In addition to the risk of the Ukraine War spreading to Georgian territory, the planned Russian naval base in Abkhazia could threaten Georgia's status as a global east-west connectivity hub.
The Armenian banking sector is booming thanks to the influx of Russian capital due to the war in Ukraine. But only a paltry amount is entering the Armenian economy.
As Georgia sees a surge in demand for cargo transit amid the Ukraine war, the government hopes to resume construction of a controversial deep sea port.
Nearly 10,000 Russian businesses have been registered in Georgia since the beginning of the war in Ukraine. Many of them are in places you wouldn’t expect.