NEWSLETTER

Transcription

NEWSLETTER

NEWSLETTER
January – March 2014
CONTENT
EUGBC Events
EUGBC working lunch with Dirk Schuebel, Head of Division for Eastern Partnership in the EEAS . . . . . . . . . . . . . . . .
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EUGBC Members’ meeting with the State Minister of Georgia for European and Euro-Atlantic Integration . . . . . . .
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EUGBC Members’ meeting with Deputy Minister of Foreign Affairs of Georgia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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Meeting of EUGBC Tbilisi-based Board and Network Committee members . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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EUGBC meeting with EU’s Chief Negotiator on DCFTA with Georgia, Philippe Cuisson . . . . . . . . . . . . . . . . . . . . . . . . . . .
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EUGBC meetings with the Diplomatic Corps
The EUGBC Secretary General meets Greek Ambassador Eleftherios Proios . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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EUGBC meeting with the Ambassador of the United Kingdom to Georgia, Alexandra Hall Hall . . . . . . . . . . . . . . . . . . . .
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Working lunch with EUGBC management and
Swedish businesses in Georgia hosted by the Ambassador of Sweden to Georgia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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EUGBC Board Members’ meeting with German Ambassador to Georgia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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EUGBC meeting with the Ambassador Designate of Georgia to Bulgaria . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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EUGBC Board and Network Committee members’ meeting with
the Ambassador Extraordinary and Plenipotentiary of the Republic of Poland to Georgia . . . . . . . . . . . . . . . . . . . . . . . . .
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EUGBC members’ meeting with the Ambassador of the Republic of Estonia to Georgia . . . . . . . . . . . . . . . . . . . . . . . . . . .
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EUGBC projects
EUGBC Economic Photo Exhibition 2014-2017 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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EUGBC established a permanent Council of Experts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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Visit of senior business representatives from Georgia to Brussels . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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EUGBC Permanent consultations with EU Member States’ Economic Attaches . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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EU–GEORGIA BUSINESS COUNCIL (EUGBC)
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EUGBC and Media
EUGBC Memorandum of Understanding with Rustavi 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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EUGBC Memorandum of Understanding with Interpressnews . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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EUGBC Secretary General’s interview with TV 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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Cooperation with Business Associations
Memorandum of Understanding among EUGBC and other Business Associations and other partners . . . . . . . . . . . . .
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EUGBC Secretary General held a meeting with EBRD Director for Caucasus, Moldova and Belarus . . . . . . . . . . . . . . . .
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Cooperation between European Union and Georgia
EU-Georgia Association Agreement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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International Conference and the Business Forum:
Economic Integration with the European Union - Prospects and Opportunities was held in Tbilisi . . . . . . . . . . . . . . . .
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Prime Minister of Georgia, Mr Irakli Gharibashivili’s official visit in Brussels . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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EU and Georgia signed Financing Agreement envisaging EUR 21 million financial assistance to Georgia . . . . . . . . . .
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Commission launches negotiations with Georgia to join the Energy Community . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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EUGBC Members’ News
Six new members joined EUGBC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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SCPX official launch in Georgia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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TBC Bank Wins Two Awards from EMEA Finance Magazine: Best Bank
in Georgia 2013 and Corporate Social Responsibility Award 2013 in Central and Eastern Europe & CIS . . . . . . . . . .
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TBC Bank Wins Best Bank in Georgia Award 2014 from Global Finance Magazine . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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Georgia Investment Conference in London . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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Oriflame - Introducing THE ONE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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EUGBC Events
EUGBC working lunch with Dirk Schuebel, Head of Division for Eastern
Partnership in the EEAS
On 22 January 2014, EUGBC held a working lunch with Dirk
Schuebel, Head of Division for Eastern Partnership in the
EEAS. The meeting was hosted by the Head of the EU
Delegation to Georgia, Ambassador Philip Dimitrov at his
residence.
Working lunch from the EU side was also attended by
Deputy Head of the Mission, Boris Iarochevitch and other
members of the EU Delegation.
From EUGBC side Secretary General Ambassador Zviad
Chumburidze, Executive Director Tamar Khuntsaria,
Board Vice-Chairman David Lee (Magticom), Board
Members: Giga Chirakadze (UGT), Nika Gvinadze
(Gvinadze & Partners LLC) and EUGBC Member Nikoloz
Khundzagishvili (EFES Brewery in Georgia, JSC LOMISI)
took part in the meeting.
During the meeting parties discussed broad spectrum of
issues. Mr. Schuebel was interested to know business
and political environment in Georgia. The Secretary
General and Board members provided detailed
information. EUGBC members discussed the importance
of signing the Association Agreement with its integral
part – DCFTA, which is the top political priority for the
Government of Georgia.
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EUGBC Members’ meeting with the State Minister of Georgia for
European and Euro-Atlantic Integration
On 7 February 2014, EUGBC organized the Members’ Meeting with the State Minister of Georgia for European
and Euro-Atlantic Integration, Alex Petriashvili. The meeting was hosted by the Information Center for EU and
NATO at the National Parliamentary Library of Georgia.
