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According to the recent report published by the National Statistics Office of Georgia (Geostat), the value of Foreign Direct Investments (FDI) has gone up to 1.23 million USD, which is 35% decrease compared to 2017. Moreover, the indicator is the lowest in last five years.  The decrease is connected to fewer investments from Georgia’s largest investor countries. …

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The European Union (EU) will spend about two billion euros on the expansion of the railway network in Azerbaijan, Belarus, Georgia, Moldova and Ukraine. This is an integral part of the expansion plan for the Trans-European Transport Network (TEN-T) project, Report informs citing foreign media. It was stated that Azerbaijan and Georgia, located between the Caspian …

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January saw a growth in the import of Georgian wines. Azerbaijan imported 5,790 bottles of wine from Georgia in early 2019, the National Wine Agency of Georgia told Report. This is a two-fold increase compared to January 2018. Last month, Georgia exported 6.25 million bottles of wine to 24 countries, which is 22 percent more than a year …

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