ISET President Eric Livny and head of the Private Sector Development Policy Center Sophiko Skhirtladze held a training session for the staffers of the European Integration, Economic Affairs, and other Committees of the Georgian Parliament regarding the Deep and Comprehensive Free Trade Agreement (DCFTA) with the European Union.

We are proud to announce that Giorgi Bregadze has been promoted to the post of Head of the Research and Planning Department of the Georgian National Tourism Administration. He is now leading a team of three researchers that includes two ISET graduates. Over the past few years, three ISETers had their first work experience under his supervision and then went on to enjoy successful careers in various government organizations.

Looking down from the famous cross-path of the Georgian Military Highway, you will notice a beautiful little lake that was not there six years ago. The lake is a small reservoir that supplies power to the 8 MW Aragvi HPP. On May 19, the ISET community and guests from professional circles in the energy sector heard the story behind this hydropower plant in a seminar entitled “Small Hydropower – what’s special about it and how to implement it?” delivered by Hanness Posch, a civil engineer and entrepreneur working on hydropower projects in Georgia.

On Wednesday, May 18 Hans Timmer, Chief Economist of Europe and Central Asia (ECA) at the World Bank, paid a visit to ISET. He delivered a presentation entitled “Economic Outlook for the South Caucasus”, transmitting the idea that the countries of Europe and Central Asia (ECA), including Georgia, are transitioning to a situation – against the backdrop of a weakening global economy and volatility in international financial markets – which is called 'New Normal' and is characterized by the slow trend growth of global trade, low commodity prices, and less abundant availability of international liquidity.

Having just celebrated its 25th anniversary as an independent state, Georgia remains in a state of revolutionary flux. Just like a box of chocolate, this beautiful country is full of contrasting flavors, never losing the ability to surprise and fascinate at every twist and turn of its history.