TBILISI, DFWatch–Georgia’s foreign trade turnover in January-April 2013 fell by 4 percent compared to the same period in 2012.
The trade turnover with EU was reduced by 13 percent, while the negative net trade balance with CIS countries went down 57 percent.
TBILISI, DFWatch–According to preliminary data, Georgia’s foreign trade turnover has decreased by four percent in the months January through April of 2013, compared to the same period in the preceding year.
The total foreign trade turnover in this period totaled
TBILISI, DFWatch–Georgia’s foreign trade turnover in the first three months of 2013 was USD 2 144 million. This is five percent less than in the preceding period, according to a new report by Georgia’s National Statistics Department, Geostat.
Export amounted to
TBILISI, DFWatch–The e-commerce company PayPal will now offer its services in the country Georgia.
It is not easy to get onto the company’s list of countries it covers, Deputy Economy Minister Dimitry Kumsishvili said Thursday.
“But thanks to the efforts
TBILISI, DFWatch–After a second round of inspection, the Georgian mineral water Borjomi has been allowed to export to Russia.
The watershed decision became known in Russian media on Thursday. Russian customer rights’ service known as Rospotrebnadzor has completed
Tbilisi, DFWatch – Rospotrebnadzor, a Russian state customer rights’ service, unexpectedly blocked comeback of Borjomi, the best-known Georgian mineral water brand, to the Russian market for undefined period.
Even though Borjomi
Twin deficit is a situation where a country’s economy is running two deficits at the same time: a fiscal deficit, and a deficit on the current account of the balance of payments. According to the twin deficit hypothesis, persistent fiscal shocks cause a deterioration
Tbilisi, DFWatch – A second group of Russian experts who should have arrived in Georgia on March 25 to monitor about 40 companies have rescheduled their visit for the beginning of April.
TBILISI, DFWatch–Direct foreign investments in Georgia dropped by 47 percent in the fourth quarter of 2012, compared to the previous year, according to a new report by National Statistics Department, GeoStat.
According to preliminary data, the total amount of
TBILISI, DFWatch–The Russian consumer safety bureau Rospotrebnadzor confirms that 36 Georgian wine companies and four mineral water companies are ready to enter the Russian market.
On Wednesday, the agency, which is a federal service for protection consumers’ rights