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Executive Director of EU-Georgia Business Council, Giorgi Kacharavatook part at the 6th EaP Business Forum, held in Bucharest on June 25, 2019. 
The Business Forum addressed contemporary challenges facing the business world – with a special focus on SME’s and marking the 10th anniversary of the EaP by:
– Stimulating trade and economic cooperation among partner countries and between them and the EU, at governmental and business level;
– Evaluating the results achieved so far in the implementation of the 20 deliverables for 2020 with focus on trade perspective for EU-EaP Partners
– Contributing to the objective related to the improvement of the investment and business environment and unlocking SME’s growth potential in EaP region.


In this issue 👉 Mgaloblishvili Kipiani Dzidziguri (MKD) Newsletter March-April, 2019

Legal news:

  • New rules for Georgian pharmaceutical market;
  • New regulation for the persons holding the status of a special enterprise;
  • Agro Insurance Programme has been approved;
  • Decree N163 of the government of Georgia on approval of state program on credit guarantee scheme;
  • The National Bank of Georgia approved Cybersecurity Management Framework for commercial banks;
  • The National Bank of Georgia approved the regulation on net stable funding ratio (NSFR);
  • Tbilisi land use master plan has been approved;
  • New regulations about alcoholic beverages.

Business news:

  • Georgia’s sovereign credit rating has been improved;
  • Double taxation avoidance deal between Georgia and Saudi Arabia becomes effective.

 


EVENTS

 

On June 14, 2019 EU -Georgia Business Council organized Regional Business Forum in Bratislava, titled “Doing Business in Georgia”. General Partners of the event were companies “Gino Holding” and “Polymer 1” and partner was “Hualing Kutaisi Free Industrial Zone”.

Representatives of more than 80 Slovak, Austrian, Polish, Czech and Georgian companies participated in the business forum, mainly from the following sectors – Free Industrial Zone, Banks, Transport Transportation and Logistics, Construction, Energy, Tourism, Agriculture and Business Consulting.

The forum was followed by the economic photo exhibition and B2B meetings, in order to discuss future cooperation between the interested companies.

EUGBC organized the following Business Forum in cooperation with Ministry of Foreign Affairs of Georgia, Georgian Embassies in Slovakia and Austria, Slovak Chamber of Commerce, Georgian Chamber of Commerce and Industry (GCCI) and with the Agency “Enterprise in Georgia”.

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On March 19, 2019 EU-Georgia Business Council organized the next in turn meeting between EU Commissioner for Trade, Ms. Cecilia Malmström with Businesses. 

Attendees were addressed by the Secretary General of the EU-Georgia Business Council, Mr. Zviad Chumburidze, Ambassador of the European Union to Georgia, H.E. Carl Hartzell and Minister of Economy and Sustainable Development of Georgia Giorgi Kobulia.

The meeting was attended by more than 130 participants representing Business sector, Business Support Organizations, as well as Diplomatic Corps accredited in Georgia. Founders of successful and export-oriented Georgian companies spoke about perspectives and challenges for entering the EU Market. The Head of the Regional Representation of the European Investment Bank in South Caucasus, Mr. Maciej Czura, presented technical tools supported by the European Bank for the purpose of strengthening the private sector through effective financing. After the presentations the meeting continued in Q&A mode. During the meeting EU-Georgia Business Council announced about launching of the a new project titled “Georgian Women Winemakers”.

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UPCOMING EVENTS

Council’s Highlights

EUGBC - Member of Investors Council