Communique of the Ministry of Foreign Affairs of Georgia

Published in Politics
Monday, 05 June 2017 16:02

On the 5th of June, 2017 Georgia and the Kingdom of Belgium are marking the 25th anniversary of the establishment of diplomatic relations.

Since the restoration of Georgia’s independence, the ties between the two countries have developed into extensive and fruitful collaboration. While sharing the core European values, both states have achieved close political cooperation and continue to coordinate their policies on a wide range of international issues.

Partnership with Belgium – a host country of European and Euro-Atlantic institutions – has been particularly important for Georgia due to Belgium’s special place in Europe’s recent history as one of the founding members of the EU and NATO and a loyal supporter of European integration.

In this respect, Belgium’s contribution to advancing Georgia`s relations both with the EU and NATO to a qualitatively new level as well as support to Georgia’s sovereignty and territorial integrity, should be underlined.

Furthermore, Georgia and Belgium are holding regular political dialogue at various levels. As a latest example of high level bilateral visits, recently Georgia had an honour to host the Chairman of the Belgian Chamber of Representatives H.E. Siegfried Bracke and Belgian MPs.

Importantly, people to people contacts are expending too. Brussels is often a host to Georgian artists and cultural events, allowing Belgian public and aficionados of art and music to get better acquainted with the contemporary Georgian art in all its diversity.

The last 25 years have laid solid foundation of bilateral relations between Georgia and the Kingdom of Belgium, which can only be further developed and strengthened. The two states will continue working closely in order to ensure peace, stability and security on the European continent.

President Trump Congratulates President Margvelashvili on the 25th Anniversary of Georgia-US Diplomatic Relations

Published in Politics
Wednesday, 17 May 2017 17:43

Dear Mr. President,
On the 25th anniversary of our countries’ diplomatic relations, I extend to you and the Georgian people my warmest wishes and sincere appreciation for our longstanding friendship and cooperation.
In the first quarter century of our partnership, the United States and Georgia have established a strong trans-Atlantic bond. We share common values, and have stood together under difficult circumstances to defend those values against international terrorism and regional instability. The United States supports Georgia’s sovereignty and territorial integrity within its internally recognized borders. We also recognize Georgia’s right to chart its own future. Georgian independence and democracy remain an aspiration to the world.
My Administration and I look forward to future collaboration with you and the Georgian government to advance the shared values and prosperity of our two countries.
Sincerely,
Donald J. Trump

Georgia and China have signed a free trade agreement

Published in Economics
Monday, 15 May 2017 15:55

Georgia and the People’s Republic of China signed a free trade agreement on 13 May 2017. The agreement was signed by the Minister of Economy and Sustainable Development of Georgia and the Minister of Commerce of China.
The free trade agreement will contribute to the further development of trade relations, based on the principles of mutual benefit, and will bring co-operation between Georgia and China to a higher level.
Within the framework of the agreement, 94% of Georgian goods imported to China will be exempted from taxes. Besides, the agreement will open up the world’s largest market of 1,4 bln consumers for Georgia-made goods and services.
Georgia has free trade agreements signed with the EU, Turkey, the Commonwealth of Independent States (CIS), and the European Free Trade Association.
 

EIB introduces support to innovative business in Georgia

Published in Economics
Tuesday, 09 May 2017 10:20

European Investment Bank (EIB) presented two new business innovation programmes at a conference in Tbilisi. The new “’DCFTA Initiative East” and “EU Research and Innovation Programme Horizon 2020: InnovFin – EU Finance for Innovators” programmes were developed jointly with the European Commission and will boost the development of the private sector in Georgia. Around 200 representatives of business, banks, microfinance institutions, financial advisors and industry associations, as well as high-level representatives of the European Union and the Georgian Government, were present at the conference to discuss support for economic growth and employment.
The Deep and Comprehensive Free Trade Agreement (DCFTA) Initiative East aims to strengthen economic development in the countries which have signed an association agreement with the EU – namely Georgia, Moldova and Ukraine – by providing financial and technical support targeted at small and medium-sized enterprises (SMEs) in the three countries.
"InnovFin – EU Finance for Innovators" consists of a series of integrated and complementary financing tools and advisory services offered by the EIB Group, covering the entire value chain of research and innovation in order to support investment.
In February 2017, the European Investment Fund and ProCredit Bank JSC (Georgia) signed the first agreement for SMEs in Georgia under InnovFin. The agreement is expected to enable ProCredit to provide EUR 50 million in loans to innovative companies over the next two years.
H.E. Janos Herman, Ambassador of the European Union to Georgia, stated: "These programmes are another proof that the European Union is committed to supporting the development of Georgian SMEs. In close cooperation with the European Investment Bank, we provide tangible support to innovative businesses that seek to take advantage of the new opportunities with the EU."

