The EU-Georgia Business Council issues recommendations to the Georgian government to minimize the coronavirus-caused economic loss and support the business sector.
The organization says it is necessary to facilitate the local industry.
The recommendations are as follows:
- Full stock-taking of the enterprises, the product of which is necessary to implement all current and planned capital/infrastructural projects in Georgia.
- To give priority to Georgia-produced items when implementing the state-financed capital/infrastructural projects.
- To reduce an average balance electricity price that depends on the US exchange rate, to maintain costs on the energy-capacity product despite the Lari devaluation.
- Taking the reality into account, to revise the loan co-financing program sectors as part of the ''Produce in Georgia'' program.
- To develop and implement a step-by-step plan in compliance with the GMP standard.
- To allow exports of medications from Georgia.
- To launch consultations with markets and hypermarkets to mitigate severe commercial conditions for local produces.
- To establish the agencies for certification and standardization for the export-oriented enterprises.