04
August
2015
Oil prices have endured a large and persistent decrease due to increased worldwide production and the weakness of global demand. Prices are soon expected to stabilize around USD 60/barrel. ISET-PI and GET have focused on the improved terms of trade that Georgia could potentially see due to its high share of energy imports compared to its GDP indicators.
04
August
2015
Georgia’s wine industry is heavily dependent on export to CIS countries, especially Russia. Two main short-run risks associated with the Russian market presently affect Georgian wine exports: The possibility that Russia might cancel its free trade agreement with Georgia, and the economic slowdown in Russia which could lead to reduced demand for Georgian wine.
17
July
2015
The first tea bushes appeared in Western Georgia in 1847, and since then tea production has played a significant, yet widely unknown, role in Georgia’s history. The humid and subtropical climate of Western Georgia in the regions of Guria, Samegrelo, Adjara, Imereti, and Abkhazia are ideal for harvesting tea, and this was a fact eventually recognized by businessmen outside Georgia.
30
June
2015
ISET-PI and GET have predicted the potential for Georgia to specialize in the production of energy-intensive goods such as: Aluminum (unwrought, bars and rods, foil), Zinc (Unwrought) and Fertilizer mixtures.
05
June
2015
On Friday, June 5th ISET hosted Loredana Sorg, Mercator Fellow of International Affairs, who gave a presentation titled "The Georgian Hazelnut Value Chain and the Potential of Cooperatives". The objective of the study was to understand how and at which level value is added, to identify critical elements for a competitive hazelnut production in Georgia, and to reflect the potential of cooperatives for the development of the value chain and in particular for organic fair-trade hazelnuts.
