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Friday, 28 October 2016


Ganapolsky turning Ukraine in Georgia to ridicule

2010-10-27 20:20

9350.jpegIt turns out Georgia together with Ukraine may seriously compete Russian Federation despite the absence of the huge volume of energy resources, such as oil and gas. Tbilisi's zeal in its attempt to attract supporters among the post-Soviet space representatives causes nothing but a smile. President of Azerbaijan Ilham Aliyev who has been permitting Saakashvili to play "dreams about confederacy" for too long is evidently kicking himself. Ukrainian President Victor Yanukovitch's opinion of the whole affair being arranged over his head remains unclear.


"Kiev looks beautiful despite the miserable volume of oil and gas in Ukraine, and Georgia looks like an absolutely European country", - journalist Matvey Ganapolsky said in his interview to a Ukrainian periodical. What else could a person born in the town of Lvov, which is famous for its pro-western and even somewhat nationalistic attitude, be expected to say? It would be unreasonable to reckon upon any other answer. Besides, the remarks of the presidium member of Russian Jew Congress about the possible return to socialistic regime and mentioning Kiev and Tbilisi as the pillars of European democracy in the CIS space suggest certain ideas.

I wonder, for how long has Matvey Yurievitch been away from his historical motherland and would he be able to make an adequate assessment of Ukrainian economy in other regions outside the capital of Ukraine? Not to speak of whether the journalist has ever visited Georgian villages. Has he given any recommendations to Ukrainian government as to the national economy revival?

It is most likely that all these questions will produce rhetoric answers. There is only one thing Mr. Ganapolsky is sure about: one is quite able to make a fortune without having any mineral resources.

Indeed, the transit countries feel quite comfortable getting revenue from energy resources transportation to European countries. Nevertheless, raw materials industry and transit account for the lion's share of GDP in both states. Or rather, one of the items of the Georgian budget implies the export of ferroalloys to its largest trade partner, the Turkish Republic. If Ankara has no demand for these products, the Georgian government's plans on reducing the negative trade balance will go down the drain.

And if Gazprom's trump card on reducing the risks of South Stream oil-and-gas supplies starts operating bypassing Georgia and Ukraine, it will mean putting an end to the stable income resource for the states that are currently trying to prevent the total decay of their economies.

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