Georgia looks for free trade deal with India

National Bank of Georgia and other central banks from the Eurozone shared their experience using the portfolio management system. Photo by N.Alavidze/Agenda.ge
Agenda.ge, 06 Apr 2017 - 12:01, Tbilisi,Georgia

Georgia seeks to establish a free trade regime with India in order to access to its markets and increase bilateral business and trade.

Today during the Government meeting the Prime Minister of Georgia Giorgi Kvirikashvili raised this issue and the potential benefits of a Georgia-India free trade deal.

We have free trade deals with our neighbouring countries – Turkey, European Union (EU), European Free Trade Association (EFTA) countries [Switzerland, Norway, Iceland and Liechtenstein]. In near future we will sign free trade deal with China and Hong Kong. Now we want to survey India [to explore free trade opportunities with this country],” said Kvirikashvili.

For this reason, Georgia’s Minister of Economy Giorgi Gakharia will lead a delegation to Delhi, India.

In a few months an economic study will be done, and we will use the results to shape our free trade negotiations with India. This is a very important issue because Georgia has all potential to become a regional trade hub and we should use this opportunity to our advantage,” Kvirikashvili said.