Dimitry Kumsishvili Met with Georgian and Turkish Business Association Members

Published in Economics
Friday, 08 June 2018 12:49

First Vice Prime Minister of Georgia, Minister of Economy and Sustainable Development Dimitry Kumsishvili held a meeting with the representatives of the Georgian and Turkish Businessmen Associations where the parties discussed business and investment environment in Georgia as well as prospects of deepening trade and economic ties between Georgia and Turkey.

It was highlighted that Turkey is Georgia’s largest trade partner and second largest investor country. Despite intense trade and economic relations, ties between the business circles of the countries are still developing, and the volume of the Turkish capital in Georgia is increasing.

Deputy Minister of Economy and Sustainable Development Giorgi Cherkezishvili and the Head of the LEPL Enterprise Georgia, Mikheil Khidureli also attended the meeting. 

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    President of Turkmenistan Gurbanguly Berdimuhamedov had a telephone conversation with President of the Republic of Turkey Recep Tayyip Erdoğan.

    Warmly greeting each other, the leaders of two states exchange congratulations and best wishes on occasion of Eid al Adha. Having noted that this holiday, which is based on the principles of humanity, embodies goodwill and high spiritual and moral values, the sides expressed confidence that Eid Al Adha would give new stimuli to further strengthening of understanding and mutual heal in Muslim world.

    President Gurbanguly Berdimuhamedov highlighted that the Republic of Turkey is fraternal state for Turkmenistan, cooperation with which has long-term and strategic character.

    During the conversation, the sides have noted with delight that Turkmen – Turkish friendly relations receive new content at present time and implementation of joint projects supports to better interstate dialog.

    Turkey is one of the countries, with which Turkmenistan successfully develops trade and economic relations, the Leader of the Nation said, having focused on importance of using significant potential for expansion of productive relations in this direction and rendering relative support to each other if it is necessary.

    Having confirmed the commitment of two countries to unbreakable fraternal relations, Presidents Gurbanguly Berdimuhamedov and Recep Tayyip Erdoğan noted that all efforts would be put for further strengthening of interstate relations.

    Discussing current issues of regional and global agenda, the sides have spoken of the coronavirus pandemic.

    Having highlighted that Turkmenistan supports the efforts of the world community in combating of spread of this dangerous infection, President Gurbanguly Berdimuhamedov expressed confidence that efforts of all countries have to be consolidated for achievement of specific results.

    In this regard, Turkmen leader confirmed invariable willingness of our country to cooperate in development of new methods in this direction.

    Continuing the subject and having expressed gratitude to Recep Tayyip Erdoğan for special attention of personal contribution to strengthening of interstate relations, the President of Turkmen state expressed gratitude for provided support and medical appliances and personal protective equipment sent to our country. the Head of the State noted that this fact is considered as a symbol of unbreakable friendship between two countries.

    In the end of the conversation, Presidents Gurbanguly Berdimuhamedov and Recep Tayyip Erdoğan exchanged congratulations on Eid Al Adha, having wished health and success to each other and peace and prosperity to people of two countries.

    The state news agency of Turkmenistan

     

  • 4,000 Recovered COVID-19 Church Members in South Korea Declare Donation of $83 Billion Worth Plasma for Cure

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    The amount of blood will be about $83 billion worth if the 4,000 patients donate 500ml individually, according to the current transaction in the United States. “It is difficult to accelerate developing a medicine for COVID-19 with only 200 recovered patients who expressed their will to donate blood. The massive donation from the recovered patients in the Shincheonji Church will solve the problem of the lack of blood for research,” said an official from Green Cross Pharma, a biopharmaceutical company in South Korea.

    For the first quarter of this year, the rapid virus spread hit the church members in Daegu of South Korea, where the early signs of the crisis appeared with the controversy over the massive visitors from China before the infection of church members.

    Mr. Man Hee Lee, founder of the Shincheonji Church, said that members of the church are advised to donate plasma voluntarily. “As Jesus sacrificed himself with his blood for life, we hope that the blood of people can bring positive effects on overcoming the current situation,” said Mr. Lee.

    “We had a discussion with the health authorities and tried to establish a plan with details for donation. Some of the recovered members have already donated individually, feeling thankful for the assistance from the government and medical teams. They expressed their will to make contribution to the society,” said an official in the church.

    Some local governments in South Korea recently brought lawsuits against the church with allegations that the church did not cooperate with the authorities by not submitting the full list of church facilities and members. 

    “No evidence has been found that Shincheonji supplied missing or altered lists. And there were only minor differences,” said Kim Kang-lip, vice-minister of Health. Academic researches on Shincheonji and COVID-19 stated that the church “provided the list of its South Korean members six days after it was requested” and “it was initially unclear whether shut down facilities and properties should be included” when the government asked for the lists of real estate.

    (Shincheonji and Coronavirus in South Korea: Sorting Fact from Fiction - A White Paper https://www.eupoliticalreport.eu/covid-19-and-the-shincheonji-church-in-south-korea-a-white-paper-reveals-the-truth/)

    A Shincheonji media coordinator said the church will cooperate fully with investigations from government agencies.

    South Korea reported 12,535 confirmed cases and 281 deaths from COVID-19.

    Press Release of the HWPL

  • 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. 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.

     

    1. 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.

     

    1. 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.

     

    1. 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.

    And if you are in higher education, Erasmus + offers student exchanges and post-graduate programmes in Europe. Find out more about all the opportunities and how to apply.

     

    1. 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.

     

    1. 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.

    Look at the Mayors for Economic Growth website to see if your town is among the signatories and what it is doing to support jobs and businesses 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.

     

  • 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

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