The Meeting was opened by the Director of the Information Center, Elene Gotsadze and the Secretary General of
EUGBC, Ambassador Zviad Chumburidze. Secretary General welcomed the guests and thanked the State Minister
for meeting with EUGBC members. Mr. Chumburidze informed the audience on the current and planned activities
of the Council. He spoke on the following major projects: Official visit of EUGBC members - representatives of the
business community in Georgia to Brussels; Establishment of the Council of Experts in EUGBC; Economic Photo
Exhibition in Tbilisi and in major cities in Europe; others.
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The State Minister Alex Petriashvili greeted EUGBC members and thanked the Council for offering the dialog with
the business community in Georgia. Mr. Petriashvili spoke about the state of the EU-Georgia Association
Agreement/DCFTA and its anticipated signature in summer.
The State Minister underlined the importance of business involvement in this important political process and
stressed that the prospect of free trade with the EU – one of the largest and predictable world markets – is of vital
importance to Georgia. In addition, Mr. Petriashvili spoke on his recent visits to Brussels and NATO and the
implications of the European and Euro-Atlantic integration for the country and the region as a whole.
The meeting was followed by questions and lively discussion with the invited businesses.
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EUGBC Members’ meeting with Deputy Minister of Foreign Affairs of
Georgia
On 11 March 2014, the Deputy Foreign Minister of Georgia, Ms. Tamar Beruchashvili met the EUGBC members at
the Ministry of Foreign Affairs of Georgia. The meeting was aimed at discussing the state of EU-Georgia
Association Agreement/DCFTA. The meeting was also attended by the Director of the Department for European
Integration of the Ministry of Foreign Affairs, Ms. Tea Akhvlediani and her Deputy Mr. Giorgi Kacharava.
Ms. Beruchashvili provided the representatives of the business circles with the information on the Association
Agreement and trade relations with the EU. The EUGBC Secretary General, Ambassador Zviad Chumburidze
discussed the EUGBC activities including the Georgia businessmen two day visit to Brussels in April and the
meetings they will have with the EU high officials and business circle representatives. It was agreed to have
similar meetings on a regular basis.
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Meeting of EUGBC Tbilisi-based Board and Network Committee
members
On 17 March 2014, EUGBC hosted the meeting of Tbilisi-based Board and network Committee members at the
Tbilisi Office. At the meeting following issues were discussed: The program and the trip plan of the
Businessmen visit to Brussels; EUGBC Seminar on AA/DCFTA themes led by the Council of Experts to be
held in the end of April; State of negotiations with potential members, as well as member attraction
strategy, including the revision of the current membership fees.
EUGBC meeting with EU’s Chief Negotiator on DCFTA with Georgia,
Philippe Cuisson
On 26 March 2014, Philippe Cuisson, Representative of Directorate for Trade of European Commission, Chief
Negotiator on DCFTA with Georgia from EU visited EUGBC office in Tbilisi. The meeting was held on the occasion
of the International Conference “Economic Integration with the European Union Prospects and Opportunities”.
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At the meeting Mr. Cuisson discussed the issues related to the EU-Georgia
Association Agreement/DCFTA together with EUGBC members – senior
representatives of the businesses in Georgia.
Zviad Chumburidze, EUGBC Secretary General opened the meeting and
welcomed the guests. Mr. Chumburidze spoke about the mission, goals and
various projects of EUGBC in particular supporting and deepening EU-Georgia
trade and economic relations.
The meeting was attended by the Ambassador of the European Union to
Georgia, Head of the EU Delegation in Tbilisi, H.E. Philip Dimitrov, First Vice
Chairman of EUGBC Board, Badri Japaridze and Vice Chairman, David Lee. In
addition, around 15 representatives of EUGBC member businesses were
present at the meeting.
The sides spoke about importance of the Association Agreement with its
integral part – DCFTA, and stressed that the AA/DCFTA plays significant role
in EU-Georgia economic relations and notably for the development of
Georgia’s business sector.
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EUGBC meetings with the Diplomatic Corps
The EUGBC Secretary General meets Greek Ambassador Eleftherios
Proios
On 16 January 2014, EUGBC Secretary General, Ambassador Zviad
Chumburidze met with the Ambassador of Greece to Georgia, H.E.
Eleftherios Proios.
The meeting was held in relation to Greece presidency of the
European Union.
During the meeting the parties discussed perspectives of the EUGeorgia partnership and the ways of close cooperation between the
Greek Embassy and EUGBC.
EUGBC meeting with the Ambassador of the United Kingdom to Georgia,
Alexandra Hall Hall
On 30 January 2014, EUGBC organized the members meeting
with the Ambassador of the United Kingdom to Georgia,
Alexandra Hall Hall. The meeting took place at the Embassy
of the UK in Tbilisi.
The meeting was attended by EUGBC Secretary General
Ambassador Zviad Chumburidze, Executive Director Tamar
Khuntsaria. The First Vice Chairman of EUGBC Board, Badri
Japaridze (TBC Bank), Vice Chairman, David Lee (Magticom)
and other members of EUGBC took part in the meeting.
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At the meeting the parties discussed the current state of the EU-Georgia, as well as UK-Georgia relations at the
bilateral level. EUGBC Secretary General informed the Ambassador about the activities and projects of the
Council and introduced to her EUGBC members.
