Transformation of the economic free zone in Georgia

There are several free zones around the world. What are the priorities needed to form a free trade area in Georgia, and little by little right?

We can check the current situation of the country, the proximity of Azerbaijan, Armenia, Russia, Turkey, Ukraine and Central Asian markets, before the formation of the industrial zone. It should also establish a direct neighbor of Georgia on the Black Sea to the European Union.

It is worth remembering that the doorPoti is the biggest and the Black Sea and 'the largest port in the maintenance of dry cargo from the Caucasus is in the TRACECA corridor and the traffic more important for the transport of the Caucasus. The port is a direct instruction to the sea to major ports in Europe and Asia are connected, has a ferry with Ukraine, Russia, Bulgaria. Wearing this trip in the country is connected, is connected to all cities in Georgia to travel by car have a relationship with potentiometerAirport and Batumi International Airport. The port offers all sorts of goods. It has obtained ISO-9001-2000.

port of Poti can increase the conductivity and serves over 25 million tonnes of freight annually.Together be as stand-by position, proximity to international trade and cheap labor.

This is a free trade area of 400 hectares and the opening of borders to the northern port city and went to seaLine.

Exactly the point of view of economic free zone and lead to very liberal legislation needs to attract foreign investment, as the investment environment in Georgia is not very interesting from different angles. first factor in the investment climate is the size of a market. Enlarge the market size, the most interesting. Georgia does not differ in any market.

The second factor is the law. Georgia is the liberal law.Heritage Foundation keeps us pretty village in that direction. According to the index of economic independence, taking 32nd place in Georgia. This means that the barrier is rather liberal of the screen provides businesses and industry initiatives in Georgia.

A failure of political instability. We know that the attention of the creators of political stability and investment guarantees. A problem of territorial integrity of our country,Georgia, under the constant threat of war is also for those who are mentioned.

There are some problems in terms of law enforcement. facts fixed eliminated the negative impact on the environment for private investment in the property. It 'important to maintain economic activity and the creation of mechanisms of legal protection.

Qualifications of the personnel is also a serious problem. is very low in Georgia. intellectual resource is also reduced.

The main reasonCreating a free trade area attracts more and more investment firms in the region and achieve employment. For these to form the country benefits from the financial situation for investors, for the production of their choice in favor of Georgia, among many others. We'll see how the future success of the operation zone of free trade, and if the flow of investment.

Call EPZ in high seas areas that areunder the gaze of all the skeptics, because it is not checked. Its implementation in Georgia has been followed by the opposition and critical dependence. Most experts Georgian negative function of EPZs, as is supposed to be in connection with these actions have reduced the private interests of particular individuals, to clarify the "black money", the sale of assets in the form of circumventing the rules and the fiscal point of view very doubtful Georgia. In his mind,understand why it is necessary to create free economic zones in the country had taken important steps towards the liberalization of economic and industrial context. Full liberalization of foreign trade was in the 90s. This means that the export was approved by the tax. reductions have been abolished duty-free quotas and licenses. Since 1998, monetary operations totally independent. In 2006, high tariffs reduced. Today, the habitTariff on agricultural production is 12% of building materials - 5%, others are zero. They simplified licensing and rights and the principles of industrial activities and their implementation. A teacher called, the economic expert Vladimir Papava: "the creation of a free trade under conditions of free economy, the pace of inefficiency that is what can create a free trade area in Georgia believe that nonsense.".

He finds the following statement at his trial. E 'There are two types of countries in the world - those who suffer from over-investment and lack of them. surplus countries to increase investment by domestic investors in the economic zone. That the country is the condition that the investor invests money in the free zone in the territory of its country and not leave. Creation of free economic zones in the country's hunger hardens the investment situation in which the investor isField itself, but in the region. local investors will try to do the same thing. Georgia's economy is strong and the downfall of the economy, creating economic zone.

Temur Giorkhelidze expert writes: "The fact that something is done in the city and across the nation will rise is an illusion, a sector that will keep the capacity of the international construction industry through the little country to cause chaos in this field ..!

The authors of thefor the design and creation of the estimate of its foundation FIZ be positive and remember that Georgia is more developed and easier to overcome poverty if the economy is more open and liberal.

The author of the bill Kakha Benduqidze this area, if necessary, to increase the commercial value of the assets in Georgian regions. These high-tech production and the area where the person is basically an industrial system what to doadditional incentives for business development.

