EU considers accrediting Georgian businesses
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The European Union (EU) is considering the possibility of accrediting Georgian businesses.
The decision came after a meeting between Georgia’s Prime Minister Giorgi Kvirikashvili and European Commissioner for Trade Cecilia Malmstrom which was held today at the European Commission, Brussels.
Meeting EU accreditation standards will enable Georgian businesses to land their products on the EU market.
During the meeting, the Prime Minister and the European Commissioner also discussed Georgia-EU trade and economic relations, and the utilisation of the opportunities offered under the Deep and Comprehensive Free Trade Area (DCFTA), and emphasised the progress that has been made in this direction.
Special attention was paid to the growing Georgia-EU trade dynamics, with Georgia’s export to the EU states in 2017 up 13 percent to make for a total of $647 million.
The positive investment trend was also emphasised, as reflected in a six percent growth of European investments to reach about $445 million in 2017.
The Georgian government says that today’s Georgia-EU Association Council meeting highlighted the fact that "since the last meeting of the Georgia-EU Association Council Meeting Georgia has achieved enormous progress and vital outcomes”.
Georgian Prime Minister Giorgi Kvirikashvili will participate in the European Union (EU) and Georgia Association Council meeting tomorrow which will be held in Brussels, Belgium. The progress achieved through the implementation of the EU-Georgia Association Agreement and the Free and Comprehensive Free Trade Area (DCFTA) will be discussed at the meeting.
The European Union (EU) and the Georgia Association Council meeting will be held in Brussels, Belgium on February 5. Georgian Prime Minister Giorgi Kvirikashvili will lead the Georgian delegation comprised of the members of the Cabinet.
Co-chair of the EU-Georgia Parliamentary Association Committee, a body which provides scrutiny of the implementation of the Georgia-EU Association Agreement, states that MEPs in the European Parliament recognize Georgia’s progress to the EU.