Wednesday, March 4, 2026

PM: Georgia is an attractive investment destination with its legal, business and investment environment

“Despite global uncertainty and regional geopolitical tensions, Georgia has remained a steadfast anchor of peace and stability,” said Georgian Prime Minister Irakli Kobakhidze adressing the panel discussion titled “Georgia – Nexus For Investment,” held as part of the 5th Tbilisi Silk Road Forum.

According to the PM, guided by a clear vision of lasting peace and sustainable progress, the country has advanced along a steady path of development — maintaining macroeconomic stability, achieving impressive growth and demonstrating exceptional economic resilience.

“These achievements are a direct reflection of the government’s guiding vision and strategy: that peace creates predictability, and predictability, in turn, lays the foundation for sustainable economic growth. From 2021 to 2024, our country recorded one of the highest economic growth rates globally, averaging 9.4% annually. Georgia remains on a strong trajectory, with growth projected at 7.2% in 2025, and medium-term growth expected to average 5.1% over the next five years, according to the IMF.

This performance is built upon prudent macroeconomic management and comprehensive structural reforms that ensure both stability and competitiveness. Our reform path is disciplined, predictable and focused on measurable outcomes, fostering continuity and confidence among investors. As a result, Georgia remains an attractive investment destination, with its legal, business and investment environment consistently receiving high marks from leading international rating institutions. Georgia stands out prominently in the World Bank’s Business Ready (B-READY) rankings — 2nd in the Operational Efficiency pillar and 3rd in the Regulatory Framework pillar — highlighting our commitment to streamline business processes and strong regulatory standards.

Additionally, Georgia ranks 6th for taxation, reflecting a highly favorable business and tax environment. According to the 2023 Open Budget Survey (OBS), conducted by the International Budget Partnership (IBP), Georgia got 87 points out of 100 in State Budget Transparency and took 1st place in the world ranking of 125 countries,” he said.

 

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Iranian Ambassador to Georgia – Iran is not a country that can be considered weak or easily perceived as a country that can be...

Iran did not start the war. Both in the summer of 2025 and in the winter of 2026, we were engaged in the negotiation process and suddenly we found ourselves the object of attack, - the Ambassador of the Islamic Republic of Iran to Georgia Seyed Ali Mojani said at the press conference.According to him, the main problem of today's world is that it does not have a correct assessment of the fragile situation in the region."At a time when the war in Ukraine is still ongoing, the lack of a realistic assessment can lead us to a catastrophe. Maritime transportation is disrupted, political crises are taking place in Latin America, a kind of tariff war has begun in the world economy, and in such a situation, the explosion of the Middle East region will cause a kind of domino principle and can spread to many regions. An hour after the attack, the Islamic Republic of Iran took defensive steps. Iran has the right to self-defense, which is determined by the principles of international law and the UN Charter. Immediately after the start of military operations, I had a meeting at the Ministry of Foreign Affairs of Georgia and accordingly informed the leadership of the Ministry of Foreign Affairs. I also stated in the Foreign Ministry that our defense capabilities, our armaments allow us to mobilize our forces and defend the country even in an hour. We defend ourselves and have no desire to create nuclear weapons, nor are we afraid of what might happen if we destroy any American base in any country in the region. When we learned that American bombers were taking off from Kuwait, we decided to bomb that very place. America has misused the territories of our neighboring countries against Iran. The targets of our attacks are not neighboring countries, but American military bases, logistics centers and intelligence facilities located in these neighboring countries. Iran is not a country that can be considered weak or easily perceived that Iran can be brought to its knees by war very soon. We always strive for peaceful coexistence and peace in the region and, first of all, we defend our territory, land and dignity. We are fighting on our territory, and the enemy is outside our borders. Another enemy of Iran is Israel, which dragged America into this war and cost American taxpayers a lot of money. The Israeli regime killed more than 50 thousand civilians, women and children. Yesterday, Netanyahu said that we started the war in such conditions that the birth of a new Shiism and Sunnism is taking place, and this is already a harbinger of a religious war. Three or four weeks may be decisive for Trump, but time does not matter to us, we believe that Trump has found himself in an endless war and has dealt a rather big blow to the world economy. When this war ends, it will cause quite a big change in world geopolitics. I, as a representative of my country, believe that certain ways and mechanisms should be thought out so that the scale of the catastrophe does not increase. Unfortunately, international organizations cannot do anything,” the Iranian ambassador said.As the ambassador noted in response to a question about radiation threats, Iran is also concerned about this issue, and in this context it is important that military operations end."It is natural that the International Atomic Energy Agency is really concerned about the fact that radioactive substances may be released as a result of military operations. Naturally, we are also concerned about this. Accordingly, unfortunately, there have been cases in the past when the agency's inspectors who entered Iran were actually Israeli and American agents and they were passing information to America and Israel, and now if we are convinced that they will actually send inspectors and that no information will be passed on to Israel or America, it will be possible to allow these inspectors to these facilities. In addition, there are no more flights and it will not be easy to bring these experts, so first of all, it is necessary to end these military operations," the Iranian ambassador said.

