ISET

Director of ISET Dr. Tamar Sulukhia, accompanied by Dr. Phatima Mamardashvili (APRC) and Dr. Yaroslava Babych (MPRC), took part in the 4th CAREC Think Tanks Development Forum – entitled “Trading for Shared Prosperity” – in Xi’an, Shanxi Province, People’s Republic of China. During the forum, Dr. Mamardashvili and Dr. Babych presented the preliminary results of ongoing research focused on trade flows and value chain linkages between the countries in the CAREC region.

CAREC (Central Asia Regional Economic Cooperation Program) is a partnership of eleven countries situated along the historic Silk Road trade corridor. Georgia, as the westmost point of the route, is one of the key pieces in the chain linking China, Central Asia and Europe. The preliminary findings presented by ISET-PI researchers indicated that there remains significant untapped potential for cooperation in trade and value chain participation among the countries in the region. The research in this area is seen as one of the first steps towards the comprehensive mapping and analysis of such opportunities. The event in Xi’an was held August 27-28.

In July 2019, the Georgian National Energy and Water Supply Regulatory Commission (GNERC) introduced changes to electricity supply and consumption rules and procedures, among which the prices and terms of connection of a new customer to the distribution network.

Customers are considered as new if they have never been connected to the distribution network before and electricity has never been supplied to them.

According to the decree of GNERC, 2008 (18/09/2008, decree #20) the fee of connecting new customers to the electricity distribution network was identical for each municipality, and was in the range of 400-416,000 GEL. Based on the changes in the decree, the connection fee for a new customer is defined in the following way: for the self-governing cities (Tbilisi, Kutaisi, Batumi, Poti and Rustavi) the fee has increased and varies between 600-749,000 GEL; for other municipalities, meanwhile, the fee range is 400–416,000 GEL. The fee depends on the capacity of the system (kWh). In the event that two or more new customers are connected simultaneously, 100 GEL will be added to the standard fee, which covers the costs of setting an additional metering node for additional customers.

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