News

The Investors Council is pleased to announce that two Business Associations joined the Investors Council as non-permanent members.

Investors Council works closely with different stakeholders to develop new financial instruments and products, as well as create respective legislative base and digital infrastructure.

The second meeting of the Green Economy Transition Working Group was held on December 22, which was dedicated to the Sustainable Finance Taxonomy developed by the National Bank of Georgia (NBG).

In November 2021, the Gender Equality Working Group has been established, represented by all major business associations and financial institutions in Georgia and is chaired by the Investors Council Secretariat.

On 22nd of November, the Investors Council’s members held an online meeting with Mr. Irakli Nadareishvili, Deputy Minister of Economy and Sustainable Development and Mr. Giorgi Gurgenidze, Head of Capital Market Development and Pension Reform Department at the Ministry of Economy and Sustainable Development.

In October 2022, the ICS established the Green Economy Transition working group. The main objective of the Green Economy Transition working group is to discuss challenges and opportunities related to the Green Economy Transition process in Georgia.

On 17th of November, in “Wyndham Grand Tbilisi” hotel, the Investors Council organized an event to raise awareness on gender equality and women's economic empowerment (WEE) agenda, which was finalized with the declaration signature ceremony.

The Secretariat of the Investors Council (IC) Georgia, supported by the European Bank for Reconstruction and Development (EBRD) and funded by the UK Government’s Good Governance Fund, is pleased to announce a call for applications for two non-permanent (rotating) members.

The 18th meeting of the Investors Council chaired by the Prime Minister Irakli Garibashvili was held at the Government Administration on October 19, 2022.

The Investors Council works closely with the Georgia’s Innovation and Technology Agency (GITA) to support business climate development in the science and education sectors.

On 7th of October, the Investors Council Secretariat hosted the Meeting of the Investors Council’s members with the Head of the National Agency for Sustainable Land Management and Land Use Monitoring- Mr. Giorgi Misheladze.

Twice a year, in order to sum up the activities of six months, the Investors Council Secretariat organizes a semi-annual meeting for the members of the Investors Council.

On 15th of September,2022, the Investors Council’s gender equality working group (GEWG) meeting was held, with the participation of the UN Women’s representative, Ms. Elene Gabelaia, who provided session on women's empowerment principles (WEPS).

The European Bank for Reconstruction and Development (EBRD) together with the Revenue Service of the Ministry of Finance of Georgia, with the support of the Investors Council is starting the project „Application and Integration of Artificial Intelligence in Customs Formalities”, which will identify and implement appropriate software solutions to further automate Georgia’s customs declarations processes.

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.