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Arrangement of Trading Grounds for COVERED BONDS Starts

gbc.ge news - Fri, 12/14/2018 - 17:43
Tbilisi (GBC) - Giorgi Laliashvili announces launch of legislative activity on the arrangement of COVERED BOND's trading ground.

General Contractor of Anaklia Port will be Named in January

gbc.ge news - Fri, 12/14/2018 - 17:31
Tbilisi (GBC) - The first year of successfully completed construction, - "Anaklia Development Consortium" and "Anaklia City" summarized the first year works.

Telavi Municipality Tells Opposition to Move the Inauguration Protest

Civil.Ge Daily News - Fri, 12/14/2018 - 16:51

The Telavi Municipality has asked the United Opposition, a coalition of eleven political parties led by the United National Movement, to move their protest rally, scheduled during the inauguration of the President-elect, Salome Zurabishvili to an alternative location.

The inauguration is planned to take place in Telavi, on December 16. The United Opposition called its supporters to rally in protest so that the government “once again hears the voice of furious voters.”

Commenting on the issue, Telavi Mayor Shota Nareklishvili said that “since a lot of foreign delegations will be attending the inauguration, and the suggested area of the rally is where these delegations will be moving, we have offered the opposition an alternative place for their rally.”

The opposition has refused, with UNM’s political council member Giorgi Botkoveli saying the  opposition would hold the rally at the location they intended, and that it was not within the purview of the Telavi Municipality to decide upon this issue.

He then addressed the City Hall “to protect the right of peaceful citizens to express protest [in a rally] that will be entirely civilized.”

The United Opposition voiced its decision to hold a peaceful protest rally on December 12 after the government rejected their “compromising proposals” and “conclusions of international organizations and observers.”

m2 to Issue Bonds Secured with Commercial Spaces

gbc.ge news - Fri, 12/14/2018 - 16:35
Tbilisi (GBC) - The largest developer company m2 announces issuance of bonds secured with commercial spaces.

CEC Approves Second Round Vote Tally

Civil.Ge Daily News - Fri, 12/14/2018 - 15:38

The Central Election Commission (CEC) approved on December 14 the final vote tally of the second round of presidential elections.

According to the CEC protocol, 1,988,787 voters turned out at polling stations on November 28, out of 3,528,658 registered voters. 59,778 ballots were annulled, a much higher figure than in the first round of presidential elections (53,847).

The final election result is as follows:

  • Salome Zurabishvili, independent/ruling party-backed – 1,147,701 votes (59.52%);
  • Grigol Vashadze, opposition coalition led by the United National Movement – 780,680 votes (40.48%).

On November 28, Georgians went to the polls to elect their fifth president, replacing incumbent President Giorgi Margvelashvili, who has been in office since October, 2013.

The inauguration of President-elect, Salome Zurabishvili is planned in a eastern Georgian town of Telavi on December 16. Simultaneously, the opposition coalition plans to hold a protest rally.

Former Marneuli Mayor Released on Bail

Civil.Ge Daily News - Fri, 12/14/2018 - 14:45

The court in Marneuli ruled on December 13 to release on GEL 10,000 bail the former Mayor of Marneuli, Temur Abazov, who was arrested in June 2018 on charges of inhuman and degrading treatment of a local resident.

The prosecutor’s office told Civil.ge on Friday that since all witnesses had been interrogated, there was no threat of pressure.

Commenting on the court ruling, Temur Abazov said he was “a victim of dirty provocation,” and that he would file a lawsuit for “slander.”

Abazov has been suspended from office pending the trial. His deputy, Zaur Tabatadze has been appointed as Acting Mayor.

Temur Abazov was arrested on charges of inhuman and degrading treatment of a local resident on June 13. Later the court sentenced him to pretrial detention.

The arrest came a day after Tbilisi-based Studio Monitor published a story showing a video of Alakhvediev compelled to apologize for verbally insulting the ruling party founder and leader Bidzina Ivanishvili and Marneuli Mayor Temur Abazov at one of the recent solidarity rallies in Tbilisi. Another video, obtained by Studio Monitor, showed Alakhvediev forced to wipe his face with what seemed to be his urine.

The Volume of Remittances Increased

gbc.ge news - Fri, 12/14/2018 - 13:42
Tbilisi (GBC) – The volume of remittances increased in the country within November.

10 MLN to be Invested in the Development of Chateau Mukhrani until 2022

gbc.ge news - Fri, 12/14/2018 - 13:14
Tbilisi (GBC) – Investment of 10 million GEL will be invested in the development of Chateau Mukhrani until 2022.