Deputy Economy Minister Vakhtang Lezha wrote: "It 's very liberal system of economic regulation in Georgia primary objective of free trade area to guide the creation of a liberal business environment in the territory of the country, including a real job .. "Lezha called" Georgia will not become off-shore area, there is no prerequisite for this. "After the declaration of the GovernmentFree economic zones to boost the economy for the country.

Therefore, the establishment of free trade area from different angles to be achieved. There is a constant question - "What to reconcile the principles of free trade zone with Georgia" in such a situation, often say "a stick has two ends" is positive or negative, if one side. It is necessary to address the surplus part of each other and make decisions is positively related to benefit or otherwise of the FIZGeorgia.

Speaking to the anticipated risks and problems of creating free economic zones:

Establishment of the FIZ is followed by spending in the first phase because of the tax and the reduction of family income.
attractive legal regime of free trade in the region is investing inflected, a specific region of the country at the expense of others. These regions are less attractive investment ruin pf point. This canThe opposition between the various regions, as they say in a particular region may be deleted, and no possibility of development.
This is the meaning of the law, which may be the zone in every region of the country may be set up in each region. This is exactly where the experts see the danger that the foundation of FIZ is available in border areas where ethnic diversity is the area of free trade for economic developmentArea of our country and can fully integrate the territories of its neighbors in economic terms.

E 'negative because it is another area without control of the country in which trade can not be controlled, as are parts of the Roki - Down Zaramaga and eagles - Gantiadi. It 's very difficult to create custom controls
is necessary to provide specific security measures, because the production can not meanfor the size of the domestic market through illegal means. It is necessary to reduce the input and opportunities, and better control. There is a risk of smuggling within the economic zone. There is a danger to the existence of shell companies, the amounts will be. Although the authors call the lever of the project of law to ensure this.
free trade area, increases the risk of "recycling" of money to give. There are many methods"Recycling" of money. Treasury operations, unlawful use of banks and other financial institutions in connection with the operation of the movable and fixed costs incurred, must be the game that the traditional mechanisms. The simplest type of "recycle" the money is in the process of privatization and free zones. The free zone is the best way for the entry of smuggled goods in his own way.
And 'well-known axiom that in countries where economic liberalization,The opening of borders, the development of transit, entry of foreign investment, the growing movement of natural persons are in place in countries where a relatively large proportion of the population is abroad and organized by poor countries a "whitewash" "black" money is very high.
Georgia "met" virtually all of the conditions listed above and may be an area to launder money is considered. The fact that so-called off-shore companies, symbols Forum"Recycling" of money to provide activities in Georgia, which increases the risk.

In my opinion, the risk of money to "recycle" is more in FIZ, as the whole territory of Georgia, the anticipation that the record companies and banks are prohibited in the FIZ. In my opinion, this process is under way in Georgia today is, however, because foreign investors in Georgia from sources outside of the number of shareholders transparent. In reality, there is no civilized capital flowsGeorgia. The capital invested by companies registered in offshore areas (eg, Marshall Islands, and Virginia) are introduced, and this of course means that there are doubters.

free trade area, in my opinion, support the growth of inflation. Foreign investment is on FIZ. This translates into growth in the foreign country that cancels sent as part of Lari, and this is bad for export.
There is no political stability in Georgia, the rights ofThe owners have been removed, and unskilled labor. The evolving legal system has not been completed. Therefore, there is the risk that the economic disadvantage provided, it seems doubtful FIZ abbreviated foreign capital, which expires in the country as the economy deteriorates, and thereby causing a disruptive economic and financial shortly.
There is a risk in choosing an operator. B FIZ not another operator whenhave not been recognized worldwide and a successful investor in this company. To be together, it is also necessary FIZ part of Georgia of the world's industrial infrastructure and integrated supply chain.

Creating a free trade area has its positive sides. There are great opportunities for business development and business growth. It 'possible that the development of the region to zero and the tax system to provide further impetus to the company.

A positive resultlateral free trade area that the technologies and know-how is the country in force.

There is a growing influx of foreign currency, as is the fate of the capital moves in essence, where low wages. Investment flows, the possibilities are for the economic and social development. Employment - to increase investment to create jobs, provide on.

Creation of an industrial zone in Georgiais not calculated for the effect of year, it is necessary to provide investment and attractive environment for businesses and new jobs.

