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.
World Forum for Democracy: “Democracy: A new hope?”
“Democracy: A new hope?” is the theme of this year’s World Forum for Democracy, which is celebrating its 10th anniversary. The event, taking place from 7 to 9 November at the Council of Europe in Strasbourg, will bring together intellectuals, politicians, activists, experts and young people from all over the world to discuss the factors contributing to democratic decline and how these can be addressed.
Many leading public figures will participate in this year’s event: Katrin Jakobsdóttir, Prime Minister of Iceland and Simon Coveney, Minister for Foreign Affairs of Ireland will each give a special address; Salome Zurabishvili, President of Georgia, Sviatlana Tsikhanouskaya, leader of the Belarusian democratic movement, Olivier Véran, French Government Spokesperson and Minister for Democratic Renewal, Olexander Kornienko, Deputy Speaker of the Ukrainian Parliament and Lucian Romaşcanu, Minister of Culture of Romania, as well as Club of Madrid members, the former President of Mongolia, Tsakhia Elbegdorj, and the former President of Chile, Ricardo Lagos, will all participate in the opening day of the Forum.
Ten lab sessions, which will address the challenges from different angles and present some measures which have already been put into practice, will help to identify a democratic response to the issues raised throughout the Forum. On Wednesday 9 November the Council of Europe Democracy Innovation Award will be presented to the most popular initiative presented in the labs.
The programme also includes a series of Forum talks on Youth to the Rescue?; History and Education – Knowledge and Manipulation; Persuasion or Polarisation?; Discrimination and Privilege – Are Inequalities Unravelling Our Societies?; Corruption and Accountability – Keeping Faith in Democracy; Deliberation: a Booster for Democracy?; The Missed Opportunity of Democracy in Russia; and the Impact of Impunity on Journalism and Democracy.
The Forum is organised by the Council of Europe in partnership with Strasbourg City Council, the European Collectivity of Alsace, the Grand Est Region and the French Government. Since 2012, the World Forum for Democracy has become an annual opportunity for citizens around the world to reflect on democracy, to analyse its shortcomings and limitations, but also to generate new ideas to respond to the challenges facing democracy.
Ashgabat welcomes delegates of the international oil and gas forum
October 26th is the official opening day of the OGT 2022 Conference and Expo, which will run for three days through October 28th, 2022.
At a time when every part of the world is affected by climate change, the subject of efficient energy use and transition to cleaner sources of energy is ever more important. The OGT 2022 is devoted to exactly this subject: to strengthen the regional dialogue on further sustainable development of the energy sector and expand opportunities for attracting foreign direct investment to the oil and gas industry of Turkmenistan.
To achieve the goal of the sustainable development of the energy sector, industry leaders and experts need to be well-informed about the new and more fuel-efficient methods of oil and gas production. They need a platform to share their experiences and expertise with national and international fellows – a need that is availed by the OGT 2022 Conference and Expo.
Similarly, attracting foreign direct investment to the oil and gas industry of Turkmenistan is meant to diversify not only the distribution of the produced oil and gas but also to apply innovative methods of production in the oil and gas sector. The participation and business meetings on the sidelines of the conference will give a chance to potential investors to pitch their proposals for diverse projects in the oil and gas industry, chemical gas utilization, optimization of mature fields, and development of offshore blocks in the Turkmen sector of the Caspian Sea.
Even though the dialog on sustainable development of the energy sector and attracting foreign direct investment are direct goals of the OGT 2022, the agenda of the Conference is not indifferent to the pressing global issue of climate change. Hence, four out of six sessions are wholly dedicated to the future of energy. While the plenary session will discuss the challenges and opportunities in the future of energy, the last three sessions will be wholly dedicated to exchanging ideas and experiences on such topics as “New Era Energy: renewables and hydrogen; environmental aspects of hydrocarbon development; and innovative technologies and know-how in oil and gas science and education.
Last November, in his speech at the 26th session of the UN Climate Conference the President of Turkmenistan, Serdar Berdimuhamedov, noted that “Turkmenistan welcomes the Global Methane Commitment Initiative ….”
