Dmitry Kumsishvili

Georgia's minister gives details on Enguri HPP incident

Georgia's minister gives details on Enguri HPP incident

The accident at Enguri hydroelectric power plant occurred due to the flooding of several sectors of the HPP, the first deputy prime minister of Georgia, minister of Economy and Sustainable Development Dmitry Kumsishvili said. …

Georgia and Israel launch free trade feasibility study

Georgia and Israel launch free trade feasibility study

Georgia’s Economy Minister Dimitry Kumsishvili and the Minister of Economy and Industry of Israel Eli Cohen in Tbilisi signed the declaration on launching the free trade feasibility study between Georgia …

Georgian President and his wife visit UAE

Georgian President and his wife visit UAE

Georgian President Giorgi Margvelashvili is visiting the United Arab Emirates with first lady Maka Chichua and a Georgian delegation to enhance bilateral ties between Georgia and the United Arab Emirates. …

Israel-Georgia trade turnover to reach $1 billion

Israel-Georgia trade turnover to reach $1 billion

Trade turnover between Georgia and Israel will reach $1 billion over the course of the next five years, Georgia’s Economy Minister Dimitry Kumsishvili said at the meeting with the Minister of Economy and Industry of Israel, …

Cause of Gudauri ski-lift accident revealed

Cause of Gudauri ski-lift accident revealed

The reason for the Gudauri ski-lift accident on March 16 was a voltage drop and human error, Georgia’s Economy Minister Dimitry Kumsishvili said at a press-conference. "Based on the records from a memory …

Minsk new specialty store to sell Georgian products

Minsk new specialty store to sell Georgian products

A new store will be opened in Minsk, the capital of Belarus, where only products produced in Georgia will be sold. The store will cover 1200 sq.m. and Georgian wine, mineral water and agricultural products will be sold there. …

Turkey widens free trade agreement with Georgia

Turkey widens free trade agreement with Georgia

Georgia and Turkey have agreed to widen an existing free trade agreement, so Georgian producers will soon be able to increase export volume to Turkey by 20%. The final round of negotiations was held Ankara, where delegations of …

Turkey to build wind power plant in Georgia's Shida Kartli

Turkey to build wind power plant in Georgia's Shida Kartli

Largest Turkish energy holding, Çalık Enerji will build a wind power plant of 50MW capacity in Georgia's Shida Kartli region, Georgia's First Vice Prime Minister, Minister of Economy and Sustainable Development Dmitry …

 Chinese company interested in Anaklia Port project

Chinese company interested in Anaklia Port project

One of China’s largest companies, China Railway International Group, is interested in investing in Georgia’s Anaklia Deep Sea Port project, which is underway on the shores of the Georgian city of Anaklia. The delegation of …

Georgia and China sign deal to develop economic zones

Georgia and China sign deal to develop economic zones

Georgia and China signed a Memorandum of Understanding on developing economic zones and entrepreneurial capacity between the countries. The memorandum was signed by Georgia’s Economy Minister Dimitry Kumsishvili …

Georgia to launch production of Belarusian lifts

Georgia to launch production of Belarusian lifts

Georgia’s Economy Minister Dimitry Kumsishvili and Deputy Prime Minister of Belarus Mikhail Rusyi discussed commercial-economic relations of Georgia and Belarus at the meeting in Tbilisi. …

World Bank and Georgia celebrate 25 years of partnership

World Bank and Georgia celebrate 25 years of partnership

Georgia and the World Bank are celebrating 25 years of partnership today. To mark this occasion Georgia’s Finance Minister Dimitry Kumsishvili hosted the Vice President of the World Bank’s Europe and Central Asia …

IMF Regional Director holds talks in Georgia

IMF Regional Director holds talks in Georgia

Today, Deputy Prime Minister of Georgia, Finance Minister Dmitry Kumsishvili is holding a meeting with the IMF Director of the Middle East and Central Asia Department, Jihad Azour. The leaders discuss ‘’the fund's …