With a potential free trade zone for export may be increased. Most of the production is exported to Georgia for another, such as hardening Lari in the country has led to an increase in the prices of export taxes and the deterioration of the balance. For example, data regarding imports and exports by 32%1995 and 2000 increased 46%, now reduced to 23%. Imports - 1995 to 2007 the export volume was 8 times, and increased by 11 times. WIP evaluated in the same period, 3.9 billion Laris was 17 million dollars, 4.36 times higher, while the only real WIP 2.1 was higher. The exchange rate of the currency led to a deterioration in the fiscal balance. Only 10% of production occurs in the FIZ is registered in Georgia, others will be exportedother countries. This will lead to a better fiscal balance.

free trade area - in terms of territorial integrity. FIZ aimed at territorial expansion. His duels territory in the years 50-10. if Guria FIZ-Samegrelo operating successfully, will join Guria, Sukhumi, Ochamchira. The separatists are not able to block all property of the FIZ. For example, the flight of Northern Cyprus has called on the Turkish part of Cyprus to accede to economic success.

For the expertsThe history of economic integration is necessary. Do you have plans for joint investment with Abkhazia and Alanians. The creation of these areas gives rise to lob the central regions of conflict to adjust the positive role of conflict case. Although this is only a dream, now, as we know it takes great control and stability. While the achievement of good governance can be in conflict regions, and investors have a sense of stability,FIZ actually possible to create it. In fact, today, is a utopia, if we can not exclude anything in the future.

Creating a free trade area has already been decided and will be activated shortly. FIZ expects a boost to economic development in Georgia, despite the opening of the regional free trade is not surprising that do not produce surplus is a continuous process, the initial results in 50 - 10.

Century, modernGlobalization. A process of economic globalization in the world will be prevented from Georgia and will be economically integrated with the world. The process, in our view, has already begun. The creation of the FTA suggests.

Government of Georgia adopted the Law "on the global competitiveness of the financial sector, the Foundation has a financial center. The main purpose of the law is the integration of Georgia in the global financial system.Elements of the revolution package accused touched laws that require the participation in high seas areas of Georgia. We believe that foreign banks and assets for ten million dollars. It will be after the section of the law, banks have a maximum taxes of $ 100 million. You also have the benefit of the rule of the taxation of financial transactions in the banking, capital movement and touch, etc..

What is the financial center of Georgia in the background, regardless of when financial centersLondon, Milan and Hong Kong are at the highest level of development and are not agents need to Poti. In case, if a tax haven and do not provide a benefit that can stop his election in Georgia. Although it is not sufficient, since foreign investors to pay particular attention to countries in economic and political stability in the category in which Georgia does not belong. There is no institutional infrastructure, technical and economic security mechanismThe structure is very low in Georgia.

However, Georgia's integration into the global economy is inevitable and a matter of time, because there is, in conditions of globalization, non-nation-state, without a total amount of space could finance and economics.

Recommend : iPod Touch Sharp Aquos Lcdtvs

Special Economic Zone of transformation in Georgia

There are a lot of economic zones in the world. What priorities will be the formation of the industrial zone in Georgia, and is coordinated?

There may be its geographical location, the proximity of Azerbaijan, Armenia, Russia, Turkey, Ukraine and Central Asian markets, I believe that before the formation of the industrial zone. It 'also provided that the direct proximity of Georgia on the Black Sea is the euro, the European Union.

It should be noted that wearsPoti is the biggest in the Black Sea region, 'the largest port facilities for loading dry Caucasus, which is in the TRACECA corridor and the most important transit white web. The harbor is through a direct view of the sea in Europe and the largest ports in Asia, is connected, has a direct ferry links with Ukraine, Russia, Bulgaria. The port is connected to the railway network in the country, with all cities in Georgia with the way in which it is attached, has relations with potentiometerAirport and Batumi International Airport. This port city offers all types of cargo. It is certified ISO-9001-2000.

Port of Poti to expand the conductivity and serves over 25 million tonnes of freight annually.Together geographical location, proximity to main roads and international labor cheap looking also at the front.

They are in the industrial area of 400 hectares and is adjacent to the northern gate to open and follow the sea, the beachOn-line.

This position carries the benefit of the enclave's economic and very liberal legislation is to attract foreign investment, the investment climate in Georgia is not very attractive from different angles. First, the definition of the investment picture is the size of the market. Large market is more attractive. The Georgia market is no different with the large scales.

The second factor is the law. Georgian legislation is liberal.Heritage Foundation says that the country is interesting in this direction. According to the index of economic independence, 32 Georgia Performs. This means that the barrier is very liberal for the business of advertising and industrial initiatives in Georgia.

One factor is the interruption of political instability. We know that the great inventor of attention rate guarantees for the political stability and investment. One of the problems of territorial integrity of our country,Returned to Georgia under the constant threat of war is also for those who were.

