Violations Found in 11 Samples from 8 Companies out of 561 Tested in Georgia’s Wine Sector in Q3 2025

The response follows a Reuters report claiming that on October 6, the tanker KAYSERI delivered 105,340 metric tons of Siberian Light oil grade from the Russian Black Sea port of Novorossiisk to the Kulevi Oil Terminal.“All companies within the vessel’s ownership and management chain, as well as its insurance and classification society, fully comply with applicable international norms and regulations and are not subject to international sanctions.Accordingly, in order to conduct subsequent customs control procedures, the cargo was discharged into a temporary customs storage warehouse.The vessel operates on international routes, including ports in Asia and the Middle East, and its activities are fully consistent with international maritime practice and trade regulations.The Maritime Transport Agency of Georgia once again confirms that entry of vessels into all Georgian ports is strictly controlled in full compliance with international law and national legislation.Georgian ports are not used—by any party, including third countries—to evade international sanctions.The Revenue Service of the Ministry of Finance and the Maritime Transport Agency of Georgia jointly and continuously monitor and verify vessels and shipowners in relation to international sanctions.If a vessel or its owner is found on a sanctions list, it is denied entry to Georgian ports and is not permitted to undergo customs procedures,” the Maritime Transport Agency stated.The Revenue Service of the Ministry of Finance also issued a separate statement confirming that the ship, its owner, and the companies sending and receiving the cargo have passed sanctions screening.“On October 2, the Panamanian-flagged tanker KAYSERI entered the port of Kulevi from a Russian Federation port, carrying up to 10,000 tons of crude oil intended for import customs procedures. The cargo was shipped by a Russian company, whose name is not disclosed due to tax secrecy regulations.The inspection confirmed that neither the vessel nor its owner, nor the companies sending or receiving the cargo, are subject to international sanctions. Following the inspection, the cargo was unloaded into a temporary storage customs warehouse for further customs control procedures.The Revenue Service and the Maritime Transport Agency continuously monitor ships and shipowners for compliance with international sanctions. Any vessel or owner listed under sanctions is denied entry to Georgian ports and barred from undergoing customs procedures.We declare with full responsibility that the information disseminated serves to mislead the public,” the Revenue Service stated.

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In 2024, the volume of short-term assets out of the total financial assets was 6.6 billion GEL and the liquidity percentage was 56.0. At the end of 2024, liabilities of non-financial corporations amounted to 82.1 billion GEL (of which, short-term liabilities were 22.6 billion GEL). Out of total liabilities, liabilities in foreign currency amounted to 17.3 billion GEL1 . At the end of 2024, out of total debt, debt to non-residents (Foreign Debt) amounted to 12.0 billion GEL.In 2024, expenditures on debt service (repaying base debt obligation plus interest payment on loan) amounted to 12.8 billion GEL. Out of this amount, debt service as the interest payment was 2.0 billion GEL. Debt service provided by loans from individuals equaled 164.5 million GEL, and debt service provided by other non-financial corporations was 959.8 million GEL.

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"Energy cooperation between Georgia and Azerbaijan will not only bring economic benefits to our countries, but will also help us achieve joint strategic goals. Azerbaijan's initiative and Georgia's project have already become an important aspect of European security. Azerbaijan natural gas is supplied to many countries, including 10 European states. We owe this success to Georgia," Asadov said.Asadov also noted that Azerbaijan and Georgia are strong partners in providing renewable energy sources in the context of the transport of Caspian and Black Sea energy carriers.According to the Azerbaijan Prime Minister, this is an example of a common vision and commitment between the two neighboring countries.“Multilateral cooperation strengthens regional stability, mutual trust and long-term partnership. We believe that new initiatives will be implemented in the field of transport, logistics and transit. As a result, our joint efforts in the coming years will increase and further develop our geopolitical stability and importance. We are ready to build open and mutually beneficial cooperation mechanisms,” the head of the Azerbaijan government said.Tbilisi Silk Road Forum is being held for the fifth time on October 22-23 and is attended by about 2,000 delegates.“Tbilisi Silk Road Forum” has been held every two years since 2015. During this period, the forum has developed into an international brand and a high-level platform for dialogue between governments of different countries, as well as for bilateral and multilateral meetings between organizations and business representatives.

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The Armenian Prime Minister said that it is a great honor for him to participate in the international event called the Tbilisi Silk Road Forum for the second time."As its name suggests, this event has already become an important platform for officials from different countries, representatives of the private sector, international experts who share new ideas with each other. As a result of this platform, a peace project was implemented between Armenia and Azerbaijan, which in principle turned into a support mechanism," Pashinyan said.According to him, the project was supported by many international partners, because it is important to develop regional and international, transport and communication opportunities not only through Armenia, Iran, Azerbaijan, Turkey and Georgia, but also by opening borders with them."I am happy to confirm that we have achieved great success in this direction. In August 2025, at the initiative of the US President, a peace agreement was signed in Washington between me and the President of Azerbaijan, which was also signed by Donald Trump. This declaration specifically concerns regional communication. We state in that declaration that we emphasize the importance of communication, interaction, dialogue in bilateral and international formats," Pashinyan said.According to the Armenian Prime Minister, efforts are being made to ensure unlimited connectivity between the Republic of Azerbaijan and the Nakhichevan Autonomous Republic through the territory of the Republic of Armenia. According to him, this is a bilateral relationship for international and interstate connectivity."Azerbaijan is already lifting restrictions on the movement of goods through its territory to our country, and this was announced yesterday by President Aliyev. I thank him for this step and decision. I welcome this initiative. I am also pleased to say that we have a positive dialogue between Turkey and our republic, which ensures that our border will be opened. I would also like to confirm that we are not only politically but also technically ready for the transit of goods from today," Nikol Pashinyan added.According to Pashinyan, starting today, we can carry out cargo movement using the territory of the Republic of Armenia. According to him, the land and border infrastructure is ready for this."We are politically ready to ensure transit from the Nakhichevan Autonomous Republic to the main territory of Azerbaijan and vice versa. We are already politically ready to ensure rail transit from the Nakhichevan Autonomous Republic, Turkey, and the main territory of Azerbaijan. The railway needs reconstruction in these fragments. I am sure and I assure you that these technical issues will be resolved within two to three years, in the near future, and the electricity network will also be established from Azerbaijan to the territories of Armenia, via Nakhichevan," Pashinyan noted.The Tbilisi Silk Road Forum is being held for the fifth time on October 22-23 and is being attended by about 2,000 delegates.The forum is a key platform for dialogue and cooperation to strengthen regional and global connectivity.

