Georgia begins free trade talks with India
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Georgia is taking action to establish a free trade agreement with India to access its markets and facilitate increased bilateral business and trade.
A delegation led by Georgia’s Minister of Economy Giorgi Gakharia is now in Delhi, India, to discuss free trade opportunities with local authorities.
The main purpose of the meeting is to sign a memorandum on launching the free trade feasibility study, which will be signed later today.
If the free trade deal is reached Georgian entrepreneurs will have access to India’s market that boasts a total of 1.3 billion consumers.
So far Georgia has free trade deals with Turkey, European Union (EU), European Free Trade Association (EFTA) countries - Switzerland, Norway, Iceland and Liechtenstein - and with the Commonwealth of Independent States (CIS) countries - Armenia, Azerbaijan, Kazakhstan, Kyrgyzstan, Moldova, Turkmenistan, Tajikistan and Uzbekistan.
Soon Georgia will sign a free trade deal with China and Hong Kong.
While in India Georgia’s Economy Minister also met with Indian Minister of State for Culture and Tourism where the officials discussed the possibility of opening an Indian embassy in Georgia, launching direct flights between the two countries and deepening cultural ties.
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.
A historic Georgia - China Free Trade Deal has been ranked 8th among China’s top ten main economic events of 2016, announced Georgia's Ministry of Foreign Affairs today.
Georgia, China start Free Trade from 2017
Today is a big day for Georgia and China. The countries have signed a Memorandum on finalising a Free Trade Deal that will come into play next year.
Two years after signing an Association Agreement, which includes a Deep and Comprehensive Free Trade Area deal with the EU, Georgia is now benefiting the free trade agreement with European Free Trade Association.
Georgia and India are establishing air connectivity to foster greater trade, investment, tourism and cultural exchange between the two countries.
Georgia and Hong Kong are signing a free trade agreement by the end of this month, Georgian Prime Minister Giorgi Kvirikashvili has announced.
Georgia and India are one step closer to launching free trade talks: a joint feasibility study on a free trade agreement has been completed, and confirms that such a deal would have a positive impact on the economic welfare of both countries.
Georgian Prime Minister Giorgi Gakharia and Ambassador of India Kishan Dan Dewal have discussed the establishment of an Indian Embassy in Georgia and the opportunities of concluding a free trade agreement between the two countries at the meeting held this morning, announces the government of Georgia.