Madam Ambassador spoke on the importance of the Association Agreement to be signed between EU and
Georgia, and also discussed the prospects of trade and economic relations between the EU and the two countries
in particular.
Ms. Hall showed keen interest towards one of the projects of EUGBC – Economic Photo Exhibition and offered
assistance in carrying out the project in London in the end of the current year.
The parties to the meeting agreed on a regular dialogue and continuous partnership.
Working lunch with EUGBC management and Swedish businesses in
Georgia hosted by the Ambassador of Sweden to Georgia
On 3 February 2014, EUGBC management attended a working lunch hosted by
the Ambassador of Sweden to Georgia, H.E. Diana Janse at her residence in
Tbilisi.
On behalf of EUGBC Secretary General Ambassador Zviad Chumburidze,
Executive Director Tamar Khuntsaria and Advisor Valerian Gvalia attended
the meeting. Senior representatives of Swedish business operating in Georgia
also took part in the meeting.
EUGBC Secretary General informed the Ambassador and the invited guests
activities and projects of the Council. The state of the Association Agreement
and the prospect of the EU-Georgia trade were also discussed. In addition,
EUGBC and the representatives of the Swedish businesses envisaged the
possibility of the Council membership.
It was agreed that EUGBC and the Embassy of Sweden will continue active
dialogue and partnership.
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EUGBC Board Members’ meeting with German Ambassador to Georgia
On 12 February 2014, the EUGBC management along with the
staff and the EUGBC Board and Network Committee members
met with the Ambassador of Germany to Georgia H.E. Mr.
Ortwin Hennig. The meeting took place at the German
Embassy premises in Tbilisi.
EUGBC Secretary General Ambassador Zviad Chumburidze
informed German Ambassador on EUGBC plans and activities
for the year 2014. Particular emphasis was made on
implemented the EUGBC project - Economic Photo Exhibition
in one of the major cities in Germany.
EUGBC members engaged in a lively and informative discussion with the Ambassador on the issues related to
EU-Georgia Association Agreement/DCFTA, Georgia’s bilateral partnership and cooperation with Germany,
issues of international political-economic developments affecting Georgia and the region, as well as activities of
the German Embassy in the country. Continuous dialogue and cooperation with EUGBC was agreed.
EUGBC meeting with the Ambassador Designate of Georgia to Bulgaria
On 14 February 2014, EUGBC hosted a meeting of Board and
Network Committee members with the Ambassador Designate
of Georgia to the Republic of Bulgaria, Zurab Beridze.
EUGBC Secretary General, Ambassador Zviad Chumburidze
chaired the meeting. He introduced Mr. Beridze to EUGBC
members and asked the Ambassador Designate to share his
views and plans related to his future service as senior Georgia
diplomat in Bulgaria.
Mr. Beridze informed EUGBC members on the date of his
departure and envisaged plans. He showed particular interest
towards the opinions and needs of Georgian businesses with
respect to Bulgarian market and potential for deepening export.
EUGBC members and Ambassador Designate agreed on further exchange of information and continuous
partnership with Mr. Beridze in his capacity as an Ambassador of Georgia to the Republic of Bulgaria.
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EUGBC Board and Network Committee members’ meeting with the
Ambassador Extraordinary and Plenipotentiary of the Republic of
Poland to Georgia
On 27 February 2014, EUGBC Board and Network Committee members had a meeting with the Ambassador
Extraordinary and Plenipotentiary of the Republic of Poland to Georgia, H. E. Mr. Andrzej Cieszkowski. The
meeting took place at EUGBC office in Tbilisi.
EUGBC Secretary General introduced EUGBC members and briefed Ambassador Cieszkowski on the Council’s
short and long term activities. Ambassador Cieszkowski on his part thanked EUGBC for inviting him at this
interesting meeting and briefly discussed the Polish-Georgian friendly relations.
The Board and Network Committee members inquired to what extent EUGBC could be involved in promoting the
economic ties between the two countries. It was agreed to further explore the options of having the EUGBC
Economic Photo Exhibition organized in Warsaw. The discussion also evolved around the issues related to EUGeorgia Association Agreement/DCFTA and the future perspectives.
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EUGBC members’ meeting with the Ambassador Extraordinary and
Plenipotentiary of the Republic of Estonia to Georgia
On 20 March 2014, the Members of EUGBC met with the Ambassador of the Republic of Estonia to Georgia, H.E.
Priit Turk. The meeting was opened by EUGBC Secretary General, Ambassador Zviad Chumburidze. He welcomed
the Ambassador and thanked him for meeting with EUGBC members at the Council’s office in Tbilisi. Mr.
Chumburidze informed Mr. Turk on the mission and activities of EUGBC. He noted the importance of bilateral
relations between Georgia and Estonia, as well as the role of Estonia in fostering EU-Georgia political and
economic cooperation.
The meeting was attended by First Vice Chairman of EUGBC Board, Badri Japaridze, Second Vice Chairman of
EUGBC Board, David Lee, Executive Director, Tamar Khuntsaria and EUGBC members.
