Georgia

Azerbaijan, Turkey and Georgia Discuss Simplified Customs Procedures on Middle Corridor
The 5th meeting of the Trilateral Customs Commission was held in Goygol District. The parties signed a protocol on agreements.

Azerbaijan Increases Imports of Georgian Products by 14.2%
In January-August, Azerbaijan imported $124.242 million worth of Georgian-made goods, up 14.2% year-on-year. Azerbaijan accounted for 3.8% of Georgia's exports of local products.

Iranian Airlines Suspend Flights to Georgia Over US Sanctions
From September 21, Iranian carriers blacklisted by OFAC stopped operating flights to Georgia. Georgia's Civil Aviation Agency said it fully complies with the sanctions regime.

PASHA Bank Has No Plans to Buy Banks, Focuses on Azerbaijan-Turkey-Georgia Trade
PASHA Bank Deputy Chairman Bahruz Naghiyev said the bank has no plans to acquire local or foreign banks. Its main strategy is financing trade between Azerbaijan, Turkey and Georgia.

Georgia to Invest $7 Billion in Port Infrastructure
Prime Minister Irakli Kobakhidze announced plans to allocate $7 billion for the development of ports and infrastructure to enhance the country's transit potential.

Tbilisi Home Sales Hit Record 4,503 Apartments in June
June 2026 was one of the most active months in Tbilisi's residential real estate market, with 4,503 apartments sold and a 52.6% year-on-year growth in the primary market.

Azerbaijan-Georgia Trade Turnover Up 43.8%
In January-July, trade turnover between Azerbaijan and Georgia reached $668.5 million, up 43.8% year-on-year.

Foreign Direct Investment in Georgia Up 19.3% in 2025
Foreign direct investment in Georgia reached $1.9 billion in 2025, up 19.3% from the previous year. The UK led as the top investor.

Repsol suspends gasoline supplies to Abkhazia
Georgian oil company Repsol has suspended the pumping of petroleum products to Abkhazia due to criticism from the public and opposition.

Azerbaijan increases gas exports to Georgia by 7.7%
In January-June 2026, Azerbaijan's gas exports to Georgia rose by 7.7% in value terms, reaching $162.6 million.

Georgia and Azerbaijan Discuss Deepening Strategic Partnership
Georgian Prime Minister Irakli Kobakhidze met with Azerbaijani Ambassador Faig Guliyev to discuss cooperation prospects and highlight the significance of signed agreements.

Georgia Extends Tender for Highways to Azerbaijan and Armenia
The deadline for bids on the tender to build four-lane highways linking Georgia with Azerbaijan and Armenia has been extended to August 24.

Azerbaijan Doubles AI-92 Gasoline Exports in First Half
In January-June 2026, Azerbaijan exported 5,365 tons of AI-92 gasoline worth $4.36 million, 2.3 times more in value and 72% more in volume compared to the same period in 2025.

Georgia Advocates Stronger Ties with Azerbaijan and Turkey
Georgian Prime Minister Irakli Kobakhidze stressed the need to strengthen strategic ties with Azerbaijan and Turkey, including regional connectivity.

Black Sea Energy Project Moves to Development Phase
GECO Power and CESI discussed key steps to transition the Black Sea green energy corridor project from feasibility study to development stage.

Electricity restored in Tbilisi, nationwide recovery underway
Electricity supply has been restored in Tbilisi, and a phased restoration is underway across Georgia, according to the Georgian State Electrosystem.

Massive Power Grid Failure in Georgia: Country Left Without Electricity
A complete blackout hit all cities in Georgia, halting the metro and railway. This is the third major outage in two weeks, caused by grid tests.

Georgia and ADB Sign $250 Million Loan Agreement for Tbilisi Bypass Road
Georgia and the Asian Development Bank have signed a $250 million loan agreement to build a bypass road around Tbilisi, aiming to ease traffic congestion in the capital.

SOCAR to Ensure Transit of Kazakh and Turkmen Oil to Kulevi Refinery
Azerbaijan's state oil company SOCAR will organize supplies of Kazakh oil to Georgia's Black Sea Petroleum refinery and is ready to ensure transit of Turkmen oil.

Black Sea Energy Project Moves to Development Phase
The Board of Directors of GECO Power has approved the transition of the Black Sea green energy corridor project to the development phase, including the launch of a second workstream.

Georgia to Make Higher Education Free at State Universities
Prime Minister Irakli Kobakhidze announced the transition to free higher education at state universities, with measures to maintain student motivation.

Anaklia Port Construction: Dredging Begins
The first dredging vessel has entered the waters of the under-construction deep-water port of Anaklia, marking a new phase of the project.

ADB Allocates $250 Million for Construction of Tbilisi Bypass Road
The Asian Development Bank approved a $250 million loan for the construction of an 18.9 km section of the Tbilisi bypass road, improving transport connectivity and reducing congestion in the capital.

Azerbaijan and Georgia Launch Electronic Permit System for Freight Transport
Azerbaijan and Georgia have begun implementing an electronic permit system (E-Permit) for international road freight transport.