He noted that while last year also saw a high yield, this year’s figures are set to reach record levels."Preliminary forecasts indicate a record harvest this year; last year’s yield was also very high, but this year’s figure will be an absolute record. We are prepared for this in advance, including in terms of subsidies," Kobakhidze stated.According to the Prime Minister, the Ministry of Environmental Protection and Agriculture is managing the organization of the harvest, and the necessary preparatory work has already been completed.

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The head of government explained that the suspension of the Namakhvani HPP project was the result of "direct sabotage" that took place several years ago, involving non-governmental organizations funded by specific sources and electricity-importing companies. According to Kobakhidze, the state was weaker at the time while foreign agent networks were strong; however, the situation today is radically different, and such processes cannot happen again.The dispute gained momentum following a decision issued on September 11, 2026, by the U.S. District Court for the District of Columbia (Judge Amit P. Mehta). A U.S. federal court in Washington has authorized the enforcement of an international arbitration award requiring the payment of $297 million in principal compensation, up to $52.4 million in tax compensation and additional interest (SOFR + 4%) to the Georgian company Enka Renewables LLC. As of 2026, the total amount, including accrued interest, significantly exceeds $400 million. According to the Ministry of Justice, the state plans to appeal the ruling.Chronology of the Namokhvani HPP project and the arbitration dispute:• June 9, 2021 – Then-Prime Minister Irakli Garibashvili announced that the Namokhvani HPP project-envisaging a 433-megawatt capacity and an $800 million investment-would not proceed in its existing form.• October 2021 – Enka Renewables, a subsidiary of the Turkish company ENKA, having already invested up to $100 million in preparatory works, terminated its investment agreement with the state citing *force majeure* and initiated international arbitration proceedings due to a breach of terms. 2025–2026 – the period when, according to the initial plan, the hydroelectric power plant cascade was scheduled to become operational.• September 11, 2026 – the U.S. District Court for the District of Columbia rejected Georgia's attempt to stay the enforcement of the arbitral award and recognized the tribunal's decision in favor of ENKA, awarding over $400 million in compensation.According to the Prime Minister, despite the current situation, the country has ambitious plans that include the construction of three large hydroelectric power plants, as well as medium and small hydropower plants and wind and solar power stations.

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“At this stage, nearly 400 wineries are registered with the Harvest Coordination Headquarters and will phase into the grape reception process. This year’s harvest forecast stands at approximately 320,000 tonnes. The Georgian Government has stepped in to guarantee the full sale of this year’s grape crop, ensuring every winegrower has a secured market for their surplus. To this end, the state-owned Harvest Management Company LLC will purchase harvested grapes from individuals across Kakheti under established terms and conditions,” the statement noted.Under these guidelines, standard-quality, undamaged Saperavi grapes with a sugar content of no less than 21% will be purchased at GEL 1.50 per kilogramme. Substandard Saperavi, with sugar content ranging between 17% and 21% or showing partial damage, will be priced at GEL 0.90 per kilogramme. Saperavi grapes with less than 17% sugar content or significant damage will be set at GEL 0.30 per kilogramme.Under the Law of Georgia on Vine and Wine, undamaged grapes from other permitted varieties with at least 20% sugar content will be priced at GEL 1.30 per kilogramme. Grapes with sugar content between 17% and 20% will fetch GEL 0.80 per kilogramme, while those with less than 17% sugar content will be set at GEL 0.30 per kilogramme.The harvest coordination headquarters in Gurjaani is actively managing the grape intake process. For further information regarding the harvest, growers can call the dedicated hotlines at 1501 or 032 219 37 18.

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The event, entitled “Shaping the Future of Payments in the Caucasus and Türkiye,” brought together policymakers and representatives from central banks, the financial sector, and the international payment industry.During the forum, participants discussed the current challenges facing the global financial system, the modernization of payment infrastructure, and opportunities to deepen regional cooperation.In her address at the forum, Natia Turnava, Governor of the National Bank of Georgia, emphasized the importance of regional cooperation amid global economic fragmentation, highlighting that strengthening financial connectivity serves as an essential prerequisite for economic resilience.According to her, central banks play a critical role in modernizing financial services infrastructure and fostering interoperability with both regional and international partners.“For Georgia, situated along the Middle Corridor, strengthening regional cooperation is of paramount importance. As trade expands along this route, businesses require financial services that enable efficient and reliable cross-border payments,” stated the NBG Governor.Natia Turnava also highlighted the ongoing projects aimed at developing Georgia’s payment infrastructure. She noted that in 2026, the NBG completed a comprehensive modernization of its Real-Time Gross Settlement (RTGS) and clearing systems.The upgraded infrastructure is fully compliant with the ISO 20022 international messaging standard, facilitating faster, more secure, and reliable transactions, enhanced data quality, and greater international interoperability.“This upgrade paves the way for innovative digital services and the deployment of the Instant Payment System (IPS), scheduled for launch by the end of 2026. Our objective is to establish a secure, efficient, and innovative payment infrastructure that supports not only domestic economic growth, but also deeper regional financial cooperation,” remarked Natia Turnava.The forum was also attended by Ekaterine Galdava, Vice Governor of the National Bank of Georgia, who outlined the short-, medium-, and long-term priorities for the development of Georgia’s payment systems.Alexandre Ergeshidze, Head of the Specialized Risks Department at the NBG, participated in the panel discussion titled “Securing the Future of Payments: Building Resilient and Interoperable Systems.”Varlam Ebanoidze, Head of the Financial and Supervisory Technologies Department at the National Bank of Georgia, participated in the panel discussion titled "Building the rails of the future: real-time, 24/7, digital payment." The session explored how emerging technologies are reshaping payments, focusing on digital assets, use cases for blockchain-based shared ledgers, and interoperability between today's and tomorrow's payment systems. 

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According to the news agency haqqin.az, this information is revealed in the case files of the U.S. District Court for the District of Columbia (*ENKA Renewables LLC v. Georgia*).The International Chamber of Commerce issued the arbitration award in December 2024. Interest on the amount accrues on a quarterly basis.The arbitration dispute began in October 2021, after then-Prime Minister Irakli Garibashvili announced that the Namakhvani HPP project would not proceed in its existing form.By that time, ENKA had invested approximately $100 million in preparatory work for the project. The total value of the project had been estimated at $800 million.

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Prime Minister Irakli Kobakhidze submitted Borashvili’s candidacy to the legislature on September 14. Prior to this appointment, Borashvili served as the Deputy Head of the State Security Service. He replaces Geka Geladze, who announced his resignation on September 14 and will continue his career as a Deputy Minister of Internal Affairs.Under the law, the Parliament elects the Head of the State Security Service for a six-year term; however, the issue of appointing the agency's leader has appeared on the parliamentary agenda four times in the last year and a half. Tamaz Borashvili is the sixth person to hold the position of Head of the State Security Service. Heads of the State Security Service and the chronology of personnel changes: Vakhtang Gomelauri (August 1, 2015 – September 8, 2019) – The first head of the newly separated agency (over 4 years). Grigol Liluashvili (October 17, 2019 – April 2, 2025) – The longest-serving head (over 5 years). Anri Okhanashvili (April 4, 2025 – August 23, 2025) – Held the position for less than 5 months. Mamuka Mdinaradze (September 3, 2025 – April 21, 2026) – Led the agency for approximately 7 months. Geka Geladze (April 21, 2026 – September 14, 2026) – Left the position in less than 5 months.

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