News

On July 22, the Banking Association of Georgia organized a meeting between the Investors Council and the representatives of the banking sector.

On 1st of July, 2022, the Investors Council members held a meeting with Mr. Giorgi Danelia, the Director of the Pension Agency; Mr. Goga Melikidze, Chief Investment Officer of the Pension Agency and Mr. Levan Verdzeuli, Deputy Chief Investment Officer of the Pension Agency.

On the 21st of June, 2022, the European Bank for Reconstruction and Development (EBRD) is launching the Feasibility Study for the development of an Electronic Registry for Factoring Contracts.

On 15th of June, the meeting of the Gender Equality Working Group (GEWG) of the Investors Council was held.

We are writing to you, on behalf of the Georgian Investors Council, which brings together the biggest business associations in the country, the International Financial Institutions and the economically-oriented components of the Georgian Government. We want to express our strong support for Georgia’s application for membership to the EU.

Georgia's EU membership bid and the Investors Council's engagement in implemented and ongoing reforms down this path were the key topics of the 17th meeting of the Investors Council chaired by Prime Minister Irakli Garibashvili at the Government Administration on June 7, 2022.

On May 25th, the Institute for Development of Freedom of Information (IDFI), with the support of the USAID Economic Governance Program, held a presentation of the report Assessing the Quality of Public-Private Dialogue in the Drafting Normative Acts - 2020-2021.

On May 13th, the Investors Council Secretariat organized a meeting with Ms. Claudia Salomon, President of the International Chamber of Commerce (ICC) International Court of Arbitration, which was attended by the IC Members and representatives of the Georgian Business Sector.

The Maritime Transport Agency of the Ministry of Economy and Sustainable Development, with the support of the European Bank for Reconstruction and Development (EBRD) and the Investors Council Secretariat, has conducted a feasibility study for the introduction of a Port Community System (PCS) in Georgian ports.

The Investors Council Secretariat published the annotations to the Georgian Law on Entrepreneurs

Following the first Construction Sector Working Group meeting, Investors Council Secretariat started the discussion of the identified challenges with stakeholder authorities.

In order to discuss the current FDI challenges and opportunities in Georgia, as well as the impact of Russia’s war on Ukraine on the Georgian economy, the Investors Council members organized a meeting with Mr. Irakli Nadareishvili, Deputy Minister of Economy and Sustainable Development of Georgia and the representatives of Enterprise Georgia.

On 10th of March 2022, the Investors Council members held an online internal meeting in order to discuss the impact of Russia’s War on Ukraine on the Georgian Economy and understand what new challenges this may bring to the business climate in order to address them and set new targets for upcoming IC activities.

One of the objectives of the Investors Council for the current year is cooperation with the Georgian National Tourism Administration (GNTA) to support the industry’s recovery following the pandemic and its development process.

On March 2, 2022 the Gender Equality Working Group (GEWG) of the Investors Council organized a meeting between Ms. Nino Tsilosani, the Chair of the Permanent Parliamentary Gender Equality Council (GEC) and the IC members.

In February 2022, the Investors Council formed a working group to address obstacles concerning the construction sector, notably to identify challenges in the construction sector’s regulatory framework and propose solutions to ease operating climate for the private sector.

The second meeting of the Gender Equality Working Group (GEWG) of the Investors Council took place on February 25, 2022 through video conferencing.

On December 20, 2021 Investors Council held an online discussion regarding the New Law of Entrepreneurs through video conferencing. The law will enter into force in January 2022.

The first meeting of the Gender Equality Working Group (GEWG) of the Investors Council took place on December 8, 2021 through video conferencing.

Georgia’s investment environment, the impact of COVID-19 on the economy, the vaccination process, and necessary steps to be taken towards attracting FDIs were discussed during the 16th Investors Council Meeting, which was chaired by the Prime Minister Mr. Irakli Garibashvili, at the Government Administration on November 25,2021.