There are some problems in terms of law enforcement. Fixed suppress facts affected environment for private investment. It is important to offer income-generating activities and creation of mechanisms for legal protection.

Skills of the workforce is also a serious problem. is very low in Georgia. Intellectual resources is also reduced.

The main reasonCreating an EPZ is to facilitate investment, business growth and employment in the region to achieve. The country has the advantages of how the financial conditions for investors to make their choice in favor of Georgia, among others. We will see in the future functioning of the EPZ, and if instead of inflow of investments.

Calling areas, possibly off-shore. These are the areas thatquestionable in the eyes of all, because it is not selected. Its structure in Georgia has been followed by the opposition and the dependency critique. The majority of Georgian experts have a negative function of these areas, as is supposed to be the sphere of action, without reducing the interests of some individuals to launder dirty money ', sales of capital as a means to avoid regulations and taxes is very doubtful prospect in Georgia. In their eyes,understand why it is not necessary to establish an economic zone of the country has taken important measures to liberalize the economic environment and industry. Full liberalization of foreign trade was in the 90s. This meant that the export tax was raised. Duty-free cuts, such as quotas and licenses have been eliminated. Since 1998, the monetary transactions are completely independent. In 2006, high tariffs reduced. Today, customTariffs on agricultural production by 12%, based on materials of construction - 5%, others are zeroed. E 'simplified license and rights beginning of industrial activities and their implementation. A teacher who encourages economic expert Vladimir Papava: "Creating an economic free zone in conditions of free economy is a good fit. So I think that is the creation of an economic free zone in Georgia is nonsense."

He finds the following statement about his views. Theretwo types of countries in the world - those who suffer from over-investment and for them. Surplus countries to strengthen national investment of investors in the economic zone. Landforms in other conditions such that the investor invests money in the free zone in the territory of their country, not outside it. Creation of economic zones, tempered in the hunger for investment in land, the situation, since the investor does not enter theOwn country but throughout the region. Local investors will try to do the same. The economy of Georgia is not fixed and the ruin of the establishment of free economic zone economy throughout the country.

Temur Giorkhelidze expert wrote: "It 'something of a people and the country is made even raise an illusion. One area that is not of an international character. Insufficient development of the business environment across the country to cause chaos in this area!"

The authors ofDesign and supporters of the basis of the estimated FIZ its founding as positive and believe that Georgia is more developed and easier to overcome poverty if the economy is open and liberal.

The author of the bill Kakha Benduqidze considered an area of increasing activity in regions of Georgia needs. The area of high technology and production, working in the industrial city in the neutral point of doing somethingfurther impetus for the provision of their activities.

Economy Minister Vakhtang Lezha wrote: "It 'a very liberal system of economic regulation in Georgia. EPZ main objective is the creation of a liberal industrial specific region of the country for actual use is the goal." Request Lezha that "Georgia is not in the area becomes off-shore, where there are no prerequisites for this." After the declaration of the Governmentachieve greater economy of the economic zone, the country is.

Thus, the creation of an export processing zone was followed by several criteria. There is a constant demand - "What will be the basis of the industrial zone in Georgia?" Say in this situation on several occasions that "stick with two ends, or as there is positive, negative unilaterally. One might think that the surplus aside and make another advantage, it is good or not FIZGeorgia.

Let's talk about the anticipated risks and problems of establishing the free zone economic

Founding Director of FIZ is followed by spending in the first phase, since the payment of taxes, the family income decreased.
The legal regulation attractive free trade area to turn into investments, a particular region of the country at the expense of others. These regions are less interesting from the point of ruining the investment horizon. This can lead toThe opposition between the different regions, because people in one area can say they are oppressed and have no means designed for this.
It is defined by law, that the economic zone can be established in every region of the country will open in May in each region. This is exactly where the experts see the danger as the basis of FIZ is possible in the border areas where ethnic diversity, while the economy has EPZTheme of our country and fully integrated, it will be possible for the territories of neighboring countries from an economic perspective.

is negative, because a zone without any control of the country in which trade can be controlled, such as sections of the Roki - Down Zaramaga and eagles - Gantiadi. It 'very difficult to implement custom controls
is necessary to provide specific security measures may be because the production includedField area to the market through illegal means. E 'need to reduce the input and the maximum and opportunities posed by surveillance. There is the risk of smuggling in the economic zone. They see the danger the existence of shell companies to consider how much money himself. Although the authors intend to make calls in the law to avoid this danger.
EPZ increases the risk of giving a recycling "of money. There are many ways to"Recycling" of money. Cash transactions, the illegal use of banks and other financial institutions, expensive, movable and immovable property, gambling, considered a classic. The best way to "lighten" the money is in the process of privatization and free zones. A free zone is the best way for the entry of smuggled goods by road.
It is well known axiom that in countries where economic liberalization,The opening of borders, the development of transit, access to foreign investment, a growing movement of natural persons are in progress in countries where a relatively large proportion of the population is abroad and the countries of evil, surrounded by the possibility of "whitening", "Black" Money is very high.
Georgia "met" almost all the above conditions and may be one of the areas of "recycling" of money. The fact that so-called off-shore, symbols"Recycling" of money into the activities of Georgia, which increases the risk.