First Vice Speaker: No visit is without result, steps are being taken to help Georgia survive turbulence

“If Georgia was invited by Anna Paulina Luna, this does not mean that she is alone in Congress. Many people gather at the forums organized by this group,” said the First Vice-Speaker of the Parliament, Gia Volski.According to Volski, Luna represents a broader team that brings together like-minded individuals around issues such as tradition, sovereignty, and security.“If Georgia was invited by Anna Paulina Luna, this does not mean that she is alone in Congress. Many people gather at the forums organized by this group. Our delegation is also there. In addition to participating in the forum, they will hold interesting meetings in Congress and at the State Department. No visit is without result. This visit may drive some into hysterics, but everyone should welcome steps aimed at helping Georgia navigate the current turbulence. If the government is taking such steps, this should not be unacceptable to anyone, except for the ‘National Movement.’ We should welcome anyone who goes to the U.S. or Europe and advocates for maintaining stability for Georgia’s economic development,” Volski stated.

People’s Power: Reset of relations with U.S. underway, any invitation or visit by our delegation to contribute to starting new chapter

“The reset of relations with the U.S. is practically underway. Any invitation and a visit of our delegation will contribute to starting a new chapter,” said Guram Macharashvili, Executive Secretary of the People’s Power party.According to Macharashvili, exchange of visits adds value to relationships and contributes to the reset of relations.“The US Secretary of State directly said that the previous administration has left a very negative legacy in relation to Georgia. Naturally, this will have an impact on the new administration, which has been observing the situation for one year. Exchange of visits will contribute to the reset of relations.The Georgian parliamentary delegation is visiting Washington. The delegation comprises majority MPs Nikoloz Samkharadze, Mariam Lashkhi and Lika Shartava.

Economy Minister participates in 12th Ministerial of SGC Advisory Board

Georgian Minister of Economy and Sustainable Development, Mariam Kvrivishvili, participated in the 12th Ministerial of the Advisory Board of the Southern Gas Corridor (SGC).Azerbaijani President Ilham Aliyev addressed the participants with his opening remarks,Mariam Kvrivishvili focused on the significance of cooperation.“Southern Gas Corridor (SGC) sets the example of what we can achieve with joint efforts. This corridor strengthened energy security and diversification. Georgia is proud of playing a reliable transit country in this process. Georgia has proved to be an active supporter and indispensable participant of the Southern Gas Corridor. It remains committed to a strategic partnership and mutually beneficial cooperation between all parties involved,” she said.Mariam Kvrivishvili emphasized Georgia’s function as a “bridge” in energy diversification.“Natural gas transported through our country is of crucial importance for the diversification of international, and in particular, the European Union, energy markets and for improving security of supply,” she said.Deputy Ministers of Economy and Sustainable Development, Tamar Ioseliani and Gennady Arveladze, and Georgia’s Ambassador to Azerbaijan, Zurab Pataradze, attended the ministerial meeting.

Customs officers, in coordination with MIA officers, prevented the import of 125 liters of a drug – a liquid containing “methamphetamine” at the Sadakhlo...

Within the framework of the joint operational-investigative actions carried out by customs officers of the Revenue Service of the Ministry of Finance and the Central Criminal Police Department of the Ministry of Internal Affairs of Georgia at the "Sadakhlo-Vehicle" customs checkpoint, another successful measure was carried out, namely - the import of a particularly large amount of the drug "methamphetamine" was prevented.As a result of analytical processing of the information, a truck driven by an Iranian citizen, carrying out international transportation, was stopped, and upon detailed inspection of the truck, 125 liters of the drug were found hidden in a homemade additional fuel tank - Liquid containing "methamphetamine".The case materials were transferred to the Ministry of Internal Affairs of Georgia for further response.

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