Georgia to develop renewable sources of energy

Published in Politics
Thursday, 12 January 2017 10:30
The EU, TBC Bank and the European Bank for Reconstruction and Development (EBRD) are to work together to support the expansion of renewable sources of energy, through the construction of a hydropower plant (HPP) in northern Georgia. The project is in line with the strategic priorities of the Georgian government to develop renewable energy generation and infrastructure. 
The power plant construction will benefit the citizens of Georgia by reinforcing energy security, increasing competitiveness in the energy market as well as by boosting the development of the Racha region through the creation of new jobs.
The Lukhuni 2 HPP will have an installed capacity of 17.2 MW and an expected annual generation of 86.3 GWh. In summer the power plant will be eligible to export electricity to Turkey, while in winter it will play a key role in providing electricity to northern Georgia.
The combined investment from the institutions totals EUR 13.5 million. The EBRD financing and the EU's support for the investment will allow to implement EU standards during the construction of the HPP and to introduce more efficient and quality-oriented management practices, creating a benchmark for the industry. 
The EU’s support for the hydropower project is part of these a Deep and Comprehensive Free Trade Area (DCFTA) activities and benefits from funding under the EU4Business initiative.

President will be listened on February 7

Published in Politics
Tuesday, 10 January 2017 16:10

At the beginning of the Spring Session of Parliament, the President will be listened. According to the Constitution of Georgia, speech of President is considered once in a year. 
According to the Rules of Procedure, it usually takes place on the first day of the spring session. The spring session will open at February 7. 

Award ceremony of the winners of the second stage of “Startup Georgia”

Published in Economics
Thursday, 29 December 2016 10:05

Nine completely innovative ideas and fully-funded ventures have been added to the most viable sector of Georgian economy - the high-tech and innovations-based industry. The authors of the winning projects of the second stage of "Startup Georgia" were awarded today.
Prime Minister of Georgia Giorgi Kvirikashvili attended the ceremony. The Prime Minister considers "Startup Georgia" to be a completely new step in the direction of creating a novel Georgia and a fresh Georgian economy.
"This leads to the transformation of the economy and shifting people's mindset towards the entrepreneurship. This will ensure that individuals become employers rather than mere employees. This is the main implication of this groundbreaking project," - the Prime Minister commented and indicated that establishment of the "Startup Georgia" Fund is the main achievement of the Government.
The Prime Minister also congratulated 9 winning entrepreneurs, who were bold enough to venture completely new ideas for the purpose of acquiring the funding. The Prime Minister urged young people never to think of others who have already implemented similar ideas or of that realization of their innovations is not worth it.
"It is always worth it! Even if only one step out of 10 or 100 ones that you take turns our to be correct, it is still worth it - since said step might completely alter our economy. That is why I consider this project to be completely outstanding and I would like to particularly congratulate you," - the Prime Minister noted in his address to the winners.
Giorgi Kvirikashvili also thanked all stakeholders who contributed to the implementation of the initiative, including the Ministry of Economy and Georgia's Innovation and Technology Agency as well as Partnership Fund and young generation, who vigorously engaged in the process of realization of this important idea.
"This is a completely new step in the direction of creating novel Georgia and fresh Georgian economy," - the Prime Minister stated.
According to the head of the Government, funding of a qualitatively novel ventures is a new opportunity for younger generation to obtain funding without having to apply for the collateral loans.
"The contest took place in a completely transparent environment. Foreign experts from California and Europe with a specific field-related backgrounds also participated in the selection process. This is a qualitative change of our economy that is rooted in encouragement of the most rapidly developing sectors. The most important outcome of the said endeavour is shifting younger generation's mindset towards becoming employers rather than mere employees fro the very beginning," - the Prime Minister noted in his conversation with the reporters.
The total amount of awards issued to the nine winning projects is around 900 000 GEL. Winning projects mainly concentrate on tourism, agriculture, chemical industry, production of construction materials and other areas.

The direct air link to be established between Georgia and India

Published in Economics
Monday, 26 December 2016 16:45

The direct air link to be established between Georgia and India. This statement was made by the Foreign Minister Mikheil Janelidze at Parliament. According to him, this agreement was made with Indian side during the visit with Indian Delegation.
"We have very active relations with India. My deputy Zviad Gonadze returned from India today. We talk about direct air traffic, innovation, trade, education and cooperation "- Janelidze said.