In my opinion, the danger of "recycling" of money in the FIZ is superior in the whole territory of Georgia, the anticipation that the record companies, like banks FIZ prohibited. I think this process is under way in Georgia today, however, because foreign investors who do not belong to their sources in Georgia by the number of holders of capital transparent. In fact, there are capital flows civilGeorgia. The capital will be invested by listed companies in the marine areas (eg, Marshall Islands, and Virginia), and this obviously means that are questionable.

Industrial Free Zone, in my opinion, supports the growth of inflation. Foreign investment is FIZ. This figure will increase with the growth of the foreign body in the country that has devalued in Lari, and is bad for exports.
There is no political stability in Georgia, the rights ofThe owners are abolished and the staff is not qualified. Permanent changes in the legislature is still in progress. Therefore, there is a risk of injury to predict the business climate in the absence of foreign capital FIZ called doubt that the country runs as fast as the economy worsened slightly to cause economic disruptions and funding in place.
There is a risk in choosing an operator. FIZ not b together, if the operatornot recognized in the world and a successful investor in this company. To be together, it is also necessary for the Georgia FIZ part of the world's industrial infrastructure and integrated production chain.

The creation of an industrial zone has its positive side. There are great opportunities for business expansion and growth. E 'possible to develop the region and set to zero the tax will be a new impetus for the sale of the company.

A positiveWebsite of the industrial area is also the fact that disruptive technologies and know-how to enter the country.

Increasing the supply of foreign currencies, since the objective is the capital of nature will pay the site is low. Inflow of investment has the potential for social and economic development. Investments grow to create jobs, relatively - employment.

The creation of an industrial zone in Georgia, wheresay, is not determined by the impact of the budget, it is necessary that the investment opportunities and attractive environment for businesses and new jobs.

You can increase the potential of the processing area for export. The majority of production will be produced for export, are certainly Georgia, Lari, as firming of the country meant to offset the increase in export prices and the deterioration of taxation. For example, data on imports and exports by 32% in1995, 2000, increased by 46%, is now reduced to 23%. From 1995 to 2007 has increased the volume of exports has been viewed 8 times and 11 times - import. WIP listed in the same period increased from 3.9 billion to 17 billion Laris say 4.36 times, while the actual WIP increased by only 2.1. Offset exchange rate has caused the deterioration of taxes. Only 10% of output is produced by FIZ be licensed in Georgia, the others will be exportedother countries. This will lead to improvements offset the tax.

Industrial zone - in terms of territorial integrity. FIZ aimed at territorial expansion. Challenges relating to 5-10 years. FIZ membership Guria, Samegrelo working properly, Guria, Sukhumi, Ochamchira. The separatists will not be able to block all property of the FIZ. For example, invited breakaway Turkish Republic of Northern Cyprus to have a thriving economy of Cyprus.

For expertsThe spirit, economic integration is necessary. Need of joint investment with Abkhazia and the Alans. The creation of these areas are carried out in the central regions of conflict LOB play a positive role in regulating the issue of conflict. Although this is only a dream, now, as is known to be a good control and stability. And 'the realization of good governance is possible in areas of conflict, and investors have a sense of stability isreally possible, the success FIZ. In fact, today, is a utopia, but we can not exclude that in the future.

Creating an industrial free zone has already been decided and will be activated shortly. FIZ should stimulate economic development in Georgia, although the opening of the industrial zone is not surprising, did not create their profit expectations, is a continuous process, the first results in 5-10 years.

Century Modern is theGlobalization. A process of economic globalization in the world will not be prevented from Georgia, and will be gradually integrated into the world of business. The process of our minds, already begun. Creation of Export Processing Zone suggests.

Government of Georgia, the law on the global competitiveness of the financial sector, "the foundation of financial supplies. The main purpose of this law is the integration of Georgia in the global financial system.Items for the transformation of "revolutionary package of legislation which established the offshore area badly in Georgia. We believe that foreign banks and assets for every ten million. Under the legal framework adopted in the section, advantages of banks for 100 million dollars, are not taxable. On the other hand, affects the provision of the rule of the taxation of banking, financial transactions, capital and so on.

