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Together for Damian! PDF Print E-mail
Wednesday, 02 June 2021 13:13

On April 25,  The Chairman of the International Investors Association of Georgia, Osman Chalishkan Mzhavanadze, attended the morning program on Adjara TV, which was held for Damian and bought pictures on behalf of the Association, thus making a small contribution to Damian's health. We should all stand together and help little Damian.

 
Osman Chalishkan Mzhavanadze, Chairman of the International Investors Association, participated in the program on diagonal cumulation of Adjara TV program "Main Economy " PDF Print E-mail
Wednesday, 02 June 2021 13:07

1. What does the diagonal cumulation agreement mean?

This is an agreement that operates between more than two countries if these countries have a free trade agreement with similar rules of production.

The agreement helps to strengthen economic ties between the two countries.

2. What is the diagonal cumulation agreement?

Enactment of the principle of diagonal cumulation envisages raw materials imported from Turkey

According to the agreement, products made in Georgia on Turkish raw materials will be considered as Georgian products and will be exported to the EU market where they will be presented with the label "Made in Georgia". I would also like to add that the import of raw materials will increase the variety of products produced and companies will be able to move production to Georgia and no longer have to produce in another country.

3. To what types of production will the diagonal cumulation agreement apply?

Most of all, it concerns the import of raw materials needed for textiles, furniture and construction.

4. What raw materials will be imported from Turkey under the cumulation agreement?

Within the framework of this agreement it will be possible to import all kinds of raw materials to Georgia.

5. Who could import these raw materials?  Only Turkish businessmen and Turkish citizens or Georgian businessmen and Georgian citizens?

Both Turkish and Georgian citizens tried to import raw materials, which they thought would restrict the country's investors and establish joint ventures in the future.

 
On March 31, Ziraat Bank of Georgia General Director Omer Aydin paid an introductory visit to the International Investors Association of Georgia PDF Print E-mail
Wednesday, 02 June 2021 13:02

During the meeting, the sides discussed the economic problems created in the background of the pandemic and the ways to solve them, the importance of attracting new investments and the role of mitigation of regulations for the continuation of active economic activity. Turkish Ziraat Bank currently has seven branches in Georgia and plans to open new ones in the future.

 
On March 29, representatives of Guria Express visited the International Investors Association of Georgia PDF Print E-mail
Wednesday, 02 June 2021 12:55

The meeting was introductory in nature, with the parties discussing the difficult situation created by the pandemic, the investment climate and the implementation of new investments. We would like to inform you that Guria Express's field of activity is flour trade, flour production. The company has made an investments of six million dollars in Georgia and plans to make additional investments in the future.

 
On April 2, Hamza Kose, President of the Independent Industrialists' and Businessmen's Association (MUSIAD),paid an honorary visit to the International Investors Association of Georgia PDF Print E-mail
Wednesday, 02 June 2021 12:47

During the meeting, the parties discussed the problems created by the pandemic and ways to solve them, important factors in attracting new investments, such as qualified personnel and tax policy, the importance of the diagonal cumulation agreement. The parties also agreed on joint activities and activities in the future.

 
On March 26, Consul General of the Republic of Turkey in Batumi, Mr. Riza Kagan Yilmaz visited International Investors Association of Georgia PDF Print E-mail
Wednesday, 02 June 2021 12:42

Both parties discussed about the problems being faced due to the pandemic, the friendly and strategic relations between the two countries, the importance of restoring air traffic and jointly planning various important projects. Commercial Attaches Mr. Erdogan and Mr. Feyza Didem DİRLİK SONGUR also attended  the meeting.  Mr. Osman Çalışkan Mzhavanadze, chairman of the Investors Association, shared information about the activities of the Association and member companies and thanked them for their visit.

 
On March 26, the Chairman of the Chamber of Commerce and Industry of the Autonomous Republic of Adjara Mr. Giorgi Romanadze visited International Investors Association of Georgia PDF Print E-mail
Wednesday, 02 June 2021 12:34

During the meeting, the parties discussed the current problems that arose during the pandemic. They discussed the important factors for improving the investment environment and the need to attract new investments in the region, as well as the implementation of joint measures in the future. Along with the main topics of the above-mentioned meeting, the joint involvement and holding of planned exhibitions and similar events was discussed. Osman Chalishkan Mzhavanadze, Chairman of the Investors Association, thanked the guests for visiting the Association.

 
On March 26, Mr. Safar A. Ali-zada, Regional Manager of Socar Gaz Georgia Ajara Autonomous Republic, visited our International Investors Association of Georgia PDF Print E-mail
Wednesday, 02 June 2021 12:29

Mr. Safar A. Ali-zada, Regional Manager of Socar Gaz Georgia Ajara Autonomous Republic, visited our International Investors Associationof Georgia. During the meeting, the parties talked about the problems that have been caused by the pandemic, the arrival of new investments in the country, and the natural gas prices should be suitable conditions. In addition, they sought support for the suitability of natural gas prices for investors and those who will.

 
Next weekly economic digest is released… PDF Print E-mail
Monday, 30 August 2021 11:14

Please check digest No 590

 
Next weekly economic digest is released… PDF Print E-mail
Sunday, 23 May 2021 16:56

Please check digest No 589

 
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