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Georgian president announces about new economic course

Business Materials 4 December 2010 16:29 (UTC +04:00)

Georgia, Tbilisi, Dec. 4 / Trend N. Kirtskhalia /

Georgian President Mikheil Saakashvili announced about a new economic course in Georgia at the opening of a free economic zone in Lilo (a suburb of Tbilisi). It aims to eliminate all existing deficiencies and create a better business environment.

Saakashvili said that the new course provides the involvement of a new tax code. It will greatly facilitate the press of tax administration. It will also create mechanisms for condoning violations and early warning.

"The staff training and retraining of old employees is very important for all new employees to be focused on success in business. It is important to build a new infrastructure. It will reduce a period of service," he said.

Paying taxes is everyone's participation in the development of society, the president said.

The first sign of a new economic course is this economic zone of registration. It will replace the terminals. These zones will soon appear in Poti and Adlia, President Saakashvili said.

As a result, hvili, the principle of "single window" will be used in the course of the new zone.

"The three components include the modernized infrastructure, the new legislation and new staff. All this means rapid movement towards rich Georgia," President Saakashvili said.

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