The political and social turmoil surrounding the 26 October parliamentary elections and their aftermath have significant implications for Georgia's business environment. The prolonged polarization, government-led violence against protesters, and the suspension of EU accession talks create uncertainty that can negatively influence the economic climate in multiple ways.
On Tuesday, 26th November, ISET Policy Institute hosted an insightful seminar by Dr. Christophe Cordonnier, a distinguished international expert in Historical Economics. The event, organized in collaboration with the French Georgian University, took place at ISET in Tbilisi and brought together a diverse audience of academics, students, and professionals.
As advised by the European partners, in order to restore Georgia's trajectory towards EU membership, it is essential for the country to repeal the recently enacted laws concerning "Transparency of Foreign Influence" and "Protection of Family Values and Minors," as well as to adequately implement the nine requirements set forth by the European Commission for granting of EU candidate status to Georgia.
The U.S. presidential election is one of the most consequential global political events, influencing not only internal American policies but also its relationships with countries worldwide. It has far-reaching implications beyond the American citizenry that affect international partners, including Georgia. As a small, strategically located country in the South Caucasus, Georgia’s economy is deeply intertwined with the geopolitical environment and under the support of key allies like the United States.