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Georgia ranks 68 on Best Countries for Business list

By M. Alkhazashvili
Translated by Davit Kipiani
Friday, July 4
Georgia has been ranked 68 in the Forbes 2008 list of Best Countries for Business.

Armenia came in at 63 and Azerbaijan trailed behind at 82. Russia was ranked 86.

The survey analyzed the business climate in over 120 countries in terms of corruption, investor protection, economic policy and degrees of personal freedoms.

The top five ranking countries were Denmark, Ireland, Finland, the US and the UK.