GEL Strengthening Reduced Foreign Debt of Georgia by 50 MLN in November

gbc.ge news - Fri, 12/14/2018 - 12:40
Tbilisi (GBC) – Foreign debt of Georgian increased merely by 6 million in November.

Ivanishvili Plans to Spend 717 million to Support Tourism Development

gbc.ge news - Fri, 12/14/2018 - 12:27
Tbilisi (GBC) – The fund of the founder of Georgian ruling party plans to invest 717 million USD in the Tourism Development.

Local Tourists Reduced Monthly Expenditures in Q3

gbc.ge news - Fri, 12/14/2018 - 12:26
Tbilisi (GBC) – Local tourists declined monthly expenditures in Q3.

Transit Movement will Begin on the Lapel Lazuli Route

gbc.ge news - Fri, 12/14/2018 - 12:23
Tbilisi (GBC) - Transit movement will start from Afghanistan to the territory of Georgia.

EIFL looks forward to an exciting 2019 at WIPO

Teresa Hackett, EIFL Copyright and Libraries Programme Manager, attended the 37th meeting of the WIPO Standing Committee on Copyright and Related Rights (SCCR), the global body that sets international copyright law and policy, that took place in Geneva from 26 - 30 November 2018.

Japaridze: FM and KFW joined Anaklia Port Project

gbc.ge news - Thu, 12/13/2018 - 20:06
Tbilisi (GBC) - 400 million out of 550 million for construction of the Anaklia Port is already mobilized at the first phase, - Badri Japaridze, co-founder of Anaklia Development Consortium declared to GM.GE.

Basis Bank Increased Portfolio of Business Loans

gbc.ge news - Thu, 12/13/2018 - 17:57
Tbilisi (GBC) – Basis Bank increased portfolio of business loans.

Company NOVA opened Plant of Building Materials

gbc.ge news - Thu, 12/13/2018 - 17:47
Tbilisi (GBC) – Company Nova opened plant of building materials and warehouse.

46th Round of Geneva International Discussions

Civil.Ge Daily News - Thu, 12/13/2018 - 17:45

The 46th round of the Geneva International Discussions (GID) – the multilateral forum to address security and humanitarian consequences of the Russo-Georgian War of August 2008 – was held on December 11-12.

Key takeways:

  • Participants from Tskhinvali agree to resume IPRM in Ergneti. No progress on Gali IPRM;
  • Russian participants criticize NATO engagement in Georgia, repeat Lugar Lab accusations;
  • Moscow, Tskhinvali and Sukhumi representatives walk out from the session on IDPs.
The GID are co-chaired by representatives of OSCE, EU and UN, and involve participants from Georgia, Russia and the United States, as well as members of both the Georgian exiled administrations of Abkhazia and Tskhinvali Region/South Ossetia and the two regions’ Russian-backed authorities. Sessions are held in two working groups, with the first group discussing peace and security matters, and the second – humanitarian concerns.

Positions taken: Georgia

The Georgian Ministry of Foreign Affairs (MFA) issued a statement regarding the December 11-12 negotiations, saying Georgia’s main points were concerning the necessity to find a solution to humanitarian problems of the conflict-affected population.

The MFA said in its statement, that the Georgian participants spoke of the “grave consequences” of Russian Federation’s “illegal occupation and factual annexation” of Abkhazia and Tskhinvali Region/South Ossetia on local population, as well as the process of ongoing militarization, including frequent military drills as well as the cases of violation of Georgia’s airspace.

Tbilisi also denounced illegal marking of the occupation line with artificial barriers close to the Atotsi village in the Kareli municipality, southwest of Tskhinvali. Special focus was made on the need to investigate deaths of Archil TatunashviliGiga Otkhozoria and Davit Basharuli, and the need for “restoring justice” in these cases.

According to MFA, Russia’s responsibility, “as the power exercising effective control in the occupied territories,” was emphasized in cases of human rights violations, which among others include: restriction of free movement, restrictions imposed on schooling in Georgian language, violation of property and other fundamental rights, as well as ethnic discrimination in Georgian-populated Gali and Akhalgori districts.

“It was underscored that the existing discriminatory restrictions and, consequent grave socio-economic situation lays ground for yet another wave of ethnic cleansing,” the statement reads.

The MFA added that it was not possible to discuss one of the main issues concerning the return of refugees and internally displaced persons from Abkhazia and Tskhinvali regions, due to “destructive approach” of participants from Moscow, Sokhumi and Tskhinvali, who left the negotiations room “to avoid discussion on the issue.”

