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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


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