Market explosion death toll climbs to 6

Published in World
Monday, 15 August 2022 09:42

YEREVAN, AUGUST 15, ARMENPRESS. The death toll in the Yerevan, Surmalu market explosion reached 6, the Ministry of Emergency Situations spokesperson Hayk Kostanyan said.

“One more body was recovered from the rubble. As of this moment the death toll stands at 6. The search and rescue operations continue,” he said. 2 of the 6 victims are yet to be identified. 16 people are missing.

A strong explosion ripped through the Surmalu market just outside the city center around 13:23, August 14.

The prosecution said the investigators are looking into all possible versions. However the criminal case is opened on Violation of Fire Safety Rules Causing Deaths and Violating of Safety Rules for Storing, Transporting, Using or Supplying Flammable or Incendiary Materials Causing Death.

Initially it was reported that the building which caught fire and subsequently exploded was a fireworks warehouse. 

Georgian snails can be exported to European market

Published in Economics
Wednesday, 02 February 2022 11:53

In December 2021, the European Commission updated (Commission Implementing Regulation 2002/34), which allows Georgia to export snails and frog legs to the European Union among other food products. This has taken place within the framework of the Deep and Comprehensive Free Trade Agreement (DCFTA) between Georgia and the EU.

In several European countries, snails are used in the food industry. There is significant demand for the product, and Georgia is considered an ideal location for production due to weather conditions. Currently, snails are being produced on an estimated 50 farms across Georgia.

Snail production is an attractive market due to the high demand, low input required and profitable returns. Georgian farmers can get started with as little as half a hectare of land and sell one kilogram of produce for more than GEL 10 on the European market.

Learn more about trade between Georgia and the EU here and the European Union’s support to agriculture in Georgia here(link is external).


Welcome to Kyiv-Tbilisi Affiliate Journey: a Double Ticket Will Unveil Two Markets

Published in Economics
Wednesday, 04 September 2019 18:42

On October 18, Smile-Expo will organize Georgia iGaming Affiliate Conference – a practical event dedicated to affiliate marketing in the offline and online gambling business. Speakers will discuss the efficient strategies for attracting clients and traffic, as well as the legal aspects of land based and virtual casinos operations.

Conference website already features seven expert presentations and two participants of the panel discussion: “Offline and online casinos. Review of tools aimed at user attention”. Presenting the event program, organizers also announced a new special offer: Kyiv-Tbilisi Affiliate Journey, allowing to buy two tickets to events in Tbilisi and Kyiv.

What to expect from Kyiv iGaming Affiliate Conference?

Kyiv will host the second annual conference dedicated to iGaming affiliate marketing on September 26. Attendees of Kyiv iGaming Affiliate Conference 2019 will enjoy latest insights, interactive program, lots of networking, communication with experts from five countries, and a demo zone with reputed companies.

Speakers of the conference include webmasters, affiliates, arbitrage specialists, marketers and top lawyers. They will address key issues:

  • How to get maximum quality traffic from the CPA networks?
  • How blockchain influenced the gambling market?
  • Why advertisers and affiliates need to work together to reach the best result?
  • How to find traffic for betting mobile app?
  • How to build funnels while working in the gambling niche?
  • What is important for banks and regulators in the activities of operators and affiliates?
  • Gambling market in Africa: what this is and is there money?

Besides, a panel discussion will take place as part of the event, highlighting gambling, betting, esports, as well as finding the balance between these sectors.

A double ticket to Kyiv – Tbilisi Affiliate Journey

Specialists working in the iGaming segment will learn useful knowledge at Georgia iGaming Affiliate Conference and Kyiv iGaming Affiliate Conference, having a chance to talk to local experts, find out more about the operations in the region, and learn about the prospects for launching and expanding the business.

That’s why, Smile-Expo is offering you a Kyiv-Tbilisi Affiliate Journey, allowing to get one ticket for two conferences at the best price. The price for one ticket till September 3 comprises €150 only.

Each week, the price will grow €50, and with each price increase, we’ll add new exciting options from the organizers into tickets. Kyiv-Tbilisi Affiliate Journey will last one month, ending on September 22.

You can buy a double ticket on websites of both conferences, the special category is open on the pages of registration.

