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Giorgi Gakharia Delivered Speech at China International Investment Forum
Publish Time: 2017-09-18 18:17:00
Minister of Economy and Sustainable Development of Georgia is paying a visit to the People’s Republic of China. Within the frames of the visit, Giorgi Gakharia delivered speech at the China International Investment Forum 2017.The Minister highlighted the attractive investment climate in Georgia and the country’s transit role in the region. Giorgi Gakharia stressed that due to its strategic location, Georgia can become the main platform of the Silk Road initiative and the bridge between the East and the West.The Minister also spoke about those trade agreements that have been recently signed by Georgia with the European Union, the EFTA countries, China and Turkey. According to him, the negotiations on the Free Trade Agreement with Hong Kong and India will be launched in the nearest future.As you know, Georgia has a wide net of Free Trade Agreements, including the Agreements with the EU, China, the European Free Trade Association Countries, the CIS countries and Turkey. We recently signed a Free Trade Agreement with China and accomplished negotiations on the Free Trade Agreement with Hong Kong. With all the signed Free Trade Agreements, we have a free access to the one third of the world’s market – Giorgi Gakharia noted.According to the Minister’s assessment, due to its strategic position on the crossroads of Europe, Asia and the Middle East, Georgia has a potential to become a key platform for the ‘Belt and Road’ initiative and a bridge between the East and the West. Consequently, the Georgian Government pays particular attention to the strengthening of the country’s transit function and establishing it as a regional hub for trade and logistics, – Giorgi Gakharia said.
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EUR Official Rate against GEL for September 19 - 2.9561
Publish Time: 2017-09-18 16:48:00
According to the National Bank of Georgia, the exchange rate for Euro against Lari will be 2.9561 on September 19. The exchange rate for Euro against Lari is  2.9467 today. 
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USD Official Rate agains GEL for September 19 - 2.4727
Publish Time: 2017-09-18 16:45:00
According to the National Bank of Georgia, the exchange rate for US against Lari will be 2.4727 on September 19.The exchange rate for US against Lari is  2.4663  today. 
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Minister of Economy and Sustainable Development of Georgia discussed Georgia's role as a transit country at CIFIT
Publish Time: 2017-09-18 16:15:00
Minister of Economy and Sustainable Development of Georgia delivered a speech at 2017 China International Fair for Investment and Trade (CIFIT) in Xiamen, China.Giorgi Gakharia emphasized the investment environment in Georgia and Georgia's role as a transit country.
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2017 China International Fair for Investment and Trade (CIFIT) in Xiamen, China
Publish Time: 2017-09-18 12:21:00
2017 China International Fair for Investment and Trade (CIFIT) opened in Xiamen, ChinaGeorgia is invited as an honorary guest. 120 Georgian companies are involved in the exhibition.  
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Mikheil Janelidze held a meeting with Boston business delegation
Publish Time: 2017-09-16 12:11:00
Vice-Premier of Georgia, Minister of Foreign Affairs Mikheil Janelidze held a meeting with the members of Boston business delegation. Delegation is paying a visit to Georgia.The sides discussed the possibility of active entering of foreign companies into Georgian market as well as promotion of successful functioning of Georgian companies in international markets, which represents an important priority for the foreign economic policy of the country.The delegation also held meetings with the representatives of relevant state agencies and business sector.The visits of business delegations from Israel, South Africa, Italy, Serbia and India are scheduled for the end of September in Georgia.
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Budget report 2017 - Deputy Minister of Finance has responded to criticism
Publish Time: 2017-09-15 20:07:00
Bonuses, bureaucratic expenditures, ecological policy of the country: Deputy Minister of Finance of Georgia visited Parliament on September 15 to hear and answer the opposition's acute questions. Giorgi Kakauridze presented the budget report of the first six months of 2017 at the Parliamentary Minority sitting. The noisy discussion continued at the sitting of the Sector Economy and Economic Policy Committee where the legislative package about National Bank of Georgia was discussed with the first hearing. The parliamentary majority criticized the changes and noted that there are several issues they do not agree with, including granting immunity to the member of National Bank of Georgia.    According to MPs, the project should reflect the complaints of citizens concerning to the fines based on bank loans.
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EUR Official Rate against GEL for September 16 - 2.9467
Publish Time: 2017-09-15 18:22:00
According to the National Bank of Georgia, the exchange rate for Euro against Lari will be 2.9467 on September 16. The exchange rate for Euro against Lari is  2.9281 today. 
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Minister of Finance comments on Lari Depreciation
Publish Time: 2017-09-15 18:17:00
Georgian Lari depreciated. The exchange rate is now 1 US dollar to 2.47 GEL. Minister of Finance commented on Lari Depreciation. According to Dimitri Kumsishvili, the inflow of foreign currency from tourism and export increased, which reflected on the improvement of tax balance.  Minister of Finance said that the course is floating and it is difficult to predict exchange rate for Lari against US.
