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ბიზნეს მედია - Bank of Georgia
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NBG’s role in BARTA grows significantly this year - NBG Vice President

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The BARTA competition has become a key platform for showcasing best reporting standards and high levels of transparency in Georgia’s corporate sector, said Ekaterine Mikabadze, First Vice President of the National Bank of Georgia (NBG), commenting on this year’s Best Annual Report and Transparency Award (BARTA) competition and the NBG’s role in its implementation.

“The National Bank of Georgia has been actively involved in the BARTA process since its inception, and this involvement has increased even further this year. For the NBG, as a regulator, this is extremely important because compliance with standards and a high level of transparency are fundamental to the financial sector and the capital market. Supervision is based entirely on adherence to the best reporting principles,” said Mikabadze.

According to her, the BARTA competition represents the culmination of one of the most important reforms in Georgia and serves as a platform for demonstrating strong transparency practices.

She noted that the scale of the competition is expanding annually, driven by active engagement from local supervisory bodies.

“The participation of so many stakeholders means a significant increase in coverage. We are able to show more organizations the opportunities that BARTA offers for enhancing their transparency. BARTA is not only for large companies—new and smaller companies are also making notable progress, which is reflected in the ‘debutant’ and ‘improved reporting’ nominations. They can achieve major breakthroughs, and BARTA serves as a platform for them, while also helping us identify these opportunities,” she said.

BARTA 2025 is open to first-category companies and public interest entities. Applications will be accepted until November 30, and winners in 10 nominations will be announced at the awards ceremony in February 2026.

The information was released by the National Bank of Georgia.

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image With the Permanent Secretary of the Ministry of Transport of Singapore we discussed issues related to cooperation in maritime and aviation sectors, including launching of direct flights - Tamar Ioseliani

25.11.2025.17:00

Tamar Ioseliani, Deputy Minister of Economy and Sustainable Development, held a meeting with Lau Peet Meng, Permanent Secretary of the Ministry of Transport of Singapore. The meeting was held within the framework of the International Maritime Organization (IMO) Assembly in London.

Deepening cooperation between Georgia and Singapore in the directions of maritime digitalization, the development of green ports, and sustainable transformation were the key points of emphasis during the meeting. Special attention was paid to safety systems, hydrographic services, human capital development, and innovative projects.

“It was a very productive meeting; we discussed a number of important issues. From our side, we highlighted the Middle Corridor as a key transport-logistics route connecting Asia and Europe, and Georgia’s importance in its development process. We welcome the sharing of Singapore’s experience in the field of port efficiency and logistics optimization” – Tamar Ioseliani commented.

The Deputy Minister of Economy and Sustainable Development, the meeting with the Permanent Secretary of the Singapore Ministry of Transport also covered the deepening of cooperation in the civil aviation sector, including the issue of direct flights between the countries. Tamar Ioseliani highlighted the growth dynamics in Georgia’s civil aviation sector and the work undertaken regarding market diversification. As she noted, based on data from the first 9 months of this year, a record number of flights were performed at Georgian airports: regular flights amounted to 22 125, while charter flights equaled to 6556.

“The conversation also covered the progress of such important, large-scale infrastructure projects as the new Vaziani International Airport and the Anaklia Deep Sea Port, and their role in terms of increasing connectivity between countries” – Tamar Ioseliani noted.

Furthermore, according to the Deputy Minister, Georgia is ready for a long-term partnership with Singapore that will promote digitalization, green development, safety, and maritime innovation. As Tamar Ioseliani noted, Georgia is implementing complex digital reforms, including the development of the Maritime Single Window and Port Community System and the Singapore’s experience in creating a fully integrated digital port ecosystem is particularly important for Georgia.

“Georgia attaches great importance to our cooperation and sees strong potential for deepening the partnership, especially under the conditions where significant reforms are underway in the maritime sector in the country” – Tamar Ioseliani noted during the conversation with her Singaporean colleague.

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