Insights

Market notes

Short notes on the economy and investment climate in Georgia, Armenia, Azerbaijan and Kazakhstan, written for investors and business owners.

November 2026 · Georgia Georgia’s economy grew 7.4% in the first nine months of 2026 Geostat data show steady, broad-based growth, exports up 19.6% and an upgraded EBRD forecast. What the numbers mean for investors. Read the note → September 2026 · Middle Corridor The Middle Corridor: what it means for investors and traders Freight between China and Europe through the Caucasus has grown roughly eightfold since before 2022. The infrastructure has not kept up, and that gap is where the opportunity lies. Read the note →