New Russian Embargo - Collapse for Georgian Economy or Historic Chance?
By Nika Chitadze, PhD, Director, Center for International Studies, International Black Sea University, Tbilisi
By Putin's order, flights to Georgia from Russia will be prohibited from July 8. Based on past experience, it can be mentioned, that this step from the official Kremlin may not be a catastrophe for Georgia and on the contrary, to be a chance for the better future. The opening of the Russian market during the last several years and the partial settlement of relations with Russia was considered as a means of growth of Georgia's economy, but the developments since 2013 have proved contradictory.
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| Markets | The Caucasus and the Black Sea
