The News in Brief
Wednesday, February 20
Georgia’s external trade increases in January 2019
In January 2019 the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 826.8 million, which is 1.2 percent higher compared to the same month of the last year, the Georgian National Statistics Office says.
The exports equaled USD 238.8 million (7.2 percent higher), while the imports stood at USD 588.0 million (1.1 percent lower).
In January 2019 the exports from Georgia to the EU countries amounted to USD 59.7 million (7.0 percent lower compared to January 2018) and constituted 25.0 percent of total exports, while the imports amounted to USD 139.5 million (6.4 percent lower) with 23.7 percent in total imports.
“The external trade turnover of Georgia with the EU countries amounted to USD 199.2 million, showing a 6.5 percent decrease compared to same period of the last year,” the office says.
In January 2019 the exports to the CIS countries stood at USD 125.4 million (55.2 percent higher compared to the January 2018) and reached 52.5 percent of total exports, while the imports equaled USD 168.9 million (23.8 percent lower) with 28.7 percent in total import.
The trade turnover with the CIS countries totaled USD 294.3 million (lower by 2.6 percent).
In January 2019 the share of the top ten trading partners by exports in the total exports of Georgia amounted to 77.1 percent.
The top partners were Russia (USD 39.2 million), Azerbaijan (USD 34.5 million) and Romania (USD 28.1 million).
TBC Bank case may be discussed in parliament
The TBC-bank related controversial case, where the law enforcers are investigating the supposed money laundering involving top TBC figures in 2007-2008 may be discussed in parliament.
“It is legitimate to ask why the investigation was launched into what happened 11 years ago and this question should be answered, -Mamuka Mdinaradze, one of the leaders of the ruling party says.
Mdinaradze said that it is important that the process is transparent and all questions are answered.
"It is a fact that the government has no interest in this process. In case of necessity and desire, this issue may be discussed in the relevant parliamentary committee," Mdinaradze said.
(By Messenger Staff)
In January 2019 the external merchandise trade (excluding non-declared trade) of Georgia amounted to USD 826.8 million, which is 1.2 percent higher compared to the same month of the last year, the Georgian National Statistics Office says.
The exports equaled USD 238.8 million (7.2 percent higher), while the imports stood at USD 588.0 million (1.1 percent lower).
In January 2019 the exports from Georgia to the EU countries amounted to USD 59.7 million (7.0 percent lower compared to January 2018) and constituted 25.0 percent of total exports, while the imports amounted to USD 139.5 million (6.4 percent lower) with 23.7 percent in total imports.
“The external trade turnover of Georgia with the EU countries amounted to USD 199.2 million, showing a 6.5 percent decrease compared to same period of the last year,” the office says.
In January 2019 the exports to the CIS countries stood at USD 125.4 million (55.2 percent higher compared to the January 2018) and reached 52.5 percent of total exports, while the imports equaled USD 168.9 million (23.8 percent lower) with 28.7 percent in total import.
The trade turnover with the CIS countries totaled USD 294.3 million (lower by 2.6 percent).
In January 2019 the share of the top ten trading partners by exports in the total exports of Georgia amounted to 77.1 percent.
The top partners were Russia (USD 39.2 million), Azerbaijan (USD 34.5 million) and Romania (USD 28.1 million).
TBC Bank case may be discussed in parliament
The TBC-bank related controversial case, where the law enforcers are investigating the supposed money laundering involving top TBC figures in 2007-2008 may be discussed in parliament.
“It is legitimate to ask why the investigation was launched into what happened 11 years ago and this question should be answered, -Mamuka Mdinaradze, one of the leaders of the ruling party says.
Mdinaradze said that it is important that the process is transparent and all questions are answered.
"It is a fact that the government has no interest in this process. In case of necessity and desire, this issue may be discussed in the relevant parliamentary committee," Mdinaradze said.
(By Messenger Staff)