AGP Executive Report
Last update: 2 hours agoUAE Investment: Georgia and the UAE discussed expanding economic ties, investment and joint projects in tourism, logistics, food security and sustainable development. Remittances: Money transfers to Georgia fell 10.1% in September, driven by a drop in transfers from Russia. Russia Trade Risks: Moscow’s restrictions on Georgian drinks and other goods are raising concerns about the impact on exporters, as analysts warn that a wider embargo could hurt business. Trade Growth: Georgia’s foreign trade turnover reached $20.5 billion in January–September, up 9.2% year on year. Agritech: ADB Ventures has made its first investment in Georgia, backing TelAgri to expand its agricultural data services. EU Support: The EU plans €38 million in new projects to support Georgia’s population, while saying it no longer funds the authorities.
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