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Council approves €45 million in financial assistance to Georgia


The Council adopted a decision providing up to €45 million in macro-financial assistance to Georgia. The assistance will help cover Georgia’s financing needs, supporting economic stabilisation and its agenda for structural reforms. Macro-financial assistance is a form of financial aid extended by the EU to partner countries with balance of payments difficulties. It is only available to countries benefiting from support from the IMF. This is the third operation for Georgia since the country’s military conflict with Russia in August 2008…   Read more

EU grants and EBRD finance to boost trade and economic development


The EU and EBRD are extending their support to small and medium-sized enterprises (SMEs) in Georgia, Moldova and Ukraine to a total of almost €1.1 billion in credit lines/trade finance and €58.3 million in EU grants. Through the EU4Business-EBRD Credit line – a joint EBRD/EU programme supported by the EU4Business initiative and active since September 2016 – over 100 Georgian companies have received €60 million in financing so far. Concrete projects under the EU4Business-EBRD Credit line range from investments in machinery to complex programmes, where companies had the opportunity to draw on free technical assistance provided by an international team of experts…  Read more

European Union launches new External Investment Plan in Tbilisi


Following the adoption of its ambitious External Investment Plan (EIP), the European Union (EU) held a regional launch event in Tbilisi on Wednesday 21 March as part of its implementation to boost investments and support more inclusive and sustainable development in the European Neighborhood. Under the EIP, the EU will mobilise a contribution of EUR 4.1 billion (GEL 12 billion) that will leverage up to EUR 44 billion (GEL130 billion) of investments from public and private sector from 2017 to 2020 more than 70 economies around the world, including Georgia and the other Eastern Partnership countries… Read more

Georgian President Meets EU Leaders in Brussels


Georgian President Giorgi Margvelashvili paid a working visit to Brussels on March 8-10 in the scope of which he held a number of meetings with European leaders, and vowed more active government efforts for reducing the growing number of Georgian applications for EU asylum. During the official visit, the Georgian President met with European Council President Donald Tusk. The sides discussed a range of issues, including EU-Georgia relations, situation in Georgia’s occupied territories, and recent developments over the visa-free regime…   Read more

Third wave of the visa free travel awareness campaign launched


Deputy Minister of Foreign Affairs Vakhtang Makharoblishvili, Deputy Minister of Justice Aleksandre Baramidze, Head of the International Relations Department of the Ministry of Internal Affairs Eka Machavariani and Director of the Information Center on NATO and EU Nino Bolkvadze
officially launched the third wave of the visa free travel awareness campaign in Georgia. The invited guests were provided with detailed information on the main aspects of information campaign, ongoing process of visa-free movement, planned legislative amendments to prevent the growth of illegal asylum seekers in the EU/Shengen area and the practice of cooperation with EU / Shengen member states in the field of law enforcement
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The Government of Georgia plans enforcing stricter measures to eliminate challenges facing visa liberalization


To eliminate challenges facing visa liberalization, the Government of Georgia plans to enforce stricter measures. Georgian Prime Minister Giorgi Kvirikashvili held an emergency meeting where together with the relevant ministers he discussed steps to be taken in the nearest future to prevent the numbers of asylum seekers in the EU member states from rising further, lest it undermine visa liberalization. The Government of Georgia pays due attention to the concerns of its partner states and plans to take important steps in terms of enforcing tougher legislation, intensifying cooperation with partner states, and conducting an active information campaign throughout the country…   Read more

The 4th EU-Georgia Association Council meeting


The Association Council welcomed the fact that the local elections in Georgia in October/November respected fundamental freedoms and candidates were able to campaign freely and that although partisan, increasingly free and active media fostered greater political debate, as stated in the OSCE/ODIHR preliminary report. The Association Council welcomed the adoption of the constitutional reform and of the overall positive opinion of the Venice Commission that assessed it as a completion of the evolution of Georgia towards a parliamentary system. The EU reiterated its readiness for close cooperation with the Georgian government to advance the common EU-Georgia bilateral agenda…   Read more