Less than a year later, in October the OGT 2022 and its preceding counterpart International Scientific Conference: “Environmental aspects in the production of hydrocarbon resources” in June 2022 substantiate that commitment. Hence, the main speakers on the agenda of the OGT 2022 are key decision-makers such as Mr. Dmitri Shlapachenko, UN Resident Coordinator in Turkmenistan and world-recognized experts in methane reduction as Ms. Olga Gassan-zade of Carbon Limits. For instance, along the lines of these two conferences “an initiation study” was conducted between the experts in Norway and Turkmenistan “to identify opportunities for knowledge transfer and capacity building activities.”
The high-level international oil and gas conference has been taking place in Turkmenistan since the late 1990s. The OGT 2022 will be the 27th one. This year it will be accompanied by an Expo of innovative technologies and services of international and national oil and gas companies. Both the Conference and Expo garnered a high-level interest from senior government officials, diplomatic missions, industry leaders, and experts in the oil and gas sector.
Around 40 representatives from more than 30 media entities will participate in the OGT 2022 to report on its progress to audiences not only in Turkmenistan but all over the world. The impressive list of media representatives includes writers and editors of global oil and gas analytics such as Argus Media, S&P Global Commodity Insights, Natural Gas World, China Daily, Interfax, Tass News Agency, and Belorussian News Agency. Till the start of the OGT 2022, dozens of news snippets were published to spread the message of the OGT 2022 to audiences beyond Turkmenistan. For instance, widely read news sites such as China Daily, Natural Gas World, and Central Asia News have posted the press release of the Conference so that people who will not be able to attend the OGT will still be able to learn about its mission and progress.
For the OGT 2022, the organizing committee has arranged round-trip charter flights in the Dubai-Ashgabat-Dubai route to help more than 100 delegates come to Ashgabat at a time when international travel is barely recovering from the Covid-19 break. More than 500 foreign and local delegates of international organizations, diplomatic missions, and international and national companies residing in Turkmenistan will also attend both the Conference and Expo. The delegates represent more than 200 companies from 45 countries. Of those who could not join the OGT 2022 in person, around 100 are expected to tune in online via the Zoom link. In addition, more than 50 energy companies will be represented at the Expo.
In his address at an event analogous to the OGT 2022 – World Gas Conference 2022 in Daegu, Korea – Mr. Ban Ki-moon, the former UN Secretary-General cautioned that “time was running out to address greenhouse emissions” while emphasizing “that natural gas could help drive down greenhouse gas emissions … when coupled with carbon capture and storage [making it] an even cleaner energy source.”
The oil and gas industry is like a double-edged sword, how we produce and use them can have either mitigating or deteriorating effects on the environment. So for the following three days, the OGT 2022 will promote the efficient production and consumption of oil and gas by giving a platform to experts, decision-makers, and industry leaders to present and exchange their ideas, expertise, and experience.
GLOBALink | China's industrial profits down 2.1 pct in first 8 months
Profits of China's major industrial firms fell 2.1 percent year on year in the first eight months of 2022, official data showed on Tuesday.
Industrial firms each with annual main business revenue of at least 20 million yuan (about 2.83 million U.S. dollars) saw their combined profits reach 5.53 trillion yuan in the period, the National Bureau of Statistics (NBS) said.
The combined revenues of these firms sustained a quicker growth pace during the period, rising 8.4 percent year on year to 87.89 trillion yuan, NBS data showed.
Senior NBS statistician Zhu Hong pointed out the improvement in business profit structure, noting that curbed rising momentum in the prices of some commodities eased pressure on downstream producers.
A total of 16 out of 41 major industries saw growth in profits in the January-August period. The electrical machinery and equipment manufacturing sector saw profits jump 20.9 percent year on year and the profits of the manufacturing of chemical raw materials and chemical products rose 5 percent.
The profits of consumer goods manufacturing have continued to improve thanks to an array of pro-consumption measures by the government to boost market demand, Zhu noted.
Produced by Xinhua Global Service
Turkmen delegation takes part in the largest transport forum – InnoTrans 2022
The Turkmen delegation, representing the country's railway sector, is taking part in the largest international exhibition of transport technologies – InnoTrans 2022, which is held in Berlin from September 20 to 23.
From the moment it was first held in 1996 to the present day, InnoTrans has been the leading international rail transport show. InnoTrans 2022 brought together more than 2,800 exhibitors from 56 countries in 42 exhibition halls and outdoor areas – this is a unique coverage of the market.
