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South Caucasus News

Community: EU’s approach to ethnic and religious issues is unacceptable


The Western Azerbaijan Community made a statement in response to the speech of the European Union representative on “the rights and security of Garabagh Armenians” at the OSCE Ministerial Council, Azernews reports.

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South Caucasus News

Azerbaijan, Uzbekistan to cooperate in field of space


Azerbaijan and Uzbekistan have discussed the development of cooperation in the space sphere. Azerbaijan’s Minister of Digital Development and Transport Rashad Nabiyev wrote about it on social network “X”, Azernews reports.

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South Caucasus News

Digital Azerbaijan brand presented at İnMerge Innovation Summit


The Agency for Innovation and Digital Development under the Ministry of Digital Development and Transport has presented the brand “Digital Azerbaijan,” Azernews reports.

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Chiatura Miners Go On Strike Over Unfulfilled Promises


Some of the Chiatura miners went on strike, over unfulfilled promises by their employer, Georgian Manganese. They are demanding that Georgian Manganese switch to a 12-hour working day and reduce the number of days they work, claiming that their current working day is 8 hours, but they have to produce a 12-hour standard.

A worker at the Chiatura mines, said that the employer had promised to move them to a new shift schedule five months ago, but that the commitment had not been fulfilled.

A worker revealed that during a recent meeting on November 28, the company promised to move to a 12-hour schedule, but there was a discrepancy in the wage. While the 12-hour wage for the new schedule is supposed to be 164 GEL, as it is for those workers who already work 12-hour shifts, the striking workers were offered 155 GEL, which is a shortfall of 9 GEL. According to the workers, this is one of the main reasons for the lack of agreement.

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Georgian PM Participates in 28th UN Climate Change Conference


On December 1, Prime Minister of Georgia Irakli Garibashvili is participating  in the world leaders’ summit at the 28th United Nations Climate Change Conference held in Dubai, the United Arab Emirates.

“Irakli Garibashvili, together with Georgia’s delegation, attended the opening of the summit. The leaders participating in the summit were addressed with welcome speeches by UAE President Sheikh Mohamed bin Zayed Al Nahyan, UN Secretary General Antonio Guterres, and King Charles III of the United Kingdom of Great Britain and Northern Ireland,” the Government administration said.

“Delighted to attend COP28 in Dubai, United Arab Emirates and voice Georgia’s vision on combating increasingly severe impacts of climate change worldwide. Georgia is dedicated to honor its commitments to enhance climate-resilience, including by developing environmently-friendly projects,” PM Garibashvili tweeted.

Delighted to attend #COP28 in Dubai, 🇦🇪 and voice 🇬🇪’s vision on combating increasingly severe impacts of climate change worldwide. 🇬🇪 is dedicated to honor its commitments to enhance climate-resilience, incl. by developing environmently-friendly projects. pic.twitter.com/9L50vymtWJ

— Irakli Garibashvili (@GharibashviliGe) December 1, 2023

Within the framework of this visit, PM Garibashvili held a meeting with the President of the European Council, Charles Michel. According to the government administration, PM Garibashvili “briefed the President of the European Council on Georgia’s reforms implemented toward European integration.”

The government also reported that PM Garibashvili thanked President Michel “for his assistance and support in the implementation of the EU’s recommendations, and emphasized the importance of support from the President of the European Council on the path to European integration.”

“Georgia’s commitment to the EU path remains strong. And I reaffirmed to PM Garibashvili the EU’s commitment to Georgia. The EU welcomes the continued efforts to advance on the reform agenda and the action plan to address the steps necessary, in the interest of the Georgian people,” President Michel tweeted.

Georgia’s commitment to the EU path remains strong. And I reaffirmed to PM @GharibashviliGe the EU’s commitment to Georgia.

The EU welcomes the continued efforts to advance on the reform agenda and the action plan to address the steps necessary, in the interest of the Georgian… pic.twitter.com/TzbMYCCUs3

— Charles Michel (@CharlesMichel) December 1, 2023


The UN Climate Change conferences, also known as COPs take place every year and according to the website of the United Nations Framework Convention on Climate Change (UNFCCC), “are the world’s only multilateral decision-making forum on climate change with almost complete membership of every country in the world.” The COP 28 stands for the 28th meeting of the Conference of the Parties (COP) to the UNFCCC.

The discussions during the GOP 28 will include hammering out a financial mechanism to help vulnerable communities deal with immediate climate impacts; driving towards a global goal on finance that would help fund developing countries’ efforts in addressing climate change; accelerating both an energy and a just transition; and closing the massive emissions gap.

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NBG Board Appoints Two New Vice Presidents  


The Board of the National Bank of Georgia appointed two new Vice Presidents, the NBG reported on November 30. Ekaterine Mikabadze and Ekaterine Galdava became the new Vice-Presidents. 

The newly appointed Vice Presidents have already been and will continue to be members of the Board, which is the supreme body of the financial regulator. The candidacies of Mikaberidze and Galdava for the position of members of the Board were supported by the Parliament of Georgia in 2021 for the period of seven years, i.e. from 2021 to 2028. 

Thus, together with the position of members of the Board of Directors, they will hereafter serve as Vice Presidents of the National Bank of Georgia.