How to Stand Out on Georgia’s Profitable Gambling Market? Leading Experts to Discuss Best Practices at Georgia iGaming Affiliate Conference

Published in Economics
Saturday, 20 July 2019 15:16

On October 18, Tbilisi will host a practical event called Georgia iGaming Affiliate Conference (GiAC). Gambling operators, advertisers, marketing specialists, affiliates, and webmasters will share their experience in current earnings on gambling.

The conference aims to unite online and offline casinos as well as to provide conditions for contacts and experience exchange in order to earn more, carry out legal operations, avoid penalties, and expand businesses. 

Live communication with core industry experts is the best way to improve yourself and your business within a single day: you will discover how to establish a casino in Georgia, find investments, increase the customer flow, and obtain traffic sources.  

The program includes the following:

How to make an attractive online offer.

Levon Nikoghosyan, entrepreneur and developer. He founded PartnerMatrix, a user-friendly software for affiliates and agents: with API integration, flexible rights adjustment, automatic payments, built-in reports, and analytics.   

How to attract players to your casino among other million venues. Affiliate marketing strategies with a focus on betting affiliate website and organic SEO.

Nikola Minkov, entrepreneur. He dealt with SEO until it became a mainstream. He has founded Serpact in order to help businesses to sell their services via content. Serpact has implemented 700 client projects since 2012.      

Amendments in laws and regulation of Georgian gambling business. How to run business legally, avoid penalties, and earn more on your own activity.

Teona Shiukashvili has been issuing permissions for establishing casinos for more than 10 years. Currently, she is the Head of Gambling Business Regulation Division at Georgia Revenue Service.

Must-see: panel discussion with practicing online and offline casino experts. Review of tools aimed at user attention.

Shota Amiranashvili, President of the Association of casinos in Adjara. Briefly about 13-year experience in land-based casinos.
Giorgi Gvenetadze, Head of Product Marketing Department at A bet on youth and a creative approach to business allowed Adjarabet to conclude an agreement for $132 million with Paddy Power Betfair. They allowed Giorgi to win in the Marketing Category at Cannes Lions Georgia 2019.


The conference will end with an afterparty where speakers, sponsors, participants, and VIP ticket owners will keep talking with a glass of Georgian wine. 

The party, as well as the whole event, is organized by Smile-Expo, an international company that has been holding business and high-tech events for 13 years. 

Date: Friday, October 18, 2019.

Venue: The Biltmore Tbilisi Hotel.

Only 20 Business tickets left at the early bird price. Hurry up, the price will be increasing.

There will be no video recording of presentations and no online streaming.

Register to Georgia iGaming Affiliate Conference at the lowest price right now.





Entrepreneurial Market Opened in Batumi

Published in Economics
Friday, 25 August 2017 12:11

The LEPL Produce in Georgia of the Ministry of Economy and Sustainable Development will support three-day business entrepreneurship market to be held in Adjara on 18-20 August. Each participant will be able to introduce own products to the public in Batumi Boulevard, in front of the Summer Theater during the three days. The Chairman of the Government of Adjara, Zurab Pataradze and the Head of the Produce in Georgia, Mariana Morgoshia opened the business market today.

The Start-up Market represents an alternative, multifunctional and movable trade space aimed at improving business environment in Georgia and promoting young entrepreneurs. The aim of such events is to promote quality Georgian products.

About 100 participants, including the beneficiaries of the state program Produce in Georgia, will use the opportunity of participation in the exhibition-sale and present their products in public. In addition, the event will present the information desk of the Produce in Georgia, where interested people will be able to learn more about the projects implemented by the Agency and the Government's proposals to support business.
The 3-days event will be open at 18:00 to 00:00. The Ministry of Education, Sport and Culture of the Autonomous Republic of Adjara together with the Produce in Georgia Agency support the event.