The Estonian Ambassador thanked EUGBC for the opportunity to meet with EUGBC members – representatives
of the business community in Georgia. He discussed several important issues affecting Estonia-Georgia and EUGeorgia relations and provided information on various projects implemented by the Embassy of Estonia in
Georgia. Mr. Turk also spoke about the state and level of business relations between Georgia and Estonia and
thereby expressed willingness and hopes to have the bilateral relations intensified more in the coming years. In
addition, the Ambassador referred to the developments taking place in Ukraine and provided his views of its
possible implications for Georgia and other countries in Europe.
The Ambassador’s presentation was followed by increasing number of questions and lively discussion involving
members and invited guests. The parties agreed to continue cooperation and exchange of information on a
regular basis.
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EUGBC projects
EUGBC Economic Photo Exhibition 2014-2017
One of the primary goals of EUGBC is to support business development and to foster business-to-business ties in
Georgia as well as between Georgia and the EU. There are various ways through which EUGBC pursues and plans
to further uphold the achievement of these objectives. One of the envisioned projects of EUGBC in 2014 is to
increase the visibility of the activities of business in Georgia via introducing EUGBC Economic Photo Exhibition
along with business presentations and mini-expos.
Since January 2014, EUGBC has pursued an active campaign for the Exhibition in its members as well as in a
wider business community. The Council has researched and collected photo materials covering all major
production fields in Georgia with the potential to access the EU market and/or establish partnership with the
European counterparts. The selected photos will be accompanied with a brief description of the
company/business activity.
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The Exhibition will be of a permanent character with a possibility of informational renewal and modification. The
Exhibition is aimed to rotate in various European capitals and at times may also be held in Tbilisi.
EUGBC plans to inaugurate the exhibition in Tbilisi in the beginning of June 2014. Next, the Exhibition will take
place in Brussels and in other major cities in Europe.
The goals of the EUGBC Economic Photo Exhibition are to:
 Draw attention to and recognize the businesses operating in Georgia and their scope of activities;
 Provide opportunity for interested European companies and potential investors to gain insight in the
business climate and investment opportunities that Georgia offers;
 Allow Georgian businesses to introduce their production and export capacity, and envision potential
partnership among the European counterparts.
EUGBC established a permanent Council of Experts
EUGBC created the Council of Experts under the auspices of the Council, which will serve as a permanent
consultative body for business community on the major issues related to the Association Agreement and DCFTA.
The Council of Experts works under the umbrella of EUGBC and supports the Council’s educational and
awareness raising campaign for this specific project and beyond. The Council of Experts perform the following
functions:
 Prepare new EUGBC publications on the themes related to EU-Georgia trade;
 Moderate and guide EUGBC seminars/workshops;
 Engage in EUGBC’s endeavors to raise awareness of Georgian business community on the trade practices and
rules to export to the EU market;
 Help EUGBC in preparing political-economic analysis affecting the EU-Georgia trade and economic relations;
 Consult with EUGBC membership and partners on specific cases related to new regulations as a result of
AA/DCFTA.
At this stage, the Council of Experts involves four members: Mr. Kakha Gogolashvili (Georgian Foundation for
Strategic International Studies), Mrs. Lia Todua (center for Strategic Research and Development of Georgia), Mr.
Vakhtang Kobaladze (Eurasia Partnership Foundation) and Mrs. Nino Chokheli (Economic Prosperity Initiative).
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Visit of senior business representatives from Georgia to Brussels
In order to facilitate involvement of Georgian business community in the EU-Georgia association process and
promote active dialogue between the private sector and EU decision makers, EUGBC organizes an official mission
of the businessmen to Brussels.
Up to 15 senior business representatives from Georgia, members of EUGBC will take part in the mission.
The visit is planned to take place on 6-7 May 2014.
Official meetings of the business community are planned at the European Commission, European Parliament,
European External Action Service (EEAS), Ministry of Foreign Affairs and Foreign Trade of Belgium, and Business
Community. The business visit will be covered by the Georgian media.
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EUGBC Permanent consultations with EU Member States’ Economic
Attaches
In order to maintain close cooperation and uphold a constant exchange of information between EUGBC and EU
Member States’ embassies accredited in Georgia, EUGBC conducts permanent consultation and meetings with
European attaches in charge of political-economic affairs at the accredited embassies in Georgia.
EUGBC management has already held meetings with the economic and political attaches of the following
diplomatic representations:
- The Delegation of the European Union to Georgia
- British Embassy in Georgia
- Embassy of Germany in Georgia
- The Embassy of the Republic of Poland in Tbilisi
- Embassy of Lithuania to Georgia
This partnership also envisions familiarization of the EU embassies in Georgia with the business environment
and potential for export to the EU market. For this purpose, in the scope of this project, EUGBC offers the EU
member states’ economic officers/attaches as well as Ambassadors to visit businesses, enterprises on site and
visualize the production processes and technologies.
The next visits of European diplomats is planned to take place in at the sites of the following companies:
Natakhtari, Sarajishvili and Honey factory – Breti.
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EUGBC and Media
EUGBC Memorandum of Understanding with Rustavi 2
On 18 February 2014, the EUGBC Secretary General, Ambassador Zviad Chumburidze and Director General of the
Broadcasting Company “Rustavi 2” signed a Memorandum of Understanding (MoU) on cooperation between the
EUGBC and “Rustavi 2”. The signing ceremony took place at the EUGBC office in Tbilisi.