What is the object of finding a financial center in Georgia in the framework of the financial centersLondon, Milan and Hong Kong are at the highest level of development and need not a representative of Poti. We provide havens and I really appreciate the conditions that may prevent his election in Georgia. Although not sufficient, given that foreign investors a lot of attention in countries with stable economic and political backgrounds, the type of Georgia that is not appropriate. There is no institutional infrastructure, technical and economic mechanism of protectionThe property is very low in Georgia.

However, Georgia's integration into the global economic dominance is inevitable and that it is a matter of time, because under conditions of globalization, for a total of any national government can not exist without space total economic and financial analysis.

Recommend : Sharp Aquos Lcdtvs

Free Economical Zone Transformation in Georgia

There are a lot of free economic zones in the world. Which priorities will be to form Free Industrial Zone in Georgia, and what is it coordinated?

We can be the country's geographical location, the proximity to Azerbaijan, Armenia, Russia, Turkey, Ukraine, and markets of Central Asia believe that prior to the formation of Free Industrial Zone. It is also envisaged that the direct neighbor of Georgia on the Black Sea is Euro Union.

It must be mentioned that the portPoti is the biggest in the Black Sea region. It is the largest port services Caucasian dry cargo, it is situated in the corridor TRASECA and the most important part of the Caucasian Transit Transport Web. The harbor is through a direct view of the sea towards Europe and Asia's largest ports, is connected, has direct ferry connection with Ukraine, Russia, Bulgaria. The port is connected to the railway network in the country, it is with every Georgian city with the automobile road is connected, has relationships with potentiometerAirport and the international airport in Batumi. This port city offers all types of cargo. It is ISO-9001-2000.

Poti port can expand conductivity and serves more than 25 million tons of cargo annually.Together the geographical location, proximity to the international transit arteries and cheap labor are also looking at the front.

They are on free industrial zone on 400 hectares and is adjacent to the harbor from the north to open and followed the sea beachLine.

That provoked advantage position of the free economic zone and an extremely liberal legislation needs to attract foreign investment, the investment environment in Georgia is not very attractive from the various angles. First, the definition of the investment environment is the size of a market. Larger the size of the market is more attractive. Georgian market is no different with large scales.

The second factor is the law. Georgian legislation is liberal.Heritage Foundation holds us to be attractive country in that direction. According to the index of economic independence, Georgia 32nd Takes place. This means that it has fairly liberal barrier for the ad business and industrial initiatives in Georgia.

An interruption factor is political instability. It is known that the fee guarantees Inventor great attention to the political stability and investment. One problem for the territorial integrity of our country, leading toGeorgia under the permanent danger of war is also added to all, mentioned above.

There are some problems from the point of executing law. Fixed facts suppressing private property influenced negatively upon investment surrounding. It is important to provide profitable activities and creation of the mechanisms of legislative protection.

Qualification of working forces is also a serious problem. it is very low in Georgia. Intellectual resource is also reduced.

Main reason of Creation of a free industrial zone is to facilitate investment, growth of business activity and employment in the region to achieve. This country has the advantages of financial conditions form to the investors for making their choice in favor of Georgia, among many others. We will see in the future, how much success the functioning of the free industrial zone, and if instead of inflow of investments.

Call for free industrial zones offshore Ones. These are the areas whichunder the dubious eyes of all, because it is less uncontrolled. Its facility in Georgia was followed by opposition and critical dependence. The majority of Georgian experts have a negative function of free industrial zones, as is assumed to be the sphere of action without reducing the private interests of certain persons for whitening 'black money', sales of capital, as a way of avoiding regulations and taxes, perspective which is very doubtful in Georgia. To their eyes, it isunderstand why there is no need for the establishment of free economic zone in the country in which it has been made important steps towards liberalizing the economic and industrial environment. Full liberalization of foreign trade was in the 90s. This meant that the export was released from the tax. Duty-free cuts, such as quota and licensing were abolished. Since 1998, monetary operations have complete independence. In 2006, they reduced high tariffs. Today, customDuties on agricultural production 12%, based on construction materials - 5%, others are set to zero. It simplified licensing and rights at the beginning of industrial activities and their implementation. A professor who encourages economic expert Vladimir Papava: "creation of a free economic zone under conditions of free economy is the invalid step. Just for this I think is the creation of free economic zone in Georgia is nonsense."

