Despite the positive dynamics in June, a slight decline is recorded in the tourism sector in the first half of this year. In particular, in the first half of 2026, tourism receipts totaled $2 billion, which is 0.2% less than in the same period last year.As for expectations, according to the investment bank’s forecast, the sector will return to growth - tourism revenues will reach $4.9 billion in 2026, and $5.3 billion by 2027.The review also focuses on official statistics from the National Bank of Georgia. According to the National Bank, in June 2026, official international reserves increased by 51.9% year-on-year and reached a new record level of $7.1 billion.Compared to the previous month (May), reserves increased by 1.7% in June, which means an increase of $115.8 million in absolute terms.“The change in reserves is related to foreign exchange operations of the government and/or the banking sector, as well as the purchase of foreign exchange by the NBG using the BMatch platform (information will be available on July 27). It is worth noting that as of June 2026, monetary gold accounts for 14.2% of total international reserves,” the Galt & Taggart review states.
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China Eastern Airlines will implement the flights three times a week on Wednesdays, Fridays and Sundays.China Eastern Airlines is the third Chinese airline to operate regular flights between Georgia and China.“The new route will help strengthen tourism, business, and trade-economic ties. Combined with the visa-free regime, travel between the two countries will become easier,” the Union of Georgian Airports said.Tickets can be purchased on the airline's official website: www.ceair.com
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The company attributes this growth to the increase in economic activity in the country and the number of new subscribers.In particular, as of June 2026, the number of Telasi subscribers increased by 4.5% (35.5 thousand subscribers) compared to the same period in 2025 and amounted to 833.4 thousand subscribers, of which 746.6 thousand are individuals, and 86.8 thousand are legal entities.During the same period, the total length of the company's power transmission lines amounted to 7,810 km, which is 7% (510 km) higher than the figure for the first six months of 2025. The total length of the company's power transmission lines increased as a result of network development, reconstruction and modernization works.
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According to the American Association of Wine Economics (AAWE), the value of wine imported from Georgia to Canada in 2025 increased from $1.23 million to $1.58 million (+$0.35 million) compared to 2024.The changes in the market are related to the blockade imposed by Canada on American products. In 2024-2025, wine imports from the US fell from $431.02 million to $99.94 million, a dramatic 76.8% decrease (-$331.08 million).The European giants benefited the most from the substitution of American products: France: Imports increased by 12.7% to $601.13 million (+$67.90 million). Italy: The increase was 6.6% and the volume increased to $509.83 million (+$31.48 million). Spain: Imports increased by 10.2% ($148.18 million). Significant increases were recorded by Australia (+18.4%), New Zealand (+16.6%) and Chile (+24.1%).Despite increased exports from individual countries, including Georgia, the US wine deficit could not be fully filled. Total global imports of Canadian wine fell by 7% to $1.93 billion, meaning that almost half of the US deficit was simply not replaced in the market.
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Ahead of the meeting of foreign ministers of the EU member states, Kallas answered a question from "Euroscope" and noted that European circles are actively discussing how to help Georgian citizens without losing hope for a European future.According to Kallas, discussions have taken place on how best to achieve this so that the population does not lose faith in Europe.“The Black Sea strategy we have in place already from last year, now it’s the implementation of this. The different countries around the Black Sea are, of course, an important part of this. Now, we are also struggling with Georgia, as we don’t really have connections with the government. We don’t want to support the government. We want to support the people of Georgia. We have also held discussions on how we can best deliver this support, ensuring that the public does not lose hope in Europe,” Kallas stated.For context, alongside the situations in Ukraine and the Middle East, diplomats at today’s Council meeting in Brussels will discuss the European Union’s Strategic Approach toward the Black Sea Region.
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Of this figure, GeoStat reports that exports accounted for USD 3,876.7 million, reflecting a 20.1 per cent surge, while imports stood at USD 9,048.8 million, representing a modest growth of 0.7 per cent.Consequently, the negative trade balance for January–June 2026 reached USD 5,172.1 million, constituting 40.0 per cent of the total foreign trade turnover.
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The refinery in the Georgian port of Kulevi will completely stop using...
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GDP growth for January-May 2026 equaled 7.8%
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EBRD To Fund ProCredit bank With 25 MLN EUAR
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Georgian companies post solid results on London Stock Exchange
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Banks' portfolio is GEL 73.4 BLN – Ranking
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