The Head of the EU Delegation to Georgia H.E. Ambassador Philip Dimitrov, Vice Chairman of the EUGBC Board
David Lee (Magticom), and other dignitaries attended the signing ceremony.
With the MoU EUGBC offered Rustavi 2 honorary membership in the Council. The document also defined the
cooperation framework between EUGBC and “Rustavi 2” aimed at promoting Georgia’s integration into the
European Union and developing economic relations between the countries of the European Union and Georgia.
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EUGBC Memorandum of Understanding with Interpressnews
In February 2014, EUGBC signed Memorandum of Understanding with news agency - Interpressnews. The
memorandum aims at establishing cooperation between EUGBC and Interpressnews in terms of regular coverage
of the Council events and activities.
EUGBC Secretary General’s interview with TV 3
On 25 February 2014, EUGBC Secretary General,
Ambassador Zviad Chumburide participated in a TV
program “Investor” on Georgian channel TV3.
The “Investor” is a weekly TV program aimed at
discussing different investment opportunities both
in Georgia and from Georgia. The program was
targeted to discussing the Association Agreement
(AA) and Deep and Comprehensive Free Trade
Agreement (DCFTA) with the European Union and
challenges those agreements may bring to Georgia.
Ambassador Chumburidze on his part reviewed the
EUGBC activities and the role it may play on the way
of implementing the DCFTA in partnership with the
public and private sectors.
Some of the EUGBC activities including establishment of the “Council of Experts” on DCFTA issues, making
publications/information bulletins, organizing exhibitions and promoting economic ties through various
activities including organizing the visits of the business representatives to European countries, etc. was also
discussed with the TV3 journalist Mrs. LelaTsiklauri.
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Cooperation with Business Associations and Other
Partners
Memorandum of Understanding among EUGBC and other Business
Associations in Georgia
The EUGBC together with the Business Association of Georgia, US Chamber of Commerce in Georgia, Association
of Banks of Georgia, International Chamber of Commerce in Georgia, Georgian Employers’ Association signs the
Memorandum of Understanding.
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Close cooperation with the government, society, businesses and non-governmental sector is anticipated in the
Memorandum in order to resolve the following four important issues:
 Partial de-criminalization and differentiation of tax-related offences;
 Reform of the investigation department of the Ministry of Finance;
 Development of effective mechanisms for the review of tax disputes;
 Improvement of the mechanism of tax inspection.
EUGBC Secretary General held a meeting with EBRD Director for
Caucasus, Moldova and Belarus
On 21 February 2014, EUGBC Secretary General,
Ambassador Zviad Chumburidze held a meeting with the
EBRD Director for Caucasus, Moldova and Belarus, Bruno
Balvanera.
The Meeting was of a courtesy nature. Ambassador
Chumburidze informed Mr. Balvanera about the EUGBC
activities since the office registration in Tbilisi. Ambassador
Chumburidze also briefed the EBRD team about the
upcoming activities EUGBC plans to carry out in Spring and
beginning of Summer 2014 including the Economic Photo
Exhibition and the Georgian Businessmen’s working visit to
Brussels.
Ambassador Chumburidze and Mr. Balvanera also discussed
the prospects of cooperation between the EUGBC and the
EBRD Tbilisi Office.
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Cooperation between European Union and Georgia
The Association Agreement is aimed at deepening political and economic relations between the EU and Georgia.
It is based on common values and describes the gradual improvements needed in areas such as trade, the
environment, agriculture, tourism, energy, transport, and education to bring Georgia in line with EU standards.
Overall, the process is focused on democracy and the rule of law, human rights good governance, and economic
development.
The Deep and Comprehensive Free Trade Area (DCFTA) is the instrument used to enhance Georgia's trade and
economic growth through bringing its legislation closer to that of the EU. It will also improve remove the existing
barriers on the trade of goods and services with the EU. This will create better opportunities for Georgian
businesses – big and small – to trade with the EU, and for European businesses to invest in Georgia.
Some of the benefits to ordinary Georgians will be: higher quality locally-grown food and other goods; better
business opportunities for all, including small and medium-sized companies; more European investment into
Georgian manufacturing; increased average salaries; better access to improved health services; and energy
savings due to more efficient use of energy resources and the development of renewable energy sources.
For more information on the Association Agreement please view the following links:
EU-Georgia Association Agreement
EU-Georgia Association Agreement Guide (frequently asked questions) in Georgian
Myths about the EU-Georgia Association Agreement (AA) and Deep and Comprehensive Free Trade Area
(DCFTA)
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International Conference and the Business Forum: Economic
Integration with the European Union - Prospects and Opportunities was
held in Tbilisi
International Conference and the Business Forum - "Economic Integration with the European Union – Prospects
and Opportunities" was held in Tbilisi on 27-28 March 2014.
The event was organized by the Office of the State Minister of Georgia on European and Euro-Atlantic
Integration, Ministry of Economy and Sustainable Development of Georgia and the Georgian National Investment
Agency. EUGBC was one of the major partners in the business component of the Conference.
