencies of the country, including the Union of Industrialists and Entrepreneurs and the Chamber of Commerce and Industry participated to the Forum. Among the participants of the representative delegation of Afghanistan, there were specialists of trade-economic sector of the country and private entrepreneurs.
During the meeting, the parties touched upon a number of contemporary issues of trade and economic nature. The opportunities of expanding the variety of imports and exports between the two countries, enhancement of investments, facilitation of trade procedures, as well as the establishment of direct contacts between the business circles were regarded.
The parties expressed intent to intensify the trade relations in the field of energy, transport and logistics, communications and industry. The exchange of views on expanding the cooperation in the oil and gas field, as well as in the construction sphere took place. The participants agreed to continue regular negotiations on these matters.
Speaking about the social-economic development of Afghanistan, the participants noted the vital role of humanitarian initiatives realized under the leadership of the President of Turkmenistan Gurbanguly Berdimuhamedov.
Giorgi Gakharia: Hospitality is in our DNA, and it is a country where future is born from history and traditions
We are honored to host the Silk Road Forum for the third time in Tbilisi, Georgia. This event has gathered more than 2000 participants from over 60 countries, Georgian Prime Minister Giorgi Gakharia stated in his speech at the formal reception honoring the delegates of the Silk Road Forum.
As the Head of Government underlined, more than 300 bilateral meetings have already been scheduled, which is remarkable, indeed.
Besides Georgia's investment opportunities, Giorgi Gakharia, in his speech, also singled out the worldwide uniqueness of Georgian hospitality.
"Georgia is not only the best place for investments and doing business. Georgia is a homeland of winemaking and Georgians are number one hosts in the world, because hospitality is in the DNA of our culture.
So, let me, keeping in mind all countries along the Silk Road, raise a toast to Georgia at the crossroad of civilizations, where future is born from history and traditions," Giorgi Gakharia stated.
Prime Minister's Press Office