Georgia raises transit duty by 75% 

Georgia has raised the duty for the use of its roads for transit freights by 75% from GEL 200 ($ 68) to GEL 350 ($ 119), Report informs.

The new tariff for cargo carriers will come into force on June 20 this year.

The new tariff will increase Georgia's revenue from transit freight sharply.

In January-April this year, the number of cargo transported in transit through the neighbouring country exceeded 116,000, and budget revenues amounted to 23.2 million GEL ($7.86 million).