The IMF mission expects the 2014 economic growth to reach 5%. This growth is supported by stronger consumption, increased private investment and higher exports (largely due to renewed trade relations to Russia). 5% growth rate is projected for 2015 as well. The mission reports that inflation remains low below the 6% target. The account deficit […]

The Ministry of Economy and Sustainable Development has published the Request for Expression of Interest for Development of the Oil Refinery Project Read Poject Details

The Embassy of Georgia hosted a Georgian Independence Day Celebration on June 2nd, 2015 at the Andrew W. Mellon auditorium in Washington, DC.  Hundreds of people showed up for the festivities which included traditional Georgian music, live jazz, and key note addresses from the US Secretary of the Navy, Ray Mabus, and the Director of the […]

Press Release June 12, 2015 Tbilisi Marriott Hotel Schulze Global Investments launches $100 million investment fund in Georgia along with other international institutional investors  On june 12 at 2:00pm at the tbilisi marriott hotel, schulze global investments limited (“schulze global”) will be hosting a signing ceremony to inaugurate a new private equity fund under the name caucasus […]

AGBC Annual Conference DRIVING FDI, SUPPORTING ENTREPRENEURS   THE HONORABLE NICHOLAS BERLINER, DEPUTY CHIEF OF MISSION, EMBASSY OF THE UNITED STATES IN GEORGIA Conference SummaryThe AGBC was very proud to host its 18th Annual Conference. For nearly 20 years the mission of the AGBC has been to drive bi-lateral trade and investment and to improve […]

The AGBC hosted its first ‘Georgia and Evolving Dynamics of the Silk Road’ regional forum at the offices of Baker & McKenzie in Washington, DC. A key note address and update on Georgia’s monetary policy was provided by the President of the National Bank of Georgia, Mr. Koba Gvenetadze. He noted the strength of Georgia’s […]

The America Georgia Business Council (AGBC) hosted its 19th Annual Conference in Washington, DC on Dec 7th 2016. The conference venue was generously donated by the premier global law firm, Baker & McKenzie.  Dr. Mamuka Tsereteli, President of the AGBC, gives opening remarks. Judith Pryor, VP of External Affairs for the Overseas Private Investment Corporation […]

On the path of liberal democratic development, Georgia shows remarkable improvement in international rankings, measuring 16th in the World Bank’s Ease of Doing Business ranking out of 190 countries, 13th in the Economic Freedom Index, published by The Heritage Foundation and 59th out of 139 countries in the Global Competitiveness Index ranked by the Global Economic Forum. Even though significant improvements […]

The board and members of the America–Georgia Business Council wish to express their sadness at the passing of one of the great American supporters of Georgia, Frank P. Greinke.  Frank was an intimate part of the history of post-1990s Georgia, having played a powerful role in its economic, social, and cultural life. The Greinke family […]