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 Shapes the Inflight Connectivity Market

Published in Economics
Tuesday, 04 April 2017 12:50

SES (Euronext Paris and Luxembourg Stock Exchange: SESG) delivers tailored service to the increasingly demanding requirements for in flight connectivity (IFC). The SES approach and the future of IFC are described in the new SES White Paper “Connected Planes, Smart Systems”. IFC providers rely on flexible and creative solutions to meet the dynamic demands of this market, and the SES approach allows them to maximize their capabilities. SES uses collaborative processes, tailored coverage, customized service, diverse fleet options and open architecture to ensure that it supplies the connectivity that customers need today and will rely on tomorrow.
“Behind every plane that is, or will be, connected by SES there is a differentiated network that was developed using five principles,” the White Paper begins. “These elements are the basis to the success of SES, and of its customers, as this approach has enabled efficiencies and offerings that were previously unattainable.”
“Two years ago the demand for IFC was emerging as a powerful driving force, but airlines were not able to provide the connectivity that their customers were looking for,” the White Paper explains. “SES stepped up, making its global fleet of GEO satellites available as a first step, and at the same time offering a future-proof value proposition by committing to technological innovations that would shape the future of IFC.”
“In the near future, service providers and airlines can focus on inflight services without a thought or concern about Ku, Ka or HTS,” the White Paper concludes.“The passenger is easily connected to the same types of secure entertainment and communications services they use on the ground. The cockpit is linked to the latest flightpath weather reports, airport updates, and airline communiques. The airline can create its own differentiated brand of inflight connectivity to serve its passengers, crew and operations teams across the globe.”

EU market to Open for Georgian Honey

Published in Economics
Friday, 02 December 2016 17:47

EU completed all the formal procedures and now Georgia is the third country in the lists from where honey will be exported to EU.As the Minister of Agriculture Levan Davitashvili announced, the ministry of agriculture implemented important activities to help the development of beekeeping and promoted the export of Georgian honey to European countries.“According to EU demands, there have been legislative changes implemented, which aimed to improve the relations with EU. More precisely,it was a plan of monitoring of veterinary drugs and other remaining substances. Since 1st of July, 2015, “Honey Technical Regulation” was enabled and it creates certain standards for producing honey” -declared Levan Davitashvili.
Business operator is due to produce the honey which suits the technical regulation standards and sells it on the market according to regulations. Therefore, honey producers will have an opportunity to sell their honey on European market if they consider production standards.


Published in Politics
Friday, 23 September 2016 10:25

Mr. President, Dear Colleagues, Distinguished Delegates,
Ladies and Gentlemen,
It is my honor to address the General Assembly.

