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Georgian Mining Corp

Doing business in Georgia has become easier than in America

According to the Doing Business 2019 report published by the World Bank, Georgia ranked 6th among 190 countries in terms of simplicity of doing business. This was an improvement over two ranks compared to last year. Currently Georgia is the highest rated country in the European and Central Asian region and it’s now easier to do business in here than in Britain or America.

In regards to the report, Georgian Prime Minister Mamuka Bakhtadze and World Bank’s Regional Director Mercy Tembon held a joint press conference on Thursday. As Mamuka Bakhtadze noted, promotion in such important and prestigious international ratings will help strengthen the economy of Georgia, which will ultimately be the prerequisite for overcoming poverty in the country.

 

Georgian Mining Corp (LON:GEO) is an AIM listed copper & gold development and exploration company. The Company, along with its 50% joint venture partner, Caucasian Mining Group, operates in Georgia on the prolific Tethyan Belt, a well-known geological region and host to many high grade copper-gold deposits and producing mines.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.