business in Caucasus

Georgia lifts several COVID-19 restrictions

The Georgian government has announced the lifting of several coronavirus-related restrictions due to the decrease in daily infections.  Prime Minister Giorgi Gakharia said all public transport around the country will resume …

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Report: Karabakh separatism has no prospects

In post-war period, the Armenian population of Azerbaijan living in the zone of responsibility of the Russian peacekeepers has no alternatives left to full-fledged integration into the Azerbaijani economy: the separatist regime, which has been …

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Kazakhstan’s Trade House to open in Baku

Kazakhstan’s Trade House was registered in Azerbaijan, Director General of the Trade House, Azerbaijani businessman Rufat Rzayev said, according to Kazinform news agency. Among the goals of Kazakhstan’s Trade House is …

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Pandemic hinders investment, Turnava says

The coronavirus pandemic is hindering attracting new investments in the Georgian economy, the head of the country's Ministry of Economic Development, Natia Turnava said. According to her, private companies are looking for land and …

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Coronavirus retreats - shops reopen in Iranian capital

Iran allowed some businesses in the capital and nearby towns to re-open Saturday after weeks of lockdown aimed at containing the worst coronavirus outbreak in the Middle East, CTV News reports. Iran was slow to respond to the pandemic …

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Georgia privatises 38 state-owned assets

Georgian Prime Minister Giorgi Gakharia said that 38 state-owned assets have already been privatised through the '100 investment projects for business' program. Speaking at a government meeting, he noted that …

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Gakharia summarizes 2019 in Georgia

Georgian Prime Minister Giorgi Gakharia has summarised 2019 at the governmental meeting today. He has cited the occupation and jobs as key challenges for the country, adding that the Georgian economy is advancing. …

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Will Pashinyan topple Tsarukyan?

Armenia's State Revenue Committee is demonstrating keen interest in the companies owned by leader of Prosperous Armenia party Gagik Tsarukyan. Vice-chairman of State Revenue Committee Edward …

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Investments in Georgia decreased by 17%

According to the data published by the National Statistics Service, from January to September, the volume of investments in Georgia amounted to $ 908.9 mln, which is 17% less than last year. At the same time, Turkey, Great Britain, USA, …

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