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USD Official Rate agains GEL for September 16 - 2.4663 GEL
Publish Time: 2017-09-15 18:15:00
According to the National Bank of Georgia, the exchange rate for US against Lari will be 2.4663 on September 16. The exchange rate for US against Lari is 2.4604 today. 
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Dimitry Kumsishvili met with the Vice-President of the World Bank
Publish Time: 2017-09-15 16:10:00
First Vice-Prime Minister of Georgia, Minister of Finance Mr. Dimitry Kumsishvili met with the Vice-President of the World Bank.The two sides discussed the macroeconomic situation of Georgia as well as the priority directions towards the World Bank.Late afternoon, National Parliamentary Library of Georgia will host the forum dedicated to the 25th anniversary between Georgia and World Bank relations. 
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First hearing: The legislative package about National Bank of Georgia was discussed
Publish Time: 2017-09-15 16:07:00
The legislative package about National Bank of Georgia was discussed at the sitting of the Sector Economy and Economic Policy Committee with the first hearing.The parliamentary majority criticized the changes and noted that there are several issues they do not agree with, including granting immunity to the member of National Bank of Georgia.   Herewith, Levan Koberidze said that the policy of the National Bank is incomprehensible with regard to the financial market.
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„Georgia - The Cradle of Wine“ - Prime Minister opens the exhibition in Bordeaux
Update Time: 2017-09-15 12:29:00
The wine exhibition Georgia - The Cradle of Wine opened in the city of Bordeaux, France.Unique archaeological and ethnographic artifacts from the National Museum of Georgia proving that Georgia has an ancient wine civilization were presented at the Center of Wine Civilization- Cité des Civilisations Du Vin in Bordeaux, France.Prime Minister of Georgia Giorgi Kvirikashvili opened an exhibition titled Georgia - Cradle of Wine in Georgia.National Museum of Georgia prepared the exposition that presents Georgian wine culture and depicts the longest and uninterrupted 8 000-year long history of wine-making.The head of the Government visited the exhibition hall.
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Zurab Pololikashvili elected as UNWTO Secretary General
Publish Time: 2017-09-14 09:28:00
Zurab Pololikashvili has been elected as Secretary General of the United Nations World Tourism Organization (UNWTO). The UNWTO General Assembly unanimously supported the decision of the Executive Council of 12 May 2017 and appointed Zurab Pololikashvili to the position of UNWTO Secretary General.This is the first case when a candidate of Georgia occupies the position of the head of the international organization.The new Secretary General was elected at the 22nd session of the UNWTO General Assembly in China. The procedure was attended by Georgian Foreign Minister Mikhiel Janelidze. 
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EUR Official Rate for September 14 - 2.9443 GEL
Publish Time: 2017-09-13 16:46:00
According to National Bank of Georgia, EUR Official Rate for September 14 will be  2.9443 GEL. EUR Official Rate for September 13 is  2.9359 GEL.
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USD Official Rate for September 14 - 2.4587 GEL
Publish Time: 2017-09-13 16:44:00
According to National Bank of Georgia, USD Official Rate for September 14 will be 2.4587 GEL.USD Official Rate for September 13 is 2.4589 GEL.
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EUR Official Rate for September 12 - 2.9569 GEL
Publish Time: 2017-09-12 16:47:00
According to National Bank of Georgia, EUR Official Rate for September 13 will be  2.9359 GEL. EUR Official Rate for September 12 is  2.9569 GEL.
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USD Official Rate for September 12 - 2.4589 GEL
Publish Time: 2017-09-12 16:45:00
According to National Bank of Georgia, USD Official Rate for September 13 will be 2.4589 GEL.USD Official Rate for September 12 is 2.4589 GEL.
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Agriculture Tourism International Conference to open in Batumi
Publish Time: 2017-09-08 16:28:00
International Conference of Agriculture Tourism will be opened at Sheraton Hotel in Batumi city of Adjara region of Georgia on September 9. About 150 specialists from Georgia and 7 different countries will attend the 2-day conference. Invited guests will hold presentations, seminars and discussions about perspectives of agriculture tourism development. Owners of family-inns from Lithuania, Turkey, Moldova, France and Ukraine will share their experience with participants of the conference. Visits to Adjara sightseeing sites will be arranged for the guests. 
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Georgian Wine Festival in Asian countries
Publish Time: 2017-09-08 12:31:00
Georgian Wine Festival was held in Asian countries. Representative of wine importers, media, and restaurant and hotel networks attended the event.  
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