June is a big month for football. The Copa America tournament is underway in the United States, and the European Cup kicks off in a few days in France. But a third international tournament of sorts has already wrapped up in the separatist entity of Abkhazia.
Last October’s appointment of 35-year-old, Georgia-born Demna Gvasalia as creative director of the Paris-based fashion powerhouse Balenciaga is helping to put the South Caucasus country of Georgia on the international fashion map.
For China, the New Year got off to an inauspicious start in the South Caucasus country of Georgia after a Chinese-Georgian consortium failed to win a contract to build a deep-water port on the Black Sea.
The Georgian government is now providing state-funded healthcare for roughly 90 percent of the country’s 4.5 million people. But economic experts in Tbilisi wonder whether the state’s efforts to provide universal healthcare are stressing the treasury.
China, the world’s largest economy, has set its eyes on Georgia, a traditional gateway between Asia and Europe, and its investment power could transform the poverty-stricken South Caucasus country’s prospects, some observers believe.
One year ago, Georgia signed an historic free-trade deal with the European Union that many saw as the ticket for finally pulling the country’s largely agricultural economy out of its post-Soviet slump. But so far, how fast that deal can help transform Georgian agriculture is open to doubt.