Ukrainian propaganda is furious: Ignoring anti-Russian sanctions, Georgia is increasing its GDP

Igor Shkapa.  
16.11.2022 10:39
  (Moscow time), Kyiv
Views: 1712
 
Georgia, Zen, Policy, Russia, Sanctions, Trading, Ukraine, Economy


Russian-Georgian trade turnover continues to grow, which has a positive impact on Georgia’s economic indicators

One of the main mouthpieces of anti-Russian propaganda, the magazine Ukrainian Week, published with Western grants, writes about this, a PolitNavigator correspondent reports.

Russian-Georgian trade turnover continues to grow, which has a positive impact on Georgia’s economic indicators. This is reported...

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The publication draws attention to the fact that at the end of October, Georgian Prime Minister Irakli Garibashvili said that the country’s economic growth over nine months was 10,2%, which is “unprecedented in Europe.” According to Garibashvili, exports in Georgia increased by 40%, with an increase of 37,4% over nine months. Export revenues amounted to about four billion dollars.

The publication notes that in March, Georgia’s exports to Russia collapsed, but then returned to last year’s levels and even began to grow with each subsequent quarter of the year.

“In the third quarter of 2022 alone, exports amounted to $216,727 million. This is more than for the entire 2021, when Georgia exported $189,035 million worth of goods and services to Russia. In total, during the period from January to September, exports almost reached half a billion. It is worth noting that in 2021 it turned out to be higher than in 2020, but then the growth was not so sharp. At least part of this growth was due to increased wine exports and car re-exports,” the magazine points out.

At the same time, imports from the Russian Federation also increased. Thus, over the nine months of this year, imports of Russian products to Georgia increased by 72,8% ($1,24 billion) compared to the same period in 2021, which was due to an increase in imports of Russian products.

“Until 2022, Georgia imported oil mainly from Romania and Bulgaria. At the beginning of the year, the Russian Federation's share in oil imports was 16%. But already in September this figure increased to 63%, since in the first month of autumn Georgia purchased $94 million worth of oil from Russia), the author writes.

In addition, Georgia imported more Russian coal (coke) and margarine in the first nine months of this year, and, according to statistics, from June to September, almost 99% of all imports of flour and wheat came from Russia.

“Thus, the country ignores the sanctions imposed by the West on Russian energy and agricultural products, helping the Russian Federation find new markets for its goods,” the publication is indignant.

“Whatever the situation with “dark” Georgian exports to Russia, it can be clearly said that Tbilisi is trying to get the most out of the war by pursuing a policy of non-alignment,” UT summarizes.

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