News/Press

DCFTA Information Centre – Achievements in Serving Georgian SMEs
Georgia
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25/06/2019
24 June, 2019, Tbilisi – 6,000 SMEs in Georgia’s regions have been consulted and trained on DCFTA related issues via DCFTA Information Centre services offered by the Georgian Chamber of Commerce and Industry (GCCI). Local entrepreneurs are now better equipped to compete on domestic market and take advantage of the opportunities provided by the free trade area with the EU. Results of the DCFTA...
13-day expert mission to Georgian hazelnut, dried fruit and tea companies
Empowering Georgian hazelnut, dried fruit and tea companies to trade more and better
Georgia
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07/06/2019
From 18-30 May international consultants from the International Trade Centre carried out an expert mission in the Western Part of Georgia, visiting 16 project beneficiary companies from the hazelnut, dried fruit and tea sectors. The visits were organised in the framework of the Ready to Trade project, funded by the European Union under its EU4Business initiative. The intensive 13-day expert...
Georgian ICT Companies Connect with Estonian and Latvian Counterparts in the B2B Exchange Event
Georgian ICT companies connect with Estonian and Latvian counterparts in EU4Business B2B exchange event
Georgia
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05/06/2019
Georgian ICT companies had an opportunity to meet leading counterparts from Estonia and Latvia at an International ICT B2B Exchange event in Tbilisi on 5 June, supported by the Ministry of Economy and Sustainable Development of Georgia and the EU4Business initiative. The event was organised jointly by Georgia’s Innovations and Technology Agency (GITA), Enterprise Georgia, the ‘SME Development and...
Project to Enhance Financial Inclusion and Accountability in Georgia, supported by the European Union and the World Bank
New project to enhance financial inclusion and accountability in Georgia
Georgia
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30/05/2019
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
DCFTA Facility issues 590 loans to SMEs in Georgia, Moldova and Ukraine, supporting over 20,000 jobs
24/05/2019
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
Empowering Georgian hazelnut companies to trade more and better
Georgia
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20/05/2019
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)
A new platform for development of Georgian contemporary product design is launched in TAF 2019
Georgia
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15/05/2019
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
Georgian companies secure $680,000 worth of orders at International Food and Drink Event in London
Georgia
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16/04/2019
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
New EU backing for European Fund for Southeast Europe to boost local currency lending
09/04/2019
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
Georgian organic food producers go global during BioFach 2019
Georgia
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08/03/2019
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...