The Tourism Reform incorporates the amendments envisioned by the Tourism Draft Law, which was initiated by the Parliament of Georgia. In addition, it encompasses planned changes in the tax benefits system for agritourism and wine tourism service providers.
In the framework of mentorship, on May 18th, ISET Policy Institute met with the Georgian Cold Storage and Logistics Association (GCSLA) to discuss the challenges in the cold storage supply chain in Georgia and explore potential solutions to address these issues.
Under the Georgian Constitution, the country's strategic objective is to join the European Union. The vast majority of citizens agree with and support this objective. The European future is not only the country's historical strategic choice but also the hope for the prosperity and well-being of the country's population and the promise of a better future for future generations.
Regulatory Impact Assessment (RIA) is a process of evidence-based policymaking, which helps in complying with better regulatory principles and designing better regulations. RIA is a tool for transparency of the legislative process. The issue of RIA institutionalization has been a commitment envisaged in the international and national policy documents of Georgia.
Prior to the current Insolvency Reform, Georgia’s legislative framework regulating insolvency proceedings fell short of meeting international standards – it did not meet neither creditors’ nor debtors’ needs and failed to offer incentives to the insolvent companies to choose rehabilitation as their optimal strategy for resolving financial difficulties.