Georgia ranks 53 out of 167 on the 2020 Legatum Prosperity Index. The Legatum Institute’s Prosperity Index, which assess political, social, economic, and environmental standings of countries has ranked Georgia 53 out of 167 nations. The index shows that Georgia has moved up 11 places in the rankings since 2010 and performs most strongly in the investment environment and governance and has improved the most in safety and security.
Site Selection Magazine highlights Georgia as a country with a great history and even greater potential. The article underscores Georgia’s top-notch business and investment climate with a low cost of operation, global market access, vibrant tourism, and vast culture with amazing food.
The America Georgia Business Council hosted its third annual Ghvino Forum of America. The Third Ghvino Forum featured many expert panelists who touched on the geography, history, economics, politics, and science of wine in Georgia and beyond.
The Government of Georgia announced a new state program – FDI Grant. The Grant incentive program aims to promote the growth of foreign direct investments, the inflow of technologies, and the creation of new jobs in Georgia.