According to the MFA, “the co-chairs and co-moderators from EU, UN and OSCE, as well as representatives of United States were unanimous on the necessity of holding discussions on improve security, humanitarian and human rights situation on the ground.”

Lasha Darsalia, newly appointed Deputy Foreign Minister has led the Georgian team for the first time  at the GID, although he has previously participated in the process as the Deputy State Minster for Reconciliation and Civic Equality.

Positions taken: Russia, Tskhinvali, Sokhumi

The December 12 statement of the Russian Foreign Ministry (MID) said, “all” of GID participants “except of Georgia” assessed the situation “in the border areas” as “stable overall.” According to the Ministry, the statistics confirms there were no serious problems with freedom of movement along the occupation line, and that the number of cases “does not exceed the average.”

The MID added that the participants welcomed the decision of Tskhinvali to resume participation in Incident Prevention and Response Mechanisms (IPRMs). “The Russian side called for the co-chairs to contribute to forming balanced and depoliticized agenda of these meetings,” MID said, adding that “the future of another IPRM, in Gal, depends on this to great extent as well.”

The Russian statement also said that discussions concerning the possibility of an agreement on non-use of force were also “stark,” and the opinions have diverged.

“Russian, Abkhazian and South Ossetian delegations once again emphasized that military actions of the United States and NATO on Georgia’s territory pose the main challenge to the regional security, including the plans of Washington and Tbilisi to modernize a military airport in Vaziani, as well as to hold more large-scale multi-national exercises in 2019,” MID said, urging Georgia to “stop channeling someone else’s interests, and instead try to improve relations with its neighbors.”

MID also denounced the recent statements of the NATO Secretary General and U.S. Secretary of State in support of Georgia’s NATO membership, saying that “precisely such irresponsible promises in August 2008 have pushed Tbilisi into a criminal military adventure.”

They once again expressed mistrust for the Richard Lugar Center for Public Health Research, a Tbilisi-based biological research facility that has been a target of Russia’s recent bio-warfare allegations.

Tskhinvali and Sokhumi echoed the Russian Foreign Ministry’s messages, and expressed their concerns on Georgia’s cooperation with NATO and U.S. The Abkhaz participants also stressed, that their position on restoring IPRM in Gali “remains unchanged.”

GID co-chair assessments

The GID co-chairs issued their own press communiqué, saying the discussions “took place yesterday in a business-like and respectful atmosphere.”

They said, co-chairs and participants “assessed the overall security situation on the ground as relatively calm and stable,” and highlighted the importance of IPRMs “over the past years in addressing security-related issues.” “In this context, the Co-Chairs urged participants to resume the regular meetings of IPRMs, in Ergneti and Gali, without delay,” the statement reads.

“Treat perceptions were addressed in detail from different angles and increased transparency was encouraged by the Co-Chairs,” it also says, noting that “the participants reaffirmed their commitment to the principle of non-use of force, agreed to continue discussions on this issue in a comprehensive manner and new proposals were welcomed in this regard.”

Reviewing the overall humanitarian situation on the ground, the participants discussed in particular issues relating to missing persons, freedom of movement, healthcare, documentation, education, livelihoods and environmental concerns. “Unfortunately, some participants walked out before the issue of IDPs/refugees could be addressed,” the co-chairs said, calling for participants “to engage constructively on all agenda items,”

An information session on the topic of “Women, Peace and Security” also took place on the eve of this round, which was welcomed by the participants.

The next round of the GID is scheduled for April 2-3, 2019.

Write-up of the previous round of the Geneva International Discussions can be found here.

Batumi Port: safe products will enter the new terminal - organic mineral fertilizer

gbc.ge news - Thu, 12/13/2018 - 17:39
Tbilisi (GBC) - Construction of terminal for the organic fertilizer is planned in Batumi Port, - Ilias Mukatov, commercial director of the Port made the explanation linked to the construction of a new terminal.

Silk Road Bank Increased Portfolio

gbc.ge news - Thu, 12/13/2018 - 17:30
Tbilisi (GBC) – Silk Road Bank increased portfolio up to 18.7 million GEL within a month (01.12.2018), however the figure was 17.7 million in Q3/2018.

Small Supermarkets to be Opened under Carrefour's Brand

gbc.ge news - Thu, 12/13/2018 - 17:29
Tbilisi (GBC) - Small-scale supermarkets might be opened under Carrefour’s brand, - Majid Al Futtaim Hypermarket Georgia, owner of brand franchise, announces the plan to use this segment.
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