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The aim of the event was to raise awareness among governments and private sectors of the EU and the Eastern
Partnership countries about Georgia's economic policy, business environment and investment opportunities,
increase visibility of successfully implemented reforms in the framework of the Deep and Comprehensive Free
Trade Area Agreement and share experience with partner countries regarding economic reforms and the
economic integration with the EU. Business Forum as integral part of the conference was held on March 28
aiming at facilitating of economic cooperation as well as business to business contacts among the EU and the
Eastern Partnership countries.
Representatives of government agencies and business community of the EU and the EaP, European Commission,
International Financial Institutions, as well as Diplomatic corps accredited in Georgia and experts on European
integration and international trade participated in the event.
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Prime Minister of Georgia, Mr Irakli Gharibashivili’s official visit in
Brussels
On 3-5 February 2014, Prime Minister of Georgia, Irakli Garibashvili paid an official visit in Brussels for talks with
EU and NATO officials.
Mr. Garibashvili and the members of his office held meetings with the President of the European Council Herman
Van Rompuy; President of the European Commission José Manuel Barroso; EU Commissioner for Enlargement
and Neighbourhood Policy Štefan Füle; Commissioner for Home Affairs Cecilia Malmström and Commissioner for
Energy Günther Oettinger. PM Garibashvili also met EU foreign policy chief Catherine Ashton on 5 February. In
addition, he participated in a meeting of the NATO-Georgia Commission and also met NATO Secretary General
Anders Fogh Rasmussen.
For more information on the PM official visit please view the following links:
Remarks by President of the European Council Herman Van Rompuy following his meeting with Prime Minister
of Georgi a Irakli Garibashvili
Remarks by President Barroso following his meeting with Mr Irakli Garibashvili, Prime Minister of Georgia
Meeting of the Commissioner for Enlargement and European Neighbourhood Policy Štefan Füle and Georgian
Prime Minister, Irakli Gharibashvili
25
EU and Georgia signed Financing Agreement envisaging EUR 21 million
financial assistance to Georgia
On 4 March 2014, Alex Petriashvili - State Minister of Georgia on European and Euro-Atlantic Integration and
Stefan Fule – EU Commissioner on Enlargement and European Neighborhood Policy signed Financing Agreement
envisaging EUR 21 million financial assistance to Georgia.
Project aims to improve efficiency, transparency and accountability of public finance policy and management in
Georgia through improving policy and institutional capacity of the Ministry of Finance, the State Audit Office and
the Budget and Finance Committee of the Parliament of Georgia by supporting the implementation of relevant
strategies, policy measures and action plans.
EUR 19 million, out of 21, through tranches, will be directed to the state budget and EUR 2 million will be used for
the Technical Assistance projects in order to enhance capacities of the abovementioned Georgian governmental
institutions.
Project – "Support to Public Finance Policy Reforms (PFPR)" will be implemented under the 2013 Annual Action
Plan of the EU-Georgia National Indicative Programme.
26
Commission launches negotiations with Georgia to join the Energy
Community
On 20 February 2014, the European Commission and Georgia launched negotiations for Georgia's accession to the
Energy Community.
The negotiations in Tbilisi were held in the presence of Energy Commissioner Günther Oettinger, for the European
Commission and Prime Minister Irakli Garibashvili, Vice - Prime Minister as well as Minister of Energy Kakha
Kaladze, for Georgia.
By becoming Member of the Energy Community and implementing EU energy legislation Georgia will have closer
ties with EU's single energy market. This will attract investments and
Increase the financial sustainability of the energy sector.
Energy Commissioner Günther Oettinger said: “Today's negotiations mark Georgia's path towards regional
integration and enhanced energy cooperation with the EU.
Joining the Energy Community will attract investments into Georgia and bring Georgian citizens and businesses
closer to the other members of the Energy Community and the European Union.
”The Director of the Energy Community Secretariat Janez Kopač said: “I am very happy that
Georgia will become a full member of the Energy Community family. The Energy Community has proven to be an
effective tool for supporting reforms in the energy sector and fostering investment.
The opening of the negotiations sends an important signal that Georgia is on its way to develop its energy markets
in a sustainable way”.
The negotiating team exchanged views on a timetable for Georgia to implement key EU rules on electricity and gas
networks, environment, renewable energy, energy efficiency, oil and on energy statistics.
27
EUGBC Members’ News
Six new members joined EUGBC
During 2014-2017, one of the major priorities of EUGBC is to attract new members. Therefore, since January
2014 the Council has been conducting permanent consultations with potential members.
EUGBC is happy to inform that during January-March 2014 following six new members joined the Council:
Asseco Georgia joined EUGBC as Core
Member. Asseco Group specializes in the
production and development of software and
as the largest software house with Polish
capital is proud to successfully compete with
the worldwide market global companies.
As a leader in the Asseco Group, we focus profitable companies in the IT sector. We offer comprehensive,
proprietary IT solutions for all sectors of the economy. For more information please visit http://asseco.com/ge.
Oriflame Georgia joined EUGBC as Corporate
member. Founded in 1967 by two brothers and
their friend, Oriflame is now an international
beauty company selling direct in more than 60
countries worldwide. Its wide portfolio of Swedish,
natural, innovative beauty products are marketed
through a sales force of approximately 3.6 million
independent consultants that are marketing our
products around the globe.
