News/Press

Project to Enhance Financial Inclusion and Accountability in Georgia, supported by the European Union and the World Bank
The European Union pledges €4.5 million through the Georgia Financial Inclusion and Accountability project, which will be implemented by the World Bank. On 24th May the European Union (EU) and the World Bank launched the Georgia Financial Inclusion and Accountability (FIA) project, at an event held at Tbilisi Marriott Hotel. The project is designed to support ambitious second-generation reforms...
The DCFTA Initiative East Guarantee Facility provides loans for SMEs
Five hundred and ninety loans have been issued for a total amount of €92 million in Georgia, the Republic of Moldova and Ukraine under the DCFTA Initiative East Guarantee Facility which is implemented by the European Investment Bank (EIB) together with the European Investment Fund (EIF), and benefits from financial support from the European Union under the EU4Business Initiative. The first...
Empowering Georgian hazelnut companies to trade more and better
On 18-24 May, a consultant from the International Trade Centre is visiting Georgian hazelnut and dried fruit producers in Tbilisi and Zugdidi to determine and finalise individual strategies for companies to work with buyers from the European Union. A practical training is included as part of the visit. The visit and the training are organised by the International Trade Centre ‘Ready to Trade’...
Tbilisi Art Fair (TAF)
Tbilisi Art Fair (TAF) this year will provide an opportunity to promote contemporary product design in Georgia as one of the directions of industrial design. An exhibition of the Georgian product design will open at the Museum of Modern Art (MoMA Tbilisi) and will run through 19th of May. The exhibition is oganised under the Design Georgia brand with support from Enterprise Georgia, an agency...
Georgian companies at the International Food and Drink Event in London
Five companies from Georgia exhibited their goods and found new buyers at the International Food and Drink Event (IFE) in London on 17-20 March, with support from the International Trade Centre’s Ready to Trade project, funded by the European Union’s EU4Business initiative. Companies presented a variety of products including hazelnuts, juices and teas. Together with Enterprise Georgia, ITC helped...
EFSE’s main target group is micro and small enterprises (MSEs) and low-income households
The European Fund for Southeast Europe (EFSE) has announced the expansion of its fund structure to promote lending in local currencies. Backed by a contribution of €44 million from the European Union’s EU4Business initiative, and €12 million from the German Federal Ministry of Economic Cooperation and Development (BMZ), the new ‘L-shares’ will be used to enhance local currency financing in the...
The Georgian stand at BioFach 2019
Companies from Georgia secured more than €600,000 worth of orders from international buyers at BioFach 2019, the world’s leading trade fair for organic products, in Nuremberg, Germany. The participating companies are beneficiaries of the International Trade Centre’s ‘Eastern Partnership: Ready to Trade’ project, funded by the European Union under its EU4Business initiative, which aims to connect...
Western Georgia Business Forum for SMEs
The Georgian Chamber of Commerce and Industry (GCCI) recently hosted a Western Georgia Business Forum for SMEs at its renovated regional office in Kutaisi, which also houses the local DCFTA Information Centre. Up to 200 SMEs from western regions of Georgia attended the forum , which was organised with the support of the 'SME Development and DCFTA in Georgia' project, funded by the European Union...
Beekeeping in Georgia was among the issues discussed
Sectoral meetings were held last week at the Ministry of Environmental Protection and Agriculture of Georgia on beekeeping and fruit growing and market gardening, in the framework of the EU4Business project 'Georgia on European Way: Creation of Effective Model for DCFTA and SME Strategy Implementation'. The first section of the meeting was dedicated to challenges in the beekeeping sector. During...
The Georgian stand at IGW
Two Georgian honey producers are presenting their products at the International Green Week (IGW), a one-of-a-kind annual international exhibition of the food, agriculture and gardening industries in Berlin on 18-27 January, 2019. Georgia will be featured by a range of products at the fair this year, but it is the first time that European consumers and trade visitors will have a chance to try...