U.S. Congressmen have sent Donald Trump a letter supporting Georgia

Published in Politics
Thursday, 04 May 2017 17:55

30 congressmen of the United House of Representatives sent a letter to President Donald Trump commemorating the 25th anniversary of diplomatic relations between the U.S. and Georgia. The letter initiated by the co-chairs of the Congressional Caucus on Georgia, Ted Poe (R-Texas) and Gerald Connolly (D-Virginia) represents a clear example of U.S. bipartisan support for Georgia. The letter is signed by congressmen of both branches of the Congress: Republicans and Democrats.
The letter recognizes the U.S. strong commitment to the sovereignty and territorial integrity of Georgia. Besides, the Congressmen call on the President to launch negotiations on a free trade agreement with Georgia and to deepen a high-level dialogue on trade and investments. The Congressmen also urge the President to continue to support Georgia on its path of integration with NATO. The letter recognizes the strong strategic partnership between the two countries and encourages the Administration to strengthen even further this partnership.
“Over the last 25 years, Georgia has continued to develop its democratic institutions. Georgia has achieved substantial progress in both political and economic development by strengthening its institutions, reducing government regulation, fighting corruption, and simplifying its tax code. Georgia’s accomplishments are even more striking against the backdrop of continued Russian military aggression. Russia has illegally occupied twenty percent of Georgian territory since it invaded Georgia in 2008. Russian troops have continued the process of creeping annexation and frequently commit human rights violations and kidnappings throughout the occupied regions and adjacent territories” – reads the letter.  
“Despite its own security challenges, Georgia plays a significant role in ensuring global security, namely in the fight against terrorism. Georgia is a committed and reliable U.S. partner, most notably manifested by serving shoulder-to-shoulder with American soldiers in Iraq and Afghanistan. This country of less than four million people is one of the largest troop contributors to the international mission in Afghanistan, and Georgian soldiers have been killed in combat. Georgia’s military spending also exceeds two percent of its GDP, a benchmark that only five NATO member states currently meet. We ask that you continue historical U.S. support for Georgia’s bid to join NATO” – the Congressmen write in their letter to Donald Trump.
According to the letter, Georgia has a business-friendly environment and is a natural home for U.S. companies that want to do business in the wider Caucasus and Black Sea region. As a result, U.S. trade with Georgia has grown significantly over the past decade. In 2016, the U.S. exported over $324 million of goods to Georgia. We strongly encourage the Administration to make progress toward negotiations on a U.S.- Georgia Free Trade Agreement. The U.S.-Georgia High-Level Dialogue on Trade and Investment should produce a clear understanding of the commitments and obligations required for negotiations on a free trade agreement. Such an agreement would be beneficial for the U.S., Georgia, and the entire Caucasus and Central Asian region”.
“Georgia has been a reliable and strategic partner of the United States for more than 25 years. In December 2016, the Parliament of Georgia passed a bipartisan resolution affirming the U.S. as the major strategic partner and ally of Georgia. In September 2016, the U.S. House of Representatives passed its own resolution (H.Res.660), introduced by Georgia Caucus co-chairs Representatives Gerald E. Connolly and Ted Poe, expressing its unwavering support for the territorial integrity and sovereignty of Georgia. We reaffirm our bipartisan commitment to support Georgia and encourage the Administration to strengthen the strategic relationship. It is critical that the United States sends a strong message that we stand with Georgia, just as its people have done for us” -  reads the joint letter of Republican and Democrat Congressmen to U.S. President Donald Trump.

 

Turkish ambassador to Georgia: EU membership continuous to be a strategic object for Turkey

Published in Politics
Tuesday, 25 April 2017 15:40

Turkish ambassador to Georgia Zeki Levent Gümrükçü gave an exclusive interview to Starvision, The ambassador explains why this was such a bitterly-contested process and what are turkey’s plans for future in terms of moving towards the EU. “It is Turkey who is constantly choking on the doors of the EU, who is constantly asking to be able to move ahead in the membership process. We are not turning our face away from the EU. We have been given this candidate status in 2004 but since then only 4 or 6 chapters have been opened, because the EU for some political reasons is unfortunately preventing any negotiating chapters for our accession process to continue. We are trying to move ahead in the EU membership process, because we believe that to the common benefit, in the interest of both countries” – the Turkish ambassador told Starvision TV.

Statement of the MFA on the Breakaway Regions of Georgia

Published in Politics
Tuesday, 11 April 2017 11:31

The Ministry of Foreign Affairs of the Czech Republic is concerned over the developments in breakaway regions of Abkhazia and South Ossetia in Georgia.
The Ministry of Foreign Affairs does not recognise the so-called parliamentary elections held in Abkhazia in March 2017, neither the presidential elections and referendum in Georgia’s region of South Ossetia held in April 2017. The Ministry of Foreign Affairs reiterates its support for Georgia’s sovereignty and territorial integrity.