MEETING OF PRIME MINISTERS OF TURKEY AND GEORGIA

Published in Politics
Tuesday, 20 December 2016 16:32

"On behalf of the Government of Georgia, I strictly condemn the series of terrorist attacks occurring in Turkey in the recent past and express solidarity with the families of the victims, people and authorities of the Republic of Turkey" noted H.E. Giorgi Kvirikashvili, Prime Minister of Georgia in his conversation with H.E. Binali Yildirim, Prime Minister of the Republic of Turkey held at Dolmabahçe Palace in Istanbul today.
Discussions were focused on the significance of the strategic partnership between the two countries. It was noted at the meeting that Republic of Turkey and Georgia have been developing the cooperation in various directions with a shared effort for a great number of years. Parties spoke about the significance of the Eurasia Tunnel Project, which is officially launched today. In the opinion of the Prime Minister of Georgia, tunnel connecting the continents of Europe and Asia creates new transport opportunities and gives rise to a significant role of the initiative with a revisiting concept on the Silk Road. Focus has been made on the current trade and economic relations existing between the two countries and prospects for their further advancement. Hosting Prime Minister invited the visiting colleague and delegation of Georgia to a business lunch after the official meeting in Istanbul.

EU identifies key deliverables for the Eastern Partnership

Published in Politics
Monday, 19 December 2016 13:35
The European Commission and the European External Action Service have identified 20 key deliverables for the Eastern Partnership by 2020. The targets were published in a joint working document, "Eastern Partnership – focusing on key priorities and deliverables", on 15 December.
The document is to contribute to the joint work of EU Member States and EaP Partner countries and highlight actions in key priority areas such as economic development and market opportunities, strengthening institutions and good governance, connectivity, energy efficiency, environment and climate change as well as mobility and people-to-people contacts. The EU Member States and EaP Partner countries agree that the EaP needs to focus on delivering tangible results to citizens.
The Eastern Partnership (EaP) is a joint policy initiative between the European Union and its six Eastern neighbours: Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine.
 

Mikheil Janelidze has congratulated Qatar on its national holiday

Published in Politics
Thursday, 15 December 2016 15:05

Georgian Foreign Minister Mikheil Janelidze has attended the reception evening dedicated to Qatar’s national holiday. Mikheil Janelidze appeared with a speech before the attending audience congratulating the State of Qatar and the Qatari people on their national holiday.  
According to the Minister, the relations between the two countries are successful and co-operation between the Foreign Ministries, as well as various line ministries have gained a fresh momentum.
“Qatar’s business interest in Georgia keeps rising and relations between the private sectors of Georgia and Qatar are gradually strengthening. Introduction of direct flights between the two countries is worthy of special mention, in this context. It is a very important decision which will be put into practice tomorrow. Such direct flights to be performed three times a week create far greater prospects for the development of people-to-people contacts, for closer ties between business communities, which, I hope will become even more intensive in the future and will be followed by concrete projects” – the Minister said. At the end of the meeting Mikheil Janelidze thanked the Embassy of Qatar to Georgia for its contribution to the further development of relations between the two countries.

Georgia to get visa-free access to the EU

Published in Politics
Thursday, 15 December 2016 09:50
Georgian citizens will have the right to travel to the Schengen area without a visa under an informal deal struck between European Parliament and Council, reached on on 7 December.
Parliament´s rapporteur, Mariya Gabriel said: “We are entering the final phase towards visa exemption for Georgian citizens. It was extremely important to reach a deal today, to move forward in parallel with the revision of the suspension mechanism and to be ready for a simultaneous entry into force.
“I am glad that the Council backed our commitment to deliver as soon as possible. At the end of the day we must keep in mind that this is for Georgian citizens to come closer to the European Union – in terms of mobility, as well as in terms of political path.”
The deal will require confirmation from member state representatives (Coreper) and to be endorsed by the Civil Liberties Committee and the Parliament as a whole. Formalisation of the deal is likely to take place in January.
 

Georgia: EU monitoring mission's mandate is prolonged

Published in Politics
Wednesday, 14 December 2016 10:41
The European Union will continue to fully support Georgia's sovereignty and territorial integrity within its internationally recognised borders. The European Council has prolonged the mandate of the EU Monitoring Mission in Georgia (EUMM) Georgia until 14 December 2018 and has also allocated a budget of EUR 18 million for the coming year.
Although the situation in the country is relatively stable, EUMM's contribution remains key. EUMM has successfully launched a number of small confidence building projects under its new facility and will increase those. It has also seen an important positive development with the resumption of the incident prevention and response mechanism in Gali.
The European Union Monitoring Mission (EUMM) is an unarmed civilian monitoring mission of the European Union, deployed in September 2008 following the EU-mediated Six-Point Agreement, which ended the August 2008 war. The EUMM aims to ensure that there is no return to hostilities, to facilitate the resumption of a safe and normal life for the local communities living on both sides of the boundary line with Abkhazia and South Ossetia, to build confidence among the conflict parties and to inform EU policy in Georgia and the wider region.

Carlo Natale's statement on visa liberalization of Georgia

Published in Politics
Tuesday, 13 December 2016 14:38

“I am sure that visa free regime will be available for Georgians in the nearest future,”-this statement was made by the Deputy Head of EU Delegation to Georgia Carlo Natale.
“We are waiting for progressive news from Brussels where the meeting is scheduled. A huge step was taken last week. I am sure that visa free regime will be available for Georgians in the nearest future,”-Carlo Natale added. 

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