He finds the following statement about his views. There aretwo types of countries in the world - those who suffer from excess investment and for it from them. Surplus countries to strengthen domestic investment investor in its free economic zone. That is, the land forms such conditions that the investor invests money in the free zone on the territory of his country and not take it out of him. Creation of free economic zones, hardens in the land hunger of the investment in the situation, as the investor does not come into theCountry itself, but in the zone. Local investor will try to do the same. Georgian economy is not fixed and ruin the creation of free economic zone economy of the whole country.

The expert Temur Giorkhelidze writes: "The fact something that is of a whole town and country is done will be raised is an illusion. A zone is not the international capacity. Insufficient development of the industrial environment in all the territory of the country in to cause chaos in this zone! "

The authors of theProject and supporters of the foundation of the FIZ estimate of its founding as positive and believe that Georgia will be better developed and easier to overcome poverty if the economy is open and liberal.

The author of the bill Kakha Benduqidze considers to be such a zone, to increase business activities in the Georgian regions required. This is industrial area with high technologies and the manufacturing industry, working in the industrial people in the neutral regime, to do somethingadditional impetus for the provision of their business.

Deputy Minister for Economic Affairs Vakhtang Lezhava writes: "It is very liberal system of economic regulation in Georgia. Main aim Free Industrial Zone is the creation of a liberal industrial environment in the specific area of the country towards real employment will be targeted." Lezhava calls that "Georgia is not in the off-shore zone is converted, there are no prerequisites for this." After the government declaration,bring increased economic free economic zone, the country is.

Thus the creation of free industrial zone was followed by various criteria. There is a constant question - "What will bring bases of the Free Industrial Zone in Georgia?" say in this situation many times that "a stick with two ends" or are there like this as positive, so one-sidedly negative. You must analyze which side surpluses and other decision-making advantage, it is positive or not found at FIZGeorgia.

Let's discuss the expected risks and problems of establishing free economic zone:

Founding Director of FIZ is followed by expenditures in the first phase, because the tax payments, and household income reduced.
Attractive statutory regulation of free commercial zone will be inflected for investment, a specific region of the country at the expense of others. This is less interesting regions from the point of ruin pf investments. This can lead toOpposition among the various regions, as people in this or that region can say that they are oppressed and have no way designed for the present.
It is defined by statute, that the free economic zone can be established in every region of the country, it is possible to open them in each region. That is exactly where the experts see the danger as the foundation of FIZ is possible on the border areas, where there is ethnic diversity, such as Free Industrial Zone comes from economicDomain of our country and it will be possible to fully integrated, for the territories of neighboring country from an economic standpoint.

it is negative, since a further uncontrolled area of the country in which trade can not be controlled, as will those sections of the Roki - Down Zaramaga and eagles - Gantiadi. It is very difficult to implement custom controls
it is necessary to foresee specific measures of security that can not be because the production on the suppliedArea of the zone to the internal market through illegal ways. You need to reduce input and maximum and opportunities posed by closely monitoring. There is a risk of smuggling in the free economic zone. They see the danger in the existence of the fictitious companies to consider how much money himself. Although the authors of the plan call it leverage in the law to avoid this danger.
Free Industrial Zone is increasing the risk of giving a "whitening" money. There are a lot of methods to"Whitening" money. Operations with cash, illegal use of banks and other financial institutions with expensive operations, movable and immovable property, gambling, considered as a classic procedure. The easiest way to "lighten" money is in the process of privatization and the free zones. A free zone is the best way for the entry of goods on the way contraband.
It is well known axiom that in those countries where the liberalization of the economy,Opening of borders, transit development, entry into foreign investments, a growing movement of natural persons are under way in countries where relatively large proportion of the population is abroad and the countries of malevolent, surrounded the possibility of "whitening" "Black "money is very high.
Georgia "met" almost all of the above condition and can be one of the zones for "whitening" money. The fact that constitute so-called off-shore companies, the symbols"Whitening" money activities in Georgia, increased this risk.

In my opinion, the danger of "whitening" money in the FIZ is greater than in the entire territory of Georgia, the anticipation of the fact that the registration of such companies, since the banks prohibited FIZ. I believe that this process is under way in Georgia is today anyway, because foreign investors, which do not belong to their sources in Georgia by the number of transparent capital owners. In fact, there is no civilized capital flows inGeorgia. The invested capital will be registered by the companies entered into off shore areas (eg, Marshall Islands, and Virginia), and this of course means that they are doubtful.