Georgia has promoted the values of the United Nations since regaining independence, 25 years ago. In return, the UN has served as a partner for us, one of the oldest nations in the world, in developing a free and democratic state.
Twenty-five years ago, few of us could have imagined this day.
Georgia has since transformed itself from a country ravaged by civil war into a dynamic European democracy.
We have made great progress in building strong and effective state institutions, ensuring:
- A free civil society,
- free media,
- free markets,
- social cohesion, and
- the rule of law.
We are proud to be ranked the 5th freest economy in the world, ensuring openness and integration into the global market and equal opportunities for all people interested in doing business in Georgia.
As of July, Georgia is an Associated country of the EU, harmonizing its policies, institutions, sectors and market rules with those of the European Union.
We are an aspirant country to NATO, having the deepest and most comprehensive partnership with the Alliance of any nation.
In the last few weeks, the US Government, the European Union, and NATO all took actions to emphasize that Georgia's future lies within the European and Euro-Atlantic community.
At its core, Georgia's foreign policy is aimed at building strong, mutually beneficial partnerships with the countries of our region and beyond.
This path, chosen by our people, leads to more stability, security, peace and prosperity in our country and the region.
The work never ends, though.
Today, we are poised to thrive in a new millennium. We are building an innovation-driven community with all generations looking over the horizon at an ever-brighter future.
We are building a country that will ensure the unification of war-torn communities and abolish the newest versions of the "Glienicke Bridge," which exist in the 21st century due to the continuous occupation of two of our regions, dividing peaceful societies on both sides.
A year ago we all together adopted a universal plan to better the world by setting 17 Sustainable Development Goals for the 2030 Agenda.
The much needed transformative agenda for 2030 is indeed impressive. But let's be frank. Despite the phenomenal blueprint of the MDGs, we as an international community could not live up to the challenge.
I welcome this year's focus on the transformative power of the SDGs. Let us make sure that in the 15 years that we have ahead we do our utmost to really fulfill if not all, at least a good majority, of the 17 goals.
To do so, we need to succeed nationally, and, at the same time, support others in meeting their national goals.
We also must remember how interrelated these goals are. We have to strive for peace and security by fostering development and vice-versa.
Our government has a vision for how to translate these goals into national actions.
This year, we launched a comprehensive 4-point reform plan, which is about making the development of our country a success for each and every citizen of Georgia and for the development and stability of the region.
Effective governance with transparent and accountable institutions is the key for building peaceful and inclusive societies and for sustainable development.
Focusing on SDG 16, we have made a clear break from the past by prioritizing good governance.
Two days ago, together with Estonia, the Republic of Korea and UNDP my country organized a special high-level cross-regional event aimed at sharing success stories on implementing SDG 16.
Let me reiterate that we remain committed to sharing our experience and extending support to those who are pursuing transformation.
Within Georgia, our goal is to ensure maximum inclusion of all stakeholders in the decision making process. We have created several platforms where we have regular dialogue with civil society and private sector representatives.
In promoting good governance, our aim is to make all public services even more accessible for business, and we have launched an ambitious project of a "Business House" in Tbilisi, capital of Georgia. It, together with an online platform, will serve as a one-stop-shop for businesses and as a front office for all government bodies.
Central to good governance is fair and efficient tax collection. Georgia is already one of the lowest tax burden countries in the world, but we are liberalizing our taxes further. In order to encourage business to invest in development, and thus in new jobs, we have taken a decision to abolish a profit tax on undistributed earnings.
Although it is a costly reform, it ensures the long-term sustainability of business and jobs.
We are also improving the tax administration system by strengthening the role of the judiciary in decisions on tax inspections, thus ensuring increased protections for the private sector.
Mr. President, the trend lines for Georgia are continuously improving:
 The World Bank just reported that Georgia's poverty rate dropped more than 10 percent from 2012 to 2014. This is a major accomplishment.
 In 2015, the unemployment rate continued to decline and is now at its lowest level in the past twelve years. Salaries and wages are up substantially compared to several years ago.
 Georgia's economy is growing despite downturns all around us and foreign direct investment is way up, almost 100 percent higher than in 2012. This translates directly into jobs for Georgians.
Georgia now ranks 4th in terms of "ease of doing business" in Europe and Central Asia and is on the path to being a true "start-up nation."
In the history of independent Georgia there have never been so many opportunities for hard-working people with a dream to launch or grow their own businesses. Those with an entrepreneurial spirit have more chances to succeed than ever.
We have launched several projects that ensure access to capital and infrastructure for people with innovative ideas, especially those interested in manufacturing or farming in Georgia.
Distinguished Colleagues,
The path towards fulfilling sustainable development goals and building resilient and inclusive communities requires unlocking the hidden resource that every nation has: its people.
Accordingly, education is among our top priorities. We decided to tailor our education system to ensure it delivers for each individual and for our society and economy as a whole. We want every graduate of a professional or higher education institution financed by the government to be able to find his or her place in a competitive labor market.
We want an education system that is competitive and delivers quality education not only to Georgian citizens but also to foreign students.
The construction of two new private technical universities, with an estimated development cost of 1 billion euro, has started this year. We will soon be able to offer some of the best education opportunities in our region.
A healthy population is also key to further growth and development.
Several years ago, we launched a flagship program for universal health care. Today, all citizens of Georgia have heath care insurance, making medical care a reality for hundreds of thousands of our citizens for the first time.
