On July 18, 2017, Mr. Nicola Mariani, managing partner of Dechert Georgia LLC, visited ISET within its Summer School programme and discussed economic reforms, political transition, and development organized by the International School of Economics (ISET).
Georgia is a favorable investment destination, with a simple tax code consisting of six flat taxes and a total tax rate of only 16% on commercial profits that are distributed. Georgia was ranked 16th on the World Banks Ease of Doing Business for 2017 (by contrast, Switzerland is No. 31 and Norway No. 6), and No. 13 on the Bribery Risk Scale of the “Trace”, an International Transparency Rank (Switzerland is No. 16 and Norway No. 5). Georgia has signed an Association Agreement with the EU, is a member of WHO, has ratified the Energy Charter Treaty, and signed the New York Convention.
This year’s ISET’s Summer School was composed of a series of lectures, talks by prominent speakers, and debates on the subject of reforms.
The cost of cooking one standard Imeretian khachapuri in June 2017 averaged 3.34 Gel, which is about 1.5% higher compared to June 2016 (year-on-year), and 1.5% lower compared to the previous month (May 2017).
On 14 July 2017, ENPARD implementing organisation CARE and its partner ISET Policy Institute (ISET-PI), in cooperation with other ENPARD implementing partners (Oxfam, Mercy Corps, People in Need and UNDP Adjara) presented the results of ENPARD Cooperatives Survey, which assesses the performance of EU-supported cooperatives for the period 2014-2016.