New NBG Board Members:

Ekaterine Mikabadze – Prior to her appointment as a member of the Board and now as the vice president of the NBG, Ekaterine Mikabadze served as the First Deputy Minister of the Ministry of Economy and Sustainable Development of Georgia, from 2019 to 2021.  She also held several positions at the National Bank of Georgia, first as a Chief Specialist in the Balance of Payments Division of the Macroeconomics and Statistics Department from 2009 to 2011, then as a Chief Specialist in the Monetary Policy Division of the Macroeconomics and Statistics Department from 2011 to 2013, and then as a Chief Specialist in the Monetary Policy Division of the Macroeconomics and Statistics Department  from 2013 to 2016. From 1995 to 2007, Mikabadze held various positions at the National Statistics Office of Georgia.

Mikabadze holds a Master’s degree in Economic Sciences from Tokyo International University, which she received in 2008. She received her Bachelor’s degree in Information Science and Management Systems from the Georgian Technical University in 1995.

Ekaterine Galdava – Ekaterine Galdava has held several positions in the National Bank of Georgia in the past. From 2005 to 2007, she was a member of the NBG’s Board of Directors and Vice-President. Among other positions at the NBG, Ms Galdava worked simultaneously as Chief Economist in the Economic and Credit Policy Department and as Head of the Information and Forecasting Department in the Macroeconomic Policy and Monetary Operations Department from 1993 to 1994. At the NBG, she also served as Deputy Head of the Macroeconomic Policy and Monetary Operations Department from 1996 to 1998 and then as Advisor to the President on Economic Issues from 1998 to 2001.

She also worked in the Ministry of Regional Development and Infrastructure of Georgia, first as Head of the Department of Infrastructure Policy and Development Partner Relations from 2917 to 2018, and then as an advisor from 2020 to 2021.

Galdava holds a master’s degree in economics. She studied at Williams College in Williamstown, USA from 2001 to 2002.

Current NBG Board

According to the law on National Bank, Vice Presidents candidacies are submitted by the President of the National Bank for approval by the Board. The Board members candidacies themselves are submitted by the President of Georgia and approved by the Parliament for the seven-year term. Currently, there are six members of the Board of the National Bank.

These are Natia Turnava (First Vice President and the acting President of the National Bank), Ekaterine Mikabadze, Ekaterine Galdava, Robert H. Singletary, Teimuraz Khomeriki and Nana Keinishvili. The latter two were appointed by the Parliament on September 21. 


Rearrangement of personnel in the financial regulator started shortly after the acting NBG President Natia Turnava introduced the changes in the sanctions’ enforcement rules, according to which the “Georgian citizen can not be subjected to international sanctions unless convicted by a Georgian court.” The amended regulation effectively shielded the former Prosecutor General of Georgia, Otar Partskhaladze, sanctioned by the U.S Treasury Department. 

Turnava’s controversial decision led to the prompt resignation of three NBG Vice Presidents, Papuna Lezhava, Archil Mestvirishvili, and Nikoloz Gagua, followed by the NBG head’s adviser Giorgi Bakradze. 

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Azerbaijani parliament speaker on official visit to Czech Republic 


The parliamentary delegation of Azerbaijan, led by Speaker Sahiba Gafarova, has arrived on an official visit to the Czech Republic, Report informs.


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South Caucasus News

Azeraluminium’s export earnings down by about 6%


In January-October 2023, Azeraluminium LLC, a subsidiary of Azerbaijani Industrial Corporation OJSC, exported products worth $109.9 million, down $6.5 million, or 5.6%, from the previous year, Report informs, citing the Center for Analysis of Economic Ref


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@mikenov: https://t.co/Cq6c2vONae The News And Times #News #Times #NewsAndTimes #NT #TNT #Israel Israel #World World #USA USA #POTUS POTUS #DOJ DOJ #FBI FBI #CIA CIA #DIA DIA #ODNI ODNI Putin Russia #Putin #Russia #GRU GRU Ukraine #Ukraine Shoigu #Shoigu New Abwehr #NewAbwehr 8:37 AM…


https://t.co/Cq6c2vONae
The News And Times #News #Times #NewsAndTimes #NT #TNT #Israel Israel #World World #USA USA#POTUS POTUS #DOJ DOJ #FBI FBI #CIA CIA #DIA DIA #ODNI ODNI
Putin Russia #Putin #Russia #GRU GRU
Ukraine #Ukraine Shoigu #Shoigu
New Abwehr #NewAbwehr
8:37 AM…

— Michael Novakhov (@mikenov) December 1, 2023


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@mikenov: https://t.co/6KOmx9mwRU The News And Times #News #Times #NewsAndTimes #NT #TNT #Israel Israel #World World #USA USA #POTUS POTUS #DOJ DOJ #FBI FBI #CIA CIA #DIA DIA #ODNI ODNI Putin Russia #Putin #Russia #GRU GRU Ukraine #Ukraine Shoigu #Shoigu New Abwehr #NewAbwehr 8:26 AM…


https://t.co/6KOmx9mwRU
The News And Times #News #Times #NewsAndTimes #NT #TNT #Israel Israel #World World #USA USA#POTUS POTUS #DOJ DOJ #FBI FBI #CIA CIA #DIA DIA #ODNI ODNI
Putin Russia #Putin #Russia #GRU GRU
Ukraine #Ukraine Shoigu #Shoigu New Abwehr #NewAbwehr
8:26 AM…

— Michael Novakhov (@mikenov) December 1, 2023