Free Industrial Zone, in my opinion, supports the growth of inflation. Foreign investment comes FIZ. This will rise to the growth of the masses of foreign currency in the country that there be devalued in the context of lari, and that is bad for exports.
There is no political stability in Georgia, the rights ofThe owners are abolished and the workforce is not qualified. Permanent changes in the legislature is still in progress. Accordingly, there is a risk that the detriment to predict business environment, short of foreign capital of FIZ called doubtful that the country will run out as fast as the economy deteriorated a bit in order to provoke and to finance economic destabilization in force.
There is a risk in selecting an operator. FIZ not b together, if they Operatornot recognized worldwide and a successful investor in this business. For being together, it is also necessary to Georgian FIZ part of the industrial infrastructure of the world and integrated production chain.

Creation of Free Industrial Zone has its positive sides. There are great opportunities for expanding and growing business. It is possible to develop backward region, set to zero and the tax regime will be further impetus for the provision of company.

A positivePage of the Free Industrial Zone is also the fact that the leading technologies and know-how is to enter the country.

It will increase inflow of foreign currency, since the goal is the capital in nature moves to the place where it is low pay. Inflow of investment has the potential for economic and social development. The investments will grow to provide for the creation of jobs, relatively - employment.

Creation of Free Industrial Zone in Georgia, when shesay, is not calculated for the fiscal impact, it is necessary to investment opportunities and attractive environment for new businesses and new jobs.

Can be increased with the free industrial zone export potential. The bulk of production will gradually be produced for export, are definitely for Georgia, as firming Lari in the country to compensate resulted in the increase in prices for exports and the deterioration of taxation. Thus, for example, data for imports and exports by 32% in1995, in 2000, it was up to 46%, for today it is reduced to 23%. From 1995 to 2007 increased the volume of export has been 8 times and viewed 11 times - for import. Nominal WIP in the same period has increased from 3.9 billion to 17 billion Laris ie 4.36 times, while real per WIP was increased only to 2.1. Compensate for the currency exchange rate led to the deterioration of taxation. Only 10% of production is manufactured in FIZ be allowed in Georgia, others will be exportedother countries. This will provoke improvements offset the tax.

Free Industrial Zone - in terms of territorial integrity. FIZ is aimed at territorial expansion. The area duels in 5-10 years. FIZ when joining the Guria, Samegrelo works successfully, Guria, Sukhumi, Ochamchire. Separatists will not be possible to block all the good of FIZ. For example, requested Turkish separatists of Northern Cyprus to take a successful economy of Cyprus.

To the expertsSpirit, economic integration is necessary. You need to joint investment projects with Abkhazians and Alans. The creation of these areas will lead to the central lob in the conflict regions, will play a positive role in regulating the issue of conflict. While this is only a dream today, as it is known to be a very good control and stability needed. Is the achievement of good administration is possible in the conflict regions, and investors have a sense of stability, it isreally possible, FIZ succeed. In today's reality, it is utopian, but we can not exclude that in the future.

Creation of free industrial zone has already been decided, and it will be activated very soon. FIZ is expected that a momentum for economic development in Georgia, although the opening of the Free Industrial Zone No wonder, it has not put its profit expectations, it is an ongoing process, the first results in 5-10 years.

Modern century is theGlobalization. A process of economic globalization in the world will not be prevented from Georgia, and it will be gradually integrated into the world economically. The process has to our minds, already begun. Establishment of the Free Industrial Zone suggests.

Georgian Government, the Law "On the global competitive capabilities of the financial sector," the foundation of the financial center provides. The main objective of the Act is the integration of Georgia into the world financial system.Items with the processing of "revolutionary package of legislation establishing prejudice offshore zone in Georgia. We believe foreign banks and asset per ten million dollars. According to the article will adopt in the legal, benefits the banks up to 100 million U.S. dollars are not taxed. In addition, affect the provision of the rule of the taxation of banking, financial transactions, capital and so on.

How much does it matter to find a financial center in Georgia against the background as the financial centersLondon, Milan and Hong Kong are at the highest level of development and do not need a representative in Poti. In the case when we give them the tax haven and really benefit conditions they can stop their choice on Georgia. Although it will not be enough, since foreign investors pay great attention to the countries with different economic and political stability, the class of Georgia that is not appropriate. There are no institutional, technical and economic infrastructure and a mechanism to protect theProperty is very weak in Georgia.

Even so, the integration of Georgia into the world economic domain is inevitable and that's just matter of time, because under the conditions of globalization, a total of no national government can exist without a total financial economic space.

iPod Touch Sumsung Lcd Tv aLoans For Badcredit laser treatment for varicose veins