A consumer protection bill stipulated by the Association Agreement signed between the European Union and Georgia has passed its first hearing in the Parliament of Georgia on Tuesday.
Warranties of consumer contracts, liability, warranty terms, repercussions of breaching service responsibilities and more are included in the bill, which additionally “establishes rules for prohibiting unfair commercial practices that violate the values of trust and good faith,” the country’s legislative body announced.
Maka Botchorishvili, the Chairwoman of the Georgian Parliament's EU integration committee, noted the law would establish major principles of consumer protection.
The Association Agreement between Georgia and the European Union stipulates commitments, which include the regulation of consumer policy at the legislative level [...] The introduction of European standards for consumer protection is important for the country's EU integration process,” Botchorishvili said.
In June 2014 the EU and Georgia signed the Association Agreement which included a Deep and Comprehensive Free Trade Area, which liberalises trade in both goods and services between the EU and Georgia.
The agreement deepened the country’s political and economic ties with the EU in the framework of the Eastern Partnership, which was launched in 2009 and united six Eastern European countries including Georgia.