Category: Georgia
Head of GeoStat: Manufacturing, financial services, and logistics drive 8% economic expansion in July
“Georgia’s economy grew by 8.0% year-on-year in July 2026 based on VAT returns declared by enterprises, bringing the average real growth rate for the first seven months of the year to 7.9%,” announced Gogita Todradze, Executive Director of the National Statistics Office of Georgia (GeoStat). According to Todradze, key drivers of economic growth included manufacturing, […]
Read moreBatumi to host GIMF 2026, spotlighting Middle Corridor
Batumi will host the Georgia International Maritime Forum – GIMF 2026 on September 7-8, with around 400 delegates from 40 countries expected to attend. The forum will be held under the aegis of Georgian Prime Minister Irakli Kobakhidze, with the support of the Ministry of Economy and Sustainable Development and organised by the Maritime Transport […]
Read moreGeorgia’s FDI rose 19.3% to $1.9 billion in 2025
Geostat reports that the volume of foreign direct investment (FDI) in Georgia amounted to $1.9 billion in 2025, 19.3% higher than the corresponding figure for 2024 and 12.5% above the preliminary 2025 figure. The data published by Geostat show that the level of reinvestment remained high. Of the $1.9 billion in FDI recorded in 2025, […]
Read moreNumber of Iranian companies in Georgia up 510% since 2012 – EPRC
According to data from the Economic Policy Research Center (EPRC), the number of Iranian companies in Georgia has increased by around 510% since 2012, exceeding 12,800 by 2025–26. EPRC says the figures are based on data from Geostat and the National Bank of Georgia. The organisation also notes that despite the sharp rise in the […]
Read moreGeorgia’s business sector expands turnover as of 1Q2026
Georgia’s business sector turnover reached 62 billion lari ($23.3 billion) in the first quarter of 2026, up 10.7% compared to the same period of 2025 Data obtained by Trend from the country’s National Statistics Office indicates, that production value increased by 12.4% year-on-year to 23.3 billion lari ($8.8 billion). Georgia’s business sector is driven primarily […]
Read moreTransport, Energy, and Business: Key Topics in Talks Between the President of Turkmenistan and the Prime Minister of Georgia
On 17 July 2026, in Tbilisi, as part of his state visit to Georgia, President of Turkmenistan Serdar Berdimuhamedov held negotiations with Prime Minister Irakli Kobakhidze. The meeting, conducted in both a tete-a-tete format and with expanded delegations, marked a new stage in the diversification of political, trade and economic, as well as cultural and […]
Read moreFree Businesses Association calls for higher duty-free limit
The Association of Free Businesses has called on the Ministry of Finance to increase the duty-free threshold for postal items from GEL 300 to GEL 900, saying the current limit no longer reflects economic realities. The association says the existing threshold was introduced in 2009 and has become outdated due to changes in the country’s […]
Read moreGovernment updates work residence permit rules for foreigners
The Georgian government has approved amendments to the rules governing the issuance of work residence permits for foreign nationals. The changes to the resolution ‘On Approval of the Procedure for Consideration and Decision-Making of the Issue of Residence Permits in Georgia’ require foreigners engaged in activities covered by the Law on Labor Migration to submit […]
Read moreUzbekistan and Georgia Discuss Joint Business Projects
The Uzbek-Georgian Business Council held its regular meeting in Tbilisi on 1 July 2026, ahead of the state visit of the President of Uzbekistan, Shavkat Mirziyoyev, to Georgia. Participants discussed prospects for expanding trade and economic cooperation, developing industrial cooperation, and implementing new investment projects. The meeting was attended by the Deputy Chairman of the […]
Read moreGeorgia-Uzbekistan Business Forum underway in Tbilisi
The Georgia-Uzbekistan Business Forum was held in Tbilisi on July 1, bringing together government officials and business representatives from both countries. The event was opened by Georgia’s Minister of Economy and Sustainable Development, Mariam Kvrivishvili, and Uzbekistan’s Minister of Investments, Industry and Trade, Laziz Kudratov. Around 70 Uzbek companies participated in the forum, representing sectors […]
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