During the Russia-Ukraine the EU has become a clear example of how substantial reliance on a single country to satisfy energy needs can threaten nations’ economic development, and how challenging the task of achieving energy security is while substantially depending on a single country in key energy products.

The average cost of cooking one standard portion of Imeretian Khachapuri stood at 5.54 GEL in May 2022. This is 5.4% lower month-on-month (compared to April 2022), and 30% higher year-on-year (compared to May 2021).

On 6 June, a Memorandum of Understanding between ISET’s Policy Institute and the SME Development Association (SMEDA) was enacted. The document was signed by Tamar Sulukhia, the ISET and ISET Policy Institute Director, and Grigol Paikidze, Executive Director of SMEDA.

Both Russia and Ukraine are among the top five export destinations for Georgia. Ukraine accounted for 9.5 per cent of Georgia's exports in January 2022, while Russia accounted for 12.9 per cent (prior to the Russian invasion of Ukraine on 24 February 2022).

On June 2, 2022, the International School of Economics at TSU alongside the ISET Policy Institute signed a Memorandum of Understanding with the Georgian Center for Strategy and Development (GCSD).