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Thursday, February 7 2008, #025 (1541)

EU leaders offer support at Tbilisi conference

Top EU representatives joined Georgian government leaders on February 5–6 at a Tbilisi conference to discuss the country’s European Neighborhood Policy action plan, offering broad assessments of Georgia’s progress and promises of more European integration to come. (more)

Kazakhstani company buys Batumi oil terminal and port

Greenoak Holdings announced February 5 it has sold the Batumi oil terminal and management rights to Batumi port to the state oil company of Kazakhstan, but continues to manage the facilities for now. (more)

Mixed messages out of government-opposition talks

The government and the opposition gave conflicting accounts yesterday of talks to resolve the current political uncertainty. (more)

News in Brief

Words of the Day

Trade turnover with Russia on the decline

Russia accounted for only 9.8 percent of Georgia’s foreign trade in 2007, down 3.9 percent on 2006 figures, according to the state Statistics Department. Georgia exported USD 53 million worth of goods to Russia last year, while Russian exports to Georgia increased in value to USD 578.8 million. (more)

Armenian businesses unhappy with ferry routes

Arsen Kazaryan, chair of Union of Industrialists and Entrepreneurs of Armenia, recently said that the new Kavkaz–Poti ferry route has failed to offer real competition to Armenia’s other major Black Sea connection to Russia, the Ukrainian-run Ilichevsk–Poti ferry route. (more)

Azerbaijan self-sufficient in electricity

Azerbaijan generates 73–74 million kilowatt hours daily, according to vice president of energy company Azerenerji Marlen Askerov. (more)

Press Scanner

“The Ossetians support Medvedev” (more)

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