Representatives of the agency "Turkmenistan Railways" got acquainted with the world technological innovations in the field of transportation and held a number of meetings with the leadership of well-known European companies.
Negotiations were also held with Techne, which raised the flag of Turkmenistan on the roof of its office in honor of the guests.
As a result of the negotiations, a memorandum of cooperation was signed between Turkmen Railways and Techne, which manufactures railway cranes.
By the way, Techne is the new name of the company, formerly known as Kirow and dating back to 1880. The renaming took place this week as part of a rebranding focused on sustainability, modernization and dynamism.
On the territory of the "Kirov" plant in Leipzig, a few years ago, one of the latest projects of the famous architect Oscar Niemeyer was implemented - a white reinforced concrete sphere with liquid crystal glazing, hanging from a red brick building in contrast. They named it Technesphere. From this word, the name Techne was chosen.
It should be noted that cooperation between Techne and the railways of Turkmenistan began in the 60s of the XX century. At the moment, 14 EDK cranes are operating in recovery trains on the country's railways.
Rail transport is increasingly becoming part of networked mobility. InnoTrans 2022 takes this trend into account by presenting it in the technology and infrastructure segments.
The head and employees of the Embassy of Turkmenistan in Germany took the most active part in organizing the business program of the visit of the Turkmen delegation.
Visa Partners Business Federation “Women for Tomorrow” and Announces Business Contest within She’s Next, Empowered by Visa in Georgia
Tbilisi, September 21, 2022 – Visa launches the third wave of She’s Next, Empowered by Visa in Georgia and in partnership with Business Federation Women for Tomorrow announces a public business contest for women entrepreneurs in Georgia. Women entrepreneurs are invited to share their business ideas in the competition for free mentoring sessions and money prizes, namely the first-place winner will be awarded with 25 000 Gel and the second-place winner with 15 000.
The contest is conducted in the form of Visa elevator pitch under the She’s Next, Empowered by Visa global initiative in Georgia designed for women, who have interesting business ideas or already run their own personal business, hold the position of a CEO or representative of a small or medium-size business, or be the founder of a startup company.
“I am proud, that Visa established the tradition in Georgia of continuing support of female SMBs within the global initiative She’s Next, Empowered by Visa. We are extremely happy to announce the third wave of the campaign and conduct the joint contest with w4t, aiming to empower women entrepreneurs in Georgia. Within the contest, we invite women, who lead startup, or have an interesting business idea, eager to learn pitching techniques for allocating solid money prizes. I strongly encourage each and every woman, aspiring to put down roots in the world of business,to take part in this promising initiative and become part of the She’s Next” - said Diana KiguradzeVisa Country Manager for the Caucasus region.
„It is an honor for Women for Tomorrow to be part of the global initiative - She’s Next empowered By Visa since 2020 and support women entrepreneurs to boost their business knowledge and expertise and achieve economic independence. We are proud, to launch the business contest in partnership with Visa and announce the call, where only women start-upers and entrepreneurs are able to register, present their business idea, advance in pitching and presentation skills and compete for the financial support aiming to increase their progress and development. We encourage every woman from all over Georgia to participate in the program, make an opportunity to challenge yourself to become a winner Wish you the best of luck! – noted Nina Kobakhidze Chair of the Board of the Business Federation Women for Tomorrow.
The competition will be held in three stages:
- Application process, an independent jury will first check if each application meets all eligibility criteria and will be followed by the selection of TOP 10 most successful and highly promising women entrepreneurs who will be granted to access free mentoring consulting sessions.
- Mentoring Sessions, the TOP 10 female SMEs will undertake two-day free consulting sessions, be assisted by the field experts to learn pitching techniques and create effective presentation to attract investments and develop their business.
- Visa Elevator Pitch Day and Award Ceremony, at the third and final stage of the competition, the TOP 10 candidates will be required to pitch a business idea (in the form of Elevator pitch) in 90 seconds in front of jury. 2 winners will be selected by a professional jury on the same day. The first-place winner will be awarded with 25 000 Gel and the second-place winner with 15 000 Gel.
Visa (NYSE: V) is a world leader in digital payments, facilitating payments transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.ge