Oriflame offers the leading business opportunity for people who want to start making money from day one and
work towards fulfilling their personal dreams and ambitions through its unique business concept - Make Money
Today and Fulfil Your Dreams Tomorrow. Respect for people and nature underlie the company’s operating
principles and are reflected in its social and environmental policies. Oriflame supports numerous charities
worldwide and is a Co-founder of the World Childhood Foundation. Oriflame Cosmetics is listed on the Nasdaq
OMX Nordic Exchange. For more information please visit http://ge.oriflame.com.
28
KPMG LLC joined EUGBC as Corporate member.
KPMG international operates as a network of
member firms offering audit, tax and advisory
services. We work closely with our clients,
helping them to mitigate risks and grasp
opportunities. Member firms' clients include
business corporations, governments and public
sector agencies and not-for-profit organizations.
They look to KPMG for a consistent standard of service based on high order professional capabilities, industry
insight and local knowledge. For more information please visit www.kpmg.com
Imperial Tobacco joined EUGBC as Corporate member.
Imperial Tobacco is an international fast moving consumer
goods company with a long track record of creating value
for our shareholders. The company focuses on delivering
high quality sustainable sales growth, whilst effectively
managing our costs and cash flows. Realizing the potential
of our total tobacco portfolio, market footprint and people is
critical to delivering the company’s strategy.
Imperial Tobacco sells brands in a diverse spread of international markets. Its global footprint is managed on the
basis of the strategic role of each market rather than its geographic location, with markets prioritizing Growth or
Returns. For more information please visit http://www.imperial-tobacco.com
JTI Caucasus joined EUGBC as Corporate member. JTI is a member of
the Japan Tobacco Group of Companies (JT), a leading international
tobacco product manufacturer. The company was formed in 1999
when Japan Tobacco Inc. acquired the non-US operations of tobacco
company
R.J. Reynolds. The further acquisition of UK-based Gallaher in 2007
nearly doubled the size of JTI by adding 11,000 new employees.
Today, the company has over 27,000 employees and operations in
120 countries. JTI headquarters are in Geneva, Switzerland. The
company’s diverse employee base is made up of over 100
nationalities building careers at JTI that span our worldwide
operations. JTI is a truly international business. For more
information please visit www.jti.com
Mr. Zaza Sengelia, Finance and Administration Manager at LTD “Teomedi” joined EUGBC as Individual Member.
Mr. Shengelia is an experienced finance manager with a consistent track record of successfully employing finance
management practices that improve efficiency of private healthcare companies; A professional with on hand
experience to engage in financial analysis in such areas as forecasting, budgeting, cost adjustment.
29
SCPX official launch in Georgia
To celebrate the commencement of the giant Southern Corridor project, BP in Georgia hosted honorable guests the representatives of the Georgian government, diplomatic missions, international organizations, business and
media at the South Caucasus Pipeline Expansion Project (SCPX) Launch event at the Radisson hotel, Tbilisi, on
the 28th of February.
The Southern Corridor, one of the biggest and most complex projects in the history of energy industry, bringing
gas from Azerbaijan directly to Europe for the first time, involves constructing a huge gas network along with
expanding the South Caucasus Pipeline.
Within the framework of SCPX on the territory of Georgia, it is planned to construct two giant compressor
stations, to make 62km pipeline looping from the Azerbaijan border and 2km pipeline looping at the Turkish
border and to build a metering station at the Turkish border.
30
Gordon Birrell, AGT Regional President addressed the guests highlighting the global importance of the giant
project and the benefit SCPX will bring to ensure “additional gas deliveries to Georgia playing a significant role in
the energy security and diversity of energy supplies.”
“The new Southern Corridor is designed to link the Caspian resources directly with European gas markets. Not
only will it bring increased gas supplies and energy diversity to Europe but also bring benefits to all countries
along the corridor”, said Gordon in his speech.
Talking about the benefits to Georgia, Gordon added: “It is expected to bring the largest single foreign investment
of approximately $2 billion to Georgia contributing to the country’s economic development.”
The other benefits expected from the project for Georgia include approximately $400 million expenditure on
local goods and services and 2000 direct jobs at the peak of construction, with approximately 125 individuals
employed in the longer term.
Kakha Kaladze, Vice Prime Minister and Minister of Energy of Georgia emphasized BP’s great role in creating
energy security for Georgia and talked about the country as a reliable and important strategic partner for
transiting energy resources.
“Georgia plays an important role in delivering the energy resources of the Caspian Sea to the markets of Turkey,
Europe and the world. Seeking the new ways and opportunities for diversification of energy supply represents
the highest priority of Georgia’s energy strategy”, Minister said.
31
TBC Bank Wins Two Awards from EMEA Finance Magazine: Best Bank in
Georgia 2013 and Corporate Social Responsibility Award 2013 in
Central and Eastern Europe & CIS
TBC Bank has been honored with two outstanding awards
from EMEA Finance magazine in its Europe Banking Awards
2013. The Bank was named the Best Bank in Georgia for the
third consecutive year and was also selected for Best
Corporate Social Responsibility (CSR) in the Central and
Eastern Europe & CIS region. TBC Bank is the first Georgian
company to receive regional recognition for its CSR efforts in
these annual awards.
