China seems to be the next big thing for Georgia. Yesterday the Georgian Prime Minister Irakli Garibashvili has completed his 5-day visit to China for the World Economic Forum in Dalian.While in China, the Georgian PM did quite a bit of impressive things that might have slipped your attention if you weren’t following updates on his visit as intensively as the Georgian journalists have been.
Police and dozens of wine grape growers, protesting lower grape prices, scuffled briefly in Gurjaani, eastern region of Kakheti, after the demonstrators tried to block the main road running through the town on September 11.
President Giorgi Margvelashvili has signed the bill into law removing the banking supervisory functions from the Georgian National Bank (NBG) after his veto was overridden by parliament last week.
Foreign direct investment rose by 4.9% year-on-year to USD 530 million in the first half of 2015, driven mostly by inflows into the transport and communications sector, according to preliminary data released by the Geostat on Wednesday.
It is very important for Georgia to have “strong ties” with China, Georgian PM Irakli Garibashvili said on September 9 while speaking at the World Economic Forum (WEF) in the Chinese northeastern port city of Dalian.
The Georgian Dream ruling coalition has initiated constitutional changes to scrap the majoritarian component of the electoral system for the elections that will be held after the 2016 parliamentary polls.
Speaker of Iran’s Parliament Ali Larijani referred to Georgia as a “good friend” for Iran, and voiced Tehran’s willingness to expand mutual cooperation with Tbilisi.
The Parliament overturned on September 3 presidential veto on a package of bills that removes banking supervisory functions from the Georgian National Bank (NBG).
Georgia’s annual inflation accelerated to its highest rate in four years at 5.4% in August from 4.9% in July, according to the state statistics office Geostat.
Giorgi Kvirikashvili, who held Economy Minister’s post since late 2012, has been appointed as new Foreign Minister, replacing Tamar Beruchashvili.
