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Friday, 28 October 2016


Israel and Georgia making Kobalia angry

2010-10-28 21:05

9412.jpegVera Kobalia is utterly displeased. It's not the slow pace of privatization and expropriation in Georgia. Minister of economy and sustained development is discouraged with the fact that the volume of the trade turnover with Israel is far from the ideals she has set up for herself. 100 million dollars is a sum incapable of satisfying Vera's appetite and she proposed the trade balance renewal. How can Israel help Sakartvelo in this economic mishap? Earlier, Georgian government used to talk about attracting Israeli air companies to the country's market.


"Ultimately, there are not so many countries in the world who would like to have trade relationship with Israel, the way between them taking 2 hours by plane", - Kobalia asserts.

There is nothing new or extraordinary in the words of the economic minister. She has been known for her scanty knowledge of both the world and national economy. Thus, it's rather difficult to explain to young Vera that Israel's economic situation is practically a unique phenomenon within the European space. Israeli export that has been based upon foodstuff and textile has switched to high-tech and science-driven products in the past ten years. The Jewish country never had any problems with importers.

It is unclear, however, what the idea of the mutual benefit is, which Ms. Kobalia has been harping upon since her trip to Israel. Even the huge regional markets where the Israeli exported their goods have been reduced significantly after the global financial crisis, giving rise to the deficit of demand. US and Europe are the only support for Israeli export. And, for instance, Luxembourg and Ireland can afford the Dead Sea cosmetics or expensive hi-tech equipment since they are the richest West-European countries.

But where will Georgia take money to turn the 100-million-dollar external turnover into the precious billion? Or, vice versa, is it Israel who should continuously work for Sakarvelo's welfare? For example, introduce a national air company into the Georgian market, or better, three of them - to increase the number of flights between Tbilisi and Tel-Aviv. Six flights are not enough for the country; it needs ten. That's what the Georgian pussycat tried to get from Israeli minister of tourism and transport Stas Misezhnikov and Israel Katz.

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