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Author: Irakli Gagua

What is the future of Georgian-US trade relations?

On October 25 in “Courtyard Meriote” was held a meeting of the American-Georgian Business Council. The parties have issued a memorandum under which issued the certificates of conformity in Georgia can be acknowledged on the U.S. market. How assure the representatives of the Georgian authorities and the business community, this fact will help to design a free trade agreement. 

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Onishchenko vs Borjomi: to be continued

Last week was developed the story with the supply of Georgian products to the Russian market. Apparently, Russia’s leaders have decided to change tactics and return to Russia Georgian brands. However, on a background of political opposition of course it was not without characteristics of official Moscow”quirks.”

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The Georgian-Russian economic relations: the paradox with the real basis

Trade and economic relations are the most paradoxical part of the post-Soviet Russian-Georgian relations. At a time when political relations between the two countries are virtually nonexistent, trade and economic relations since the restoration of Georgia’s independence, in spite of crisis, did not stop.The main ground of these contacts is that even now Georgia is one of the major “exporters” of labor, and Russia is one of the main “importers” of investments in Georgia.

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Russia and Georgia: where is more difficult to conduct business?

To open a business in Russia is needed 30 days. It is 15 times longer than in Georgia, but four times faster than in Botswana, and five times more quickly than in Congo.In the ranking of Doing Business, which each year makes the World Bank, 183 countries are arranged by level of difficulty of doing business. Russia is in 120th place (as the lower rating is, conditions are worse) next to Bangladesh, Costa Rica and Nicaragua. Among the CIS countries is worse than in Russia, to conduct business only in Ukraine, Uzbekistan and Tajikistan.

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Robert Mondavi Estate Auction

Sheldon Good & Company has been hired to hold the auction of the Robert Mondavi Estate. Scheduled for November 16, the former estate of the late wine expert & philanthropist Robert Mondavi will be offered to a new buyer with a minimum bid of $13.9 million. The Estate first came onto the market last May with an asking price of $25 million. The home was designed by California architect Cliff May and includes a 50 foot indoor pool with retractable roof, wine cellar and oddly enough 2 bedrooms.

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