Saturday, December 6, 2025

Tbilisi and Bucharest ink deal to cooperate on energy sector regulation

TBILISI, September 24 – k Sea undersea cable that would connect the South Caucasus to the European Union. The memorandum of understanding was signed by Davit Narmania, chairman of Georgia’s “Semek,” or National Energy and Water Supply Regulatory Commission (GNERC), and George Niculescu, president of Romania’s energy regulator. According to GNERC, the agreement focuses on … Read more

Georgia’s fish exports nearly double in value

TBILISI, September 23 – Georgia’s fish exports almost doubled in value this year, even though the overall volume barely rose, according to new trade figures. Business Media reported, based on data from Georgia’s National Statistics Office, that from January to August 2025, the country exported 964 tons of fresh, chilled, and frozen fish worth USD … Read more

Georgia moves to tighten oversight of crypto providers

TBILISI, September 23 – Georgia’s parliament is moving to limit the National Bank’s authority over state reserves while giving it stronger powers to regulate cryptocurrency service providers. Supporters of the measure say the tighter rules will bring Georgia’s fast-growing crypto sector under stronger oversight. A draft bill prepared by Finance and Budget Committee chair Paata … Read more

Georgia’s grape harvest in Kakheti hits 84,000 tons

TBILISI, September 22 – Georgia’s famed wine-making region of Kakheti is reporting a smooth grape harvest this year, with tens of thousands of tons already processed. According to the National Wine Agency, as of September 22 winemakers in Kakheti have processed 84,000 tons of grapes without disruption. The region, in eastern Georgia, is the heart … Read more

Georgia’s car imports climb despite US tariffs

TBILISI, September 22 – Georgia’s appetite for cars keeps growing, with both imports and exports up sharply this year despite new US tariffs that industry watchers feared would squeeze the market. From January to August 2025, Georgia imported 148,859 vehicles worth $2.42 billion, up nearly 9% from the same period last year, according to the … Read more

Georgia and China to update free trade deal

TBILISI, September 18 – Georgia and China are preparing to update their free trade agreement, which has been in force since May 2017. The news was announced by Georgia’s Ministry of Economy. Talks have already taken place between the two governments. On the Georgian side, the negotiations were led by Deputy Minister of Economy and … Read more

Georgia risks losing cargo as two port plans in limbo

TBILISI, September 17 – Frustration is mounting in Georgia as both port renewal plans on the Black Sea have stalled. Poti’s USD 300 million expansion has been on the table since 2018 but remains frozen. The port’s director, Zviad Chkhartishvili, told Georgian media that Economy Minister Mariam Kvrivishvili has asked for two more months before … Read more

Georgia’s housing market rebounds with sales up 12 percent

TBILISI, September 15 – Georgia’s property market is showing signs of recovery, with several real estate developers reporting stronger sales in the first eight months of 2025. According to industry representatives, demand for residential property picked up in the second half of the year after a slow start. Apex Development, one of the country’s leading … Read more

Chinese bicycles dominate Georgia’s booming imports

TBILISI, September 15 – Georgia is bringing in more bicycles than ever, with imports jumping by nearly 50 percent in the first seven months of 2025. According to official statistics, from January to July the country imported 860 tons of bicycles worth USD 2.85 million, according to Business Media. Both the value and the volume … Read more

Truck restrictions in Tbilisi spark complaints from distributors

TBILISI, September 12 – Georgia’s distributors are pushing back against new rules that limit the movement of large trucks in Tbilisi during peak hours, warning that the measures are driving up costs and complicating deliveries. Lasha Rijamadze, president of the country’s Association of Distributors, told Business Press News that companies face major difficulties since the … Read more