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Thursday, August 30, 2007

BLOOMBERG TV Exclusive With Georgia's Saakashvili This Weekend

BLOOMBERG TV Exclusive With Georgia's Saakashvili This Weekend

NEW YORK, August 31/PRNewswire/ --

This weekend on the BLOOMBERG TELEVISION(R) program "For the Record," Georgia President Mikheil Saakashvili and Bloomberg's Ryan Chilcote tour Georgia and discuss the country's economic liberalization, plans to improve infrastructure and the current political climate. The exclusive in-depth interview will air across the UK, Middle East, and Eastern and Western Europe on Saturday, September 1 at 11:30 GMT with repeats throughout the weekend.

In 2006, the World Bank dubbed Georgia under President Saakashvili 'the number one economic reformer in the world,' ranking the nation as 37th in its Ease of Doing Business Survey, up from 112th a year earlier. Under Saakashvili, Georgia has lowered export duties and liberalized manufacturing regulations to attract foreign direct investors to the region and counter the effects of the Russian Federation's undeclared trade embargo on Georgian goods since 2006. "Georgia will hopefully get to the top 20 places in the world ... Top 20 ... it's a very elite club," Saakashvili tells Bloomberg.

During the interview Saakashvili comments upon strained relations with Russia, which have escalated in recent weeks with Georgia's claim that a Russian military aircraft dropped a missile into the territory and its report, denied by the Russian Air Force, of firing on a Russian military aircraft that had crossed into Georgian airspace. Saakashvili tells Bloomberg, "Georgia has acted as a responsible European nation," and calls for a NATO investigation. U.S.-educated Saakashvili has garnered U.S. support for NATO membership in 2010. Georgia currently has two thousand troops at the Iraq border, the third largest supporter of the war behind the United States and the United Kingdom.

This exclusive news and follow up reports are available to the public on BLOOMBERG TELEVISION and BLOOMBERG RADIO(R) services worldwide, as well as to users of the BLOOMBERG PROFESSIONAL(R) service.

About Bloomberg Television

The BLOOMBERG TELEVISION(R) network is the only 24-hour business and financial network, produced and distributed worldwide on 11 separate channels in seven languages. BLOOMBERG TELEVISION programming is created and supported by the global BLOOMBERG NEWS(R) service with more than 2,300 professionals in over 130 bureaus.

About Bloomberg

Bloomberg is the leading global provider of data, news and analytics. The BLOOMBERG PROFESSIONAL(R) service and Bloomberg's media services provide real-time and archived financial and market data, pricing, trading, news and communications tools in a single, integrated package to corporations, news organizations, financial and legal professionals and individuals around the world. Bloomberg's media services include the global BLOOMBERG NEWS(R) service with more than 2,300 professionals in over 130 bureaus worldwide; the BLOOMBERG TELEVISION(R) 24-hour business and financial network produced and distributed worldwide on eleven separate channels in seven languages; and BLOOMBERG RADIO(R) services which provide up-to-the-minute news on XM, Sirius and WorldSpace satellite radio around the world and on WBBR 1130AM in New York. In addition, Bloomberg publishes BLOOMBERG MARKETS(R) magazine and BLOOMBERG PRESS(R) books for investment professionals. For more information please visit http://www.bloomberg.com.

Web site: http://www.bloomberg.com

Source: BLOOMBERG

Heidi Tan of Bloomberg LP, +1-212-617-5375, htan14@bloomberg.net


Profile: International Entertainment

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