We have also encouraged private investments in the health care system, which has resulted in hundreds of millions of dollars being invested in new private hospitals.
A new national e-pharmacy system that will streamline the delivery of medicines to patients is now being tested.
With the help of our partners, special programs to eradicate persistent diseases have been started and Georgia is set to become one of the first countries to eliminate Hepatitis C. We are especially grateful to the United States for their help with this initiative.
Mr. President,
Georgia's development agenda is first and foremost about our citizens and their equal rights. We believe in the power of free citizens and the role of government in ensuring freedoms and opportunities for them.
Sustainable development is not possible without human rights, access to justice, and effective, transparent, accountable, and inclusive institutions.
We have taken major steps to bolster the rule of law. We overhauled court systems, prosecutors' offices, judicial ethics, and attorneys' responsibilities. We gave more rights to defendants. We ended impunity by government officials.
All Georgians are now equal before the law and can benefit from a judiciary system that has gone through several waves of reforms to reach higher levels of independence and professionalism. We are continuing the reform process of the judiciary to achieve the highest international standards.
Today, Georgia is number 29 in the Rule of Law Index of the World Justice Project, ahead of a number of old and new EU members.
Other important steps address a regrettable problem we inherited: past human rights violations, with particularly egregious infractions in our prisons. We have acted swiftly and decisively to correct this.
The UN's Special Rapporteur on Torture and Inhumane and Degrading Treatment recently observed that the Georgian government has turned this problem around since its election in 2012. The changes, he notes, are visible and quantifiable. We did this by putting in place legal and procedural mechanisms for combating the mistreatment of prisoners, including compensation to victims.
We have enacted new anti-discrimination legislation;
We have worked hard to concretely advance gender equality and women's empowerment; and
We are implementing a National Action Plan to ensure equal opportunities for persons with disabilities. But there is still more to be done. For that purpose, we have set in place a new long-term comprehensive Human Rights Strategy and Action plan.
In less than three weeks, we will be holding parliamentary elections in Georgia.
The campaign started more than three months ago, and this period has been evidence of Georgia's real democratic development. With a free and pluralistic media and political environment, strong and vocal civil society, and the relevant legislative and institutional framework, we are ensuring a free, fair and transparent election process.
On the 8th of October the people of Georgia will win, and our democracy will continue driving our country to a sustainable future.
Dear Colleagues,
Sustainable development cannot be fully realized if it is divorced from the overriding issue of security. In Georgia, we are reminded of this every day by a harsh reality: 20 percent of our country is occupied by foreign troops-who took it by force.
Hundreds of thousands of people continue to be denied the right to return to their homes. We are grateful for the support offered by the UNGA resolution on the "Status of IDPs and Refugees from Abkhazia, Georgia, and the Tskhinvali Regions/so-called South Ossetia, Georgia." It is time to translate this measure of support into action.
Barbed wire fences installed by the occupiers divide Georgian families and communities. The populations in the occupied regions endure constant ethnic discrimination and gross human rights violations. Their freedom of movement and their property rights are restricted. They are even denied education in their native language.
I condemn the recent act of holding elections to the Russian State Duma in Georgia's occupied territories, which is another part of Moscow's annexation policy.
And this all happens in the absence of any international monitoring, except for the limited involvement of the European Union Monitoring Mission, which has been denied access to the occupied territories.
The ongoing occupation and steps towards annexation remain the greatest existential challenge inherited by our government.
We have been seeking a workable solution with the Russian Federation. We have made some concrete progress in de-escalating tensions, but Georgia's steps forward have not all been reciprocated.
The Russian Federation has yet to honor even the EU-mediated ceasefire Agreement of August 2008.
Against this backdrop, I would like to once again reaffirm that this conflict must be resolved peacefully, based on the full respect of Georgia's sovereignty and territorial integrity within its internationally recognized borders.
We will continue to respond to the concerns of people living in the Abkhazia and Tskhinvali regions and reconcile the war-torn communities across the occupation line. To this end, we will make all benefits of our European agenda and economic opportunities available to the people residing in the occupied territories.
Our investment in the prosperous future of a united Georgia is additional stimulus for building confidence and reconciliation.
We will invest more than 5 billion USD in connectivity and infrastructure in the next 4 years.
We will connect regions of Georgia with each other as well as connect Georgia with the wider region. Thanks to Georgia's strategic location, our ports, roads, and transport networks will be an important part of the ambitious and transformative Silk Road development plan connecting Europe and Asia.
We are investing not only in infrastructure, but in policy platforms as well.
The Tbilisi Silk Road Forum proved to be a major success, attracting the involvement of 35 countries.
In particular, we are honored and excited to be working with China and other nations of the Silk Road to provide a critical piece of a new trade and investment corridor that will benefit the entire world.
When we talk about connectivity, we must not omit the Internet, perhaps the greatest driver of global cooperation.
Therefore, we have started the development of a country-wide broadband system that will bring the benefits of the Internet to the most remote villages and farms. Georgia is proud to be on the list of top countries for internet freedom.
Ladies and Gentlemen,
Mr. President and distinguished colleagues, I am proud to be speaking to you on behalf of Georgia at a time when we are on the rise and at the center of new developments connecting East and West.
It is in this spirit that we seek to create a more secure and prosperous region, grounded in principles of sustainable development.
We are working hard every day to take real actions that enhance the lives of our people while respecting their rights, their beliefs, and their cultures.
We look forward to continuing to work with the United Nations on achieving a shared vision for a better future.
I thank you.

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