On July 13, a Memorandum of Understanding was signed between the ISET Policy Institute and JSC BIA. The BIA is a subsidiary company of Alliance Group Holding, which manages the largest continuously updated business information database. This aggregates information from more than 23,000 the most active companies registered in Georgia. It supplies the local companies and international business information companies, credit rating agencies, with all relevant business information (www.bcat.ge).

On July 13, a Memorandum of Understanding was signed between the ISET Policy Institute and JSC BIA. The BIA is a subsidiary company of Alliance Group Holding, which manages the largest continuously updated business information database. This aggregates information from more than 23,000 the most active companies registered in Georgia. It supplies the local companies and international business information companies, credit rating agencies, with all relevant business information (www.bcat.ge).

The document was signed by Eric Livny, President of the ISET Policy Institute, and Aieti Kukava, CEO JSC BIA. The Memorandum envisages planning and implementation of joint projects and research activities.

“BIA is a private company which understands the value of economic research in long run development of the country …,” – explained Mr. Kukava before signing the Memorandum. The director of BIA emphasized the role of the ISET Policy institute in analysis. He further complimented the quality of the Institute’s work thus far, and expressed his hope for more intensive and deeper cooperation between the two institutions for the benefit of the Georgian economy.