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According to the department, it is planned to deepen 7 operating wells and drill 2 new exploratory wells using modern, high-tech methods. Nino Enukidze, First Deputy Minister of Economy and Sustainable Development, Inga Pkhaladze, Deputy Minister and Curator of the Energy Sector, Subu Ramesh, Ambassador of India to Georgia, company representatives, and invited guests attended the signing ceremony held at the Ministry of Economy.“This agreement represents yet another significant step in strengthening the economic partnership and friendships between Georgia and India. It will contribute to the development of Georgia’s energy resources, attract new investments and bring modern high technology solutions to our oil production sector” – Inga Pkhaladze stated.Deputy Minister highlighted the Agreement lays the foundation for a new stage that will strengthen Georgia’s energy security and create new opportunities for economic growth and regional development.It is noteworthy that the project’s investment package amounts to approximately 50 million USD to be implemented over the next four years. Immediately upon signing the Agreement, the company will pay 4,15 million USD to the state budget.Hindustan Silichine Private Limited is an Indian multi-business holding that operates in the fields of oil exploration and natural gas supply.Giorgi Tatishvili, Head of the State Agency of Oil and Gas of Georgia, Ekaterine Sisauri, General Director of the Georgian Oil and Gas Corporation, and Khitish Kumar Nayak, Director of Hindustan Silichine Private Limited, signed the Production Sharing Agreement.Indian oil and gas exploration and production holding company Hindustan Silichine Private Limited has previously owned one of its major assets in Georgia. In particular, Hindustan Silichine, founded in 2017 by Upesh and Gaurav Thakkar, lists on its website among its major assets the proven oil and gas reserves of Sanand-Mirol and Ankleshwar in Gujarat, India, as well as the oil and gas block 7B in Georgia, which is a 1,175 sq. km production block near the Black Sea.Hindustan Silichine Private Limited aims to become the leading oil and gas exploration and production (E&P) company in Georgia within five years.In addition, the company's turnover reached $28.2 million in the first two quarters of the 2024-2025 financial year, and the forecast turnover for the entire fiscal year is $51.2 million.

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As of the document, 11.7 percent of incomes of enterprises engaged in postal and courier activities were generated from written correspondence, of which 44 percent were international services, while 56 percent were local.Enterprises engaged in postal and courier activities sent 13.3 million parcels and 5.9 million of written correspondence during 2024.In 2024, in the enterprises engaged in postal and courier activities the average annual number of employed was 4.0 thousand, including 1.5 thousand couriers and postman. 

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The portal compiles statistical information on air, biodiversity, water, climate, transport, energy, environmental-economic accounts, waste, and other environment-related indicators, in a user-friendly and accessible format. The portal enables users to explore and analyze data on the environment and natural resources in Georgia using interactive charts and modern visualization elements.The portal consists of nine modules. The first module — Air Quality — provides information on air pollution, emissions, and the latest trends in urban air quality in Georgia. The second module — Nature and Biodiversity — presents information on protected areas and forests. The third module — Water Resources — provides users with data on the use of water resources. The fourth module — Transport — contains information on trends in passenger and freight transport in Georgia, the development of the vehicle fleet, and the monitoring of energy efficiency. The fifth module — Energy — provides users with data on energy consumption and renewable resources. The sixth module — Climate — covers trends in temperature, precipitation, and greenhouse gas emissions. The seventh module — Environmental-Economic Accounts — presents data on Georgia’s material resources, consumption, and trade trends. The eighth module — Waste — reflects statistical information on municipal waste. As for the last, ninth module — Other — it includThe goal of Geostat goal is to produce and provide high-quality data to users in formats that are easy to use and that enhance planning and decision-making processes at any level.

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The largest share of this revenue came from travelers from Russia – USD 252.5 million. The European Union countries are in second place – with USD 238.2 million, and Turkey is in third place – with USD 195.7 million. This information was released by the National Bank of Georgia (NBG).According to the National Bank of Georgia, in the third quarter of 2025, Georgia received USD 1.66 billion in travel revenue, which is 6.6% more than in the same period last year.The share of EU countries in international travel revenues in the third quarter of 2025 was determined at 14.3% and amounted to USD 238.2 million - an increase of 13.3% compared to the same period of the previous year.According to statistics, revenues from Azerbaijan and Israel are distinguished by high growth rates, with annual growth rates of 36.3% and 28%, respectively.Revenues from Russia are characterized by a decreasing trend - in the third quarter of 2025, revenues from travel to Georgia from Russia decreased by 14.3%.

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