Georgian parliament adopts Consumer Protection law
The newly-adopted bill defines regulations on consumer protection and prohibits “unfair commercial practices." Photo: Parliament of Georgia
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The Georgian Parliament approved a bill on Consumer Protection in a third reading with a total of 79 votes on March 29.
The newly-adopted bill establishes rules for consumer protection and prohibits “unfair commercial practices,” that violate the values of “trust and good faith.”
Nino Iobashvili, the Deputy Chair of the Parliament’s Committee on European Integration, said the new law was an “essential component” among the obligations under the EU-Georgia Association Agreement.
Adopting this law has a great importance in the process of harmonising our legislation with the EU’s legal framework,” Iobashvili added.
The National Competition Agency will be responsible to execute the Consumer Protection law.
The European Union and Georgia signed the Association Agreement in June 2014, which included a Deep and Comprehensive Free Trade Area, liberalising 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 Eastern Partnership framework, which was launched in 2009 and united six Eastern European countries, including Georgia.
A Georgian parliamentary delegation has discussed investment potential in Georgia for British businesses, as well as security situation in the Black Sea region, with officials and experts in London during an official visit to the United Kingdom.
Georgia has taken a monumental step forward and signed the Association Agreement (AA), which includes the Deep and Comprehensive Free Trade Area (DCFTA) with the European Union (EU).
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.
The security challenges and the current political and economic situation in the Black Sea region were discussed at the meetings of the committees of the Euronest Parliamentary Assembly on Tuesday in Yerevan, Armenia with the participation of the Permanent Delegation of the Parliament of Georgia.
The European Union has welcomed Georgia's adoption of the Law on Protection of Consumer Rights and the launch of its implementation, the National Communications Commission of Georgia announced on Friday.
The Georgian National Competition Agency is looking into a possible violation of consumer rights by USA2GEORGIA, a Georgian-based international shipping and parcel forwarding company, the state body said on Monday.
The Georgian National Competition Agency on Thursday said its study of the domestic glass waste collection and recycling market had identified “no risks of violation” of regulations in the sector.
Customers of USA2GEORGIA, a Georgian-based international shipping and parcel forwarding company, will not lose possession of their parcels due to payment deadlines while their complaints against the company are pending, following a ruling by Tbilisi City Court.
The Georgian National Competition Agency has confirmed the first violation of regulations in sales of hardware on the domestic market, after an electronics store sold an item without properly providing the customer with relevant information.
The results and challenges in consumer rights protection after the adoption of the Consumer Protection Law were presented by Irakli Lekvinadze, the Chairman of the Georgian National Competition Agency, in his report to lawmakers on Thursday.
Georgian Economy Minister Levan Davitashvili on Thursday highlighted the progress made over the recent years in developing “healthy competition” for the country’s business sector and ensuring consumer rights at the international conference Competition and Consumer Protection, hosted in the Georgian capital of Tbilisi.