About two months ago, the Georgian government announced the introduction of restrictions on wheat imports and their transit by road transport. However, this idea was soon abandoned in the wake of a concerted backlash from a number of stakeholders (including small-scale wheat importers, truck drivers, and flour-milling plants that use road-imported wheat).
Taking care of the environment around us is our collective and individual responsibility. On October 20, a large clean-up event was held in Mtskheta initiated by the International School of Economics (ISET). ISET academic staff and students actively participated in the event. The location was chosen for its touristic importance, as Mtskheta is a place that attracts many visitors every year.
In August 2018, Georgian power plants generated 985 mln. KWh of electricity (a 5% decrease in total generation, compared to the previous year and a 22% decrease with respect to July 2018), while consumption of electricity on the local market was 1,049 mln. kWh (+1% compared to August 2017, and -4% with respect to July 2018).
On May 22, ISET hosted a panel discussion on the importance of properly defining problems, a measure that serves as the first step of impact assessment and existing practices in Georgia. This was the first meeting of a series of RIA evening talks organized in the scope of an EU-funded project, “Legislative Impact Assessment, Drafting, and Representation”.
This year Georgia’s electricity market will have to go through some crucial reforms. The signing of the Association Agreement and Georgia’s accession to the energy community in October 2016 imposed some important obligations on the country to reform its energy markets. For the electricity market, 2018 will be a turning point.