Items filtered by date: Thursday, 21 October 2021 - NEWSDAY GEORGIA

Dozens of youths from China and Africa have gathered in Beijing for the sixth China-Africa Youth Festival this week.

The event was hosted by the Ministry of Foreign Affairs and organized by the China Soong Ching Ling Foundation.

Joseph Oliver Mendoo, a Cameroonian PhD student majoring in international politics at Peking University, has been in China for almost six years.

He said he has learned a lot from the way the Communist Party of China (CPC) and the Chinese government have been handling the pandemic.

Fatma, an Egyptian student from the North China University of Technology, said that China is much safer than many countries in the world and China has made the best efforts to protect its people.

Produced by Xinhua Global Service

 

Published in CHINA

Georgian Prime Minister Irakli Garibashvili held a meeting with Javier Colomina, the NATO Secretary General's newly appointed Special Representative for the Caucasus and Central Asia.
During the meeting, the Prime Minister congratulated Colomina on his appointment and expressed confidence that his tenure will mark NATO-Georgia relations deepening even further and concrete steps toward Georgia's Euro-Atlantic integration.
The conversation focused on NATO's open-door policy and Georgia's integration into the North Atlantic Alliance, pointing out the country's formidable progress toward European and Euro-Atlantic integration, strengthening democratic institutions, and implementing defense reforms.
The meeting paid special attention to the upcoming 2022 NATO Summit, underlining it as an excellent opportunity for duly assessing Georgia's progress, further to encourage the country's advancement on the path toward Euro-Atlantic integration.
The meeting discussed cooperation on Black Sea security, with emphasis on Georgia's considerable contribution to ensuring Euro-Atlantic peace and security. The parties underscored Georgia's role in in international peace missions, namely the ISAF operations in Afghanistan and the process of evacuation from Afghanistan after the completion of the Resolute Support Mission. Georgia remains committed to the common principles and values of security, ready to continue participating in the Allies' efforts to secure global peace and security.
The parties singled out the implementation of the Substantial NATO-Georgia Package, the key mechanism of NATO's practical support for Georgia, as the Georgian Government's top priority.
The meeting also touched on the importance of joint NATO-Georgia exercises, underlining that joint efforts have resulted in modernizing and developing relevant training infrastructure meeting NATO standards. Consequently, Georgia is ready to offer the Allies a high-standard setting for large-scale drills.
The meeting was attended by Head NATO International Office's Political Affairs and Security Division Steffen Elgersma, Head of the NATO Liaison Office in Georgia Rosaria Puglisi, Deputy Head of the NATO Liaison Office in Georgia Pirit Pikker, and Vice Prime Minister/Foreign Minister David Zalkaliani representing the Georgian side.

Press Service of the Government Administration

Published in Politics

The European Investment Bank (EIB), the bank of the European Union, has provided a €6 million loan to Terabank Georgia to support its local currency lending to micro, small and medium-sized enterprises (MSMEs) in the country. 

The loan is part of the EIB’s SME Outreach Initiative, which promotes access to finance for MSMEs in Georgia by helping smaller banks in the country to offer tailor-made services and financial products to their clients.

Covered by a guarantee from the European Union, the EIB financing aims to mitigate the impact of the COVID-19 pandemic and to contribute to an economic recovery that puts Georgia on a long-term sustainable growth track. As part of Team Europe, the EIB works hand in hand with other EU projects implemented in Georgia under the EU4Business brand.

MSMEs are the backbone of the Georgian economy, and access to finance is one of the major challenges they face. To date, the EIB has invested over €300 million in credit lines for Georgian businesses, sustaining more than 54,000 jobs in the country.

The material is prepared within the project "EU NEIGHBOURS east"

Published in Economics

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