AGP Executive Report
Last update: 9 hours agoEnergy Strategy: Georgia plans to boost electricity production 2.5 times by 2036, adding new HPPs, wind and solar, plus 250 MW of storage and major grid upgrades, with a Black Sea undersea cable and a “Green Corridor” aimed at linking the Caspian, Black Sea and Europe. Macroeconomy: Geostat says Georgia’s real GDP grew 6.9% year-on-year in Q2 2026, with gains led by transport/storage, arts and health services, while construction and agriculture contracted. Finance & Regional Banking: Tbilisi hosted a regional meeting of central bank governors with J.P. Morgan, the World Bank and the Asian Development Bank, focusing on capital markets, reserves management and monetary stability amid volatility. EU & Occupied Regions: The EU invalidated South Ossetia’s “presidential elections,” calling them illegal and warning Russia is moving toward annexation; the UK echoed condemnation. Business & Investment: EU President von der Leyen said the Middle Corridor could attract up to EUR 12bn to cut transit times and triple trade flows by 2030, directly linking South Caucasus and Central Asia to Europe. Real Estate Spotlight: Trump Tower Tbilisi held a global launch celebration for the roughly $2bn Downtown Tbilisi project.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.