Irish Senator – “Georgia is a gateway to the region’s trade market”

Published in Politics
Thursday, 06 April 2017 16:09

Senator Neale Richmond, the Irish Government spokesman on EU Affairs wrote on sluggerotoole about Ireland’s business opportunities in Georgia.
According to the Senator, in February 2017 the Embassy of Georgia in Ireland hosted a presentation on Georgia’s business and investment environment that was organized in partnership with the Irish Chamber of Commerce in Central and Eastern Europe. Besides, there is currently an exhibition focussing on the potential of Georgia as a trading and investment partner.
Neale Richmond writes that the Deep and Comprehensive Free Trade Area – an integral part of the EU-Georgia Association Agreement increases market access between the EU and Georgia based on having better-matched regulations. The EU is the main trade partner of Georgia.
“Seen as a gateway market, Georgia has an extensive Free Trade network with other countries in the region such as Turkey, the Middle East, certain Gulf States and recently with China” – writes the Senator.
According to the senator, there is a 0% tax to attract investors to establish industries in Georgia with the operations in the regional market while the stable banking sector with no restrictions on currency convertibility or repatriation of capital and profit is attractive for many as is the tax system that is liberal and business friendly with only six low and flat taxes. Corporate tax is at 15%. Georgia has been a member of the World Trade Organisation (WTO) since 2000. Visa free travel from Georgia to the EU came into effect in March 2017.
Looking at the pharmaceutical, agri-food and construction sectors in particular, the Senator believes that there is huge potential for increased cooperation between Irish and Georgian enterprises directly as well as for Irish businesses to utilise Georgia’s gateway status into the region.
“Ireland supports EU initiatives to promote peace between Georgia and Russia. Ireland recognises Georgian sovereignty over the separatist regions of Abkhazia and South Ossetia. Ireland also condemned the decision of Russia to recognise South Ossetia and Abkhazia as independent states” – Richmond writes.
Senator Neale Richmond discussed Georgia’s trade potential at a meeting with Charges d’Affaires of the Georgian Embassy to Ireland Giorgi Zurabashvili.

SES 5th Anniversary in Georgia

Published in Economics
Monday, 03 April 2017 13:53

TBILISI, 28 March 2017 -world-leading satellite operator SES organized an event for partners and media - “5th Spring in Georgia”- dedicated to the 5-years successful operations on local telecommunication market.
The event was held in “Museum Café” and more than 50 guests from leading media, communication companies and other business representatives attended the celebration. Event started with official speeches that were followed by entertainment program and networking.
The event was opened with the official speeches delivered by SES and MagtiCom high-officials:

  • Håkan Sjödin,Vice President Sales Nordic, Baltic and Eastern Europe at SES
  • Nikoloz Davitashvili, Chief Commercial Officer at MagtiCom.

Mr. Sjödin has made a brief overview of the company, it’s main drivers, achievements and future plans.
Major notes from the speech of SES representative, Mr. Hakan Sjödin:

  • SES owns 65 satellites covering 99% of the globe and world population
  • SES is serving over 700 telcos, broadcasters, enterprises, governments and institutions in over 130 countries worldwide
  • SES has 7,317 TV channels, from which 2,434 are HD and 34 are UHD

Georgian and Latvian Parties Sign Cooperation Agreements

Published in Politics
Wednesday, 29 March 2017 12:55

Following the extended meeting of the President of Georgia, H.E. Giorgi Margvelashvili and the President of the Republic of Latvia, H.E. Raimonds Vējonis, several cooperation agreements between Georgia and Latvia were signed at the Presidential Palace.
The Minister of Internal Affairs of Georgia, Mr. Giorgi Mghebrishvili and the Minister of Interior of the Republic of Latvia, Mr. Rihards Kozlovskis have signed the agreement on border-area cooperation.
Memorandum of Understanding was signed between the Director of Georgian Entrepreneurship Development Agency Mrs. Ana Kvaratskhelia and the Director of Latvian Investment and Development Agency Mr. Walter Jekabsons.
Memorandum of Understanding was signed between the President of Georgian ICT Business Council, Mr. Giorgi Shubitidze and the representative of Latvian IT Cluster, Mr. Gatis Oss.
Agreement on joint activities was signed between the Chairman of Georgian Telecommunication Association, Mr. Guram Beruashvili and the President of Latvian Telecommunications Association, Mr. Peter Smidre.

Business News

Georgia: EU approves first payment of budget support to DCFTA and SMEs

Georgia: EU approves first payment of budget support to DCFTA and SMEs

The EU has approved the disbursement of €6 million to the Georgian state budget, the first tranche o...

Consideration of 2016 budget next Week starts next Week

Consideration of 2016 budget next Week starts next Week

The Georgian Parliament will start consideration of the 2016 budget next week. The Committees schedu...

1 US Dollar equals 2.3906 GEL

1 US Dollar equals 2.3906 GEL

Georgian Lari slightly gained value against US Dollar. Georgian National Bank set the new exchange r...

Silk Road Tbilisi Forum 2015 has started

Silk Road Tbilisi Forum 2015 has started

Silk Road Tbilisi 2015 forum started today. Following the success of the inaugural Routes Silk Road...

MOST READ

« October 2021 »
Mon Tue Wed Thu Fri Sat Sun
        1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

About

The News Agency,
NEWSDAY.GE is
a part of STARVISION
Media Group.
It made its first
appearance on the Internet..More

 

Contact

NEWSDAY Ltd.
Lechkhumi street.43

Georgia,Tbilisi

Phone: (+995 32) 257 91 11
E-mail: avtandil@yahoo.com

 

 

 

Social Media