Georgia has dramatically simplified licensing and permitting requirements to ease constraints on business. The  total number  of  licenses  and  permits was reduced by 84% in reforms that eliminated 756 licenses and permits and streamlined procedures. Currently, licenses and permits are only used for the production of highly risky goods and services, along with usage …

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Price of raw tea was around 2.50 GEL / kg. in 2016. As of June 2017, the following products were presented on the market: 25-100 packages of teabags, 50-75-100-grams of loose tea packs. Assortment of black tea is bigger than green tea. Assortment of teabags is bigger than loose tea packs (the number of leaf tea is the smallest). Black tea is the best selling tea, than the green tea. Loose tea packs are the best selling items after the teabags. Number of Georgian and foreign producers are approximately the same. The varieties of tea produced by foreign producers are presented in more shops than Georgian ones. 

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The EU and Georgia signed an Association Agreement on 27 June 2014. It has entered into force since 1 July 2016. The agreement introduces a preferential trade regime – the Deep and Comprehensive Free Trade Area (DCFTA). This regime increases market access between the EU and Georgia based on having better-matched regulations. Government …

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3,978,657 international tourists entered Georgia in January-July 2017, and the total number of domestic visitors has made up around 3 million in the first quarter of the year. In total, 1,927 accommodation facilities for tourists and internal visitors were operating by the end of July 2017 with 26,869 rooms and 65,124 beds. 45 new hotels have been opened in Georgia in the first seven months of 2017, and 201 hotels have been under construction...Number of hotels opened in the first seven months of 2017 according to the regions is as follows:

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The population of Georgia (except for residents living in the occupied territories) is 3,718,200 people by January 1, 2017. 57.2% of the population (2,128,600) live in urban settlement and 42.8% (1,589,600) in rural settlement. The number of male is 1,781,500 (47.9% of the population), while female - 1,936,700 (52.1% of the population).The share of young people (0-14 age group) constitutes 19.5% of the total population, and the share of working-age population (age group of 15-64 years) is 66.1%.

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Total amount of sheep and goats at the end of 2016 was 936,500 heads. Among them sheep number made up 875,900 heads, goats – 60,600 heads. Among the other regions Kakheti is a leader as per sheep and goats quantity (sheep – 55%, goats – 38,4%). Average price of slaughter meat produced in Georgia was 9.99 GEL/kg at “Fermiskari” in 2016, average consumption price made up 11.85 GEL/kg.

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Due to results of survey carried out by National Statistics Office of Georgia 211 economic facilities occupied by organizing markets and fairs were functioning in Georgia in 2016, 29,4% of which are placed in Tbilisi, 21,8% - in Imereti, 12,3 % - in Samegrelo-Zemo Svaneti region, 11,4% - in Kakheti region, 8,1% - in Kvemo Kartli, 5,2% - in Adjara, 4,3% - in Shida Kartli, 2,8% - in Samtskhe-Javakheti, 1,9% - in Guria, 1,9% - in Mtskheta-Mtianeti and 0,9% - in Racha-Lechkhumi and Kvemo Svaneti regions.

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The EU and Georgia signed an Association Agreement on 27 June 2014. It has entered into force since 1 July 2016. The agreement introduces a preferential trade regime – the Deep and Comprehensive Free Trade Area (DCFTA). This regime increases market access between the EU and Georgia based on having better-matched regulations. Trade …

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Based on the data of September 1, 2017, there are 664,057 registered business entities in Georgia, out of which only 173,629 are active. The economic unit is active if it meets one of the following criterias: Turnover > 0 (VAT, income and other declarations) Number of Employees > 0 (VAT, income …

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Georgia has improved all components included in the Global Competitiveness Index and reflected it in the Macroeconomic Environment. One of the main progress Georgia made from 2012 to 2016 in Macroeconomic Development ranking side was improvement in Government Budget Balance as % of GDP and as a result country took 45th position compared to 87th position. Monetary freedom is part of the index of economic freedom and the development in this field should also be underlined.

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