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Prime Minister hails Obama-Saakashvili agreement

31.01.12 17:58

Members of the Cabinet of Minister commented on the meeting of the Georgian and U.S. presidents held in Washington yesterday. The government assembled at the session in the Government`s Chancellery today.

Prime Minister Nika Gilauri said the meeting was very important for Georgia`s future. He said several directions should be outlined from this meeting, first of all the initiative of the US president to begin negotiations on free trade relations, which is very important for Georgia`s economic activities. Negotiations on similar agreement are already underway with the European Union.

`Considering this agreement, we can imagine Georgia as a kind of a trade centre between Asia and Europe, Asia and the United States. Many companies may make investments here even only for one reason - that the commercial activities will be freed of additional barriers in relations with EU and the United States,` Gilauri said.

He also hailed the statement the U.S> president to continue support to Georgia`s defense sector, reinforcement of its defensibility, which is very important for the region.

`The last factor, which should be emphasized, is the support to Georgia`s NATO aspirations. This is particularly notable prior to the NATO Chicago summit, where the support of the United States will be very important,` Nika Gilauri said.

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MORE NEWS

Energy Minister rules out growth of power tariff

20.08.14 14:39

The Minister of Energy and Natural resources, Kakha Kaladze downplays the concerns of some opponents about the possible growth of the electricity consumption charge, saying the electricity tariff will not be changed.More...video clip 

Foreign Minister comments on possible Russian embargo

18.08.14 13:20

Minister of Foreign Affairs of Georgia says the government will find ways to fit the new trade terms in case Russia bans import of Georgian product on its territory, which is quite possible after Georgia and two other post-Soviet republics signed Association Agreement with the European Union last June. More...video clip 

IMF approves $140 mln loan to Georgia

14.08.14 13:48

The International Monetary Fund has approved a 153 million U.S. dollar loan to Georgia - the issue was discussed at the meeting of the Cabinet, at the end of which, the Minister of Finance, Nodar Khaduri defined that the total amount of the loan would be transferred to Georgia during 3 years.More...video clip 

Government launches pilot draft of agriculture insurance

14.08.14 13:29

The government of Georgia will allocate five million GEL from the state budget to fund the new program of agriculture insurance - Minister of Agriculture Otar Danelia announced after the meeting of the Cabinet today.More...video clip 

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Suspending free trade agreement by Russia `not a tragedy`:PM

31.07.14 20:14

Georgia`s Prime Minister Irakli Garibashvili considers Russia’s plan to suspend free trade agreement with Georgia “not a tragedy”.More...video clip 

Russia intends to suspend free trade agreement with Georgia

31.07.14 19:48

Russia’s Ministry for Economic Development has drafted a government regulation suspending the agreement between Russia and Georgia on free trade.More...video clip 

Prime Minister meets the Conti Group president

21.07.14 18:12

The Conti Group, an American investment holding enters Georgia by opening its branch here. Kurt Conti, the president of the investment holding company, introduced his plans for Georgia to the Prime Minister of Georgia today. More...video clip 

Electricity price expected to rise in Georgia

15.07.14 17:45

Electricity price is expected to rise in Georgia since September 2014. As reported, Energo Pro Georgia Company has made a request to change the tariff to the Energy Regulatory Commission (ERC).More...video clip 


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