“TBC Bank has a lot to be happy about in its 2013
performance. Its growing loan book is providing valuable
support to local companies and entrepreneurs, and its
dominance in the retail deposits space shows that it remains
a name trusted across the market. With excellent growth in
its profitability as well, it is a worthy winner of our Best Bank
in Georgia award for a third year.
Furthermore, the variety of initiatives launched to help its local communities means we are proud to name TBC
as the first Georgian bank to receive our Corporate Social Responsibility award,” said Tim Burke, Editor, EMEA
Finance.
32
“We are honored to win the prestigious Best Bank in Georgia Award from EMEA Finance for the third
consecutive year. We are especially pleased to receive the award for Best Corporate Social Responsibility within
the wider, CEE & CIS region – the first Georgian company ever to be awarded for achievements in CSR on a
regional scale. This international recognition reinforces our determination to continue delivering outstanding
results, while maintaining our traditional focus on sustainable corporate practices and policies,” commented
Vakhtang Butskhrikidze, CEO, TBC Bank.
EMEA Finance is a bi-monthly magazine focused on the financial markets in Europe, the Middle East and Africa.
The EMEA Finance Europe Banking Awards program is in its sixth year in 2013. This year, TBC Bank was named
a winner among such institutions as Barclays, HSBC, Credit Suisse, Raiffeisen Bank International and Citi.
TBC Bank Wins Best Bank in Georgia Award 2014 from Global Finance
Magazine
TBC Bank has been recognized as one of the World’s Best
Emerging Markets Banks 2014 by Global Finance
Magazine, winning in the “Best Bank in Georgia” category
for the third consecutive year. Global Finance editors
selected winners based on the input from industry
analysts, corporate executives and banking consultants
and the results of the Magazine’s corporate readership
poll. Best banks were assessed against the following
criteria: growth in assets, profitability, strategic
relationships, customer service, competitive pricing, and
innovative products.
“Faced with slowing growth and volatile markets, these banks are star performers under increasingly challenging
conditions,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance. “The banks that Global
Finance is honoring may not be the largest or oldest, but they are the best at targeting their products and
offerings to the specific markets they serve.”
Vakhtang Butskhrikidze, the Chief Executive Officer, commented, “We are deeply honored to win the Best Bank in
Georgia award for the third year in a row. The continued recognition from the Global Finance editorial board and
experts reflect our strong financial performance and longstanding leadership in innovation and customer
experience. This excellent achievement is an important award for the dedication and talent of the entire TBC
Bank team."
This is the twenty-first year the Magazine has named the best banks in emerging markets.
33
Georgia Investment Conference in London
Recent events in Georgia, including changes in
government, regional relations and constitutional
reform, have impacted on the local investment
climate. Gvinadze & Partners, a lead Georgian
business law firm and a long-standing member of
EUGBC, organized a Georgian investment
conference in London in partnership with
Freshfields Bruckhaus Deringer LLP.
The event gave an update on the political and investment climate in Georgia, discussing how the recent changes
in government, regional relations and constitutional reform have impacted on the local investment climate.
Speakers included Tamara Kapanadze, Charge D’Affaires, Embassy of Georgia; Giorgi Pertaia, Head of Georgian
National Investment Agency; Irakli Menabde, Managing Director, Georgian Co-Investment Fund; and Constantine
Partasides and Tomas Vail, Freshfields Bruckhaus Deringer LLP.
Introducing THE ONE
When developing The ONE, we wanted embrace everything you love about Oriflame’s products and then go one
step further. That’s why The ONE is more than just a sensational make-up brand. It is a personal connection to
the exclusive world of fashion with insider content and expert advice. Offering you a complete brand that caters
to all your beauty and fashion needs.
34
What’s new?
The biggest launch in Oriflame’s history, we have unified the best and most necessary products under one new,
complete and versatile brand, and structured them in clear and simple way. Covering everything you need for
different situations – from saving time in the morning routines, to products that last the whole day in the office
and afterwards, to looking fabulous on special occasions.
What’s more?
By also connecting you with top fashion industry experts who share their trade secrets, we can inspire you and
keep you up-to-date with the latest looks and trends. Ensuring you look your best and feel confident in every
situation. Read more about The ONE Collective here.
Product Sub-ranges
Naturally, to cover all your beauty needs and give you an even better make up experience; The ONE features
many products in its range. Therefore, to make simpler for you to shop and sell, we have created three distinct
sub-ranges: High Impact, Everyday Beauty and Long Wear.
Everyday beauty
Range of products that offers you high efficiency for your everyday make-up
routine. All-in-one solutions with the best performance in a most effortless
way.
High impact
Exciting range of innovative and on-trend products creating impressive
confident looks - offers you visibly impactful finishes and remarkable
appearances.
Long wear
High quality formulations developed to last through busy days without the need
to re-apply. Advanced range of products that keep you looking and feeling great
all day.
35
CONTACT US:
EU-GEORGIA BUSINESS COUNCIL (EUGBC)
3, Zandukeli Street
Tbilisi 0108 Georgia
Tel: +995 (32) 2.24.21.14/15/16
[email protected]
www.eugbc.net
____________________________________________________________________________
CORE MEMBERS ______________________________________________________________________
36

NEWSLETTER

Transcription

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