Georgia, UAE conclude comprehensive economic cooperation negotiations
The document, signed by Georgian and UAE officials, includes an estimated date of signing the agreement officially after the completion of domestic procedures. Based on the agreement, Georgia will benefit from a free trade regime with the UEA, opening additional opportunities for the country [exporting companies] to access 10 million markets with “high purchasing power”. Photo via Economy Ministry
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Georgia and the United Arab Emirates concluded negotiations on the comprehensive economic cooperation between the countries, with Georgian Economy Minister Levan Davitashvili and Thani bin Ahmed Al Zeyoudi, the UAE Minister of State for Foreign Trade, signing the joint statement on Friday.
Davitashvili said it was “a very important day” for economic cooperation between Georgia and the UAE and noted the signing of the “very complex” document would be a “new stage” and “important foundation” for the development of the trade ties, the Economy Ministry said.
Photo via Economy Ministry
The document, signed by Georgian and UAE officials, includes an estimated date of signing the agreement officially after the completion of domestic procedures. Based on the agreement, Georgia will benefit from a free trade regime with the UEA, opening additional opportunities for the country [exporting companies] to access 10 million markets with “high purchasing power”.
The comprehensive economic cooperation agreement will cover many areas of trade and economics, including trade in goods, rules of origin and procedures of origin, customs administration and trade facilitation, sanitary and phytosanitary measures, as well as technical barriers to trade, trade protection measures, investment, trade in services, digital commerce and other issues.
The countries have held three rounds of negotiations, the final round was held in Tbilisi between March 15-17, with Deputy Economy Minister Genadi Arveladze representing the Georgian side.
Government delegations of Georgia and the United Arab Emirates on Wednesday met in the Georgian capital city of Tbilisi to launch the third and final round of their negotiations on a free trade agreement between the states, the Ministry of Economy of Georgia announced.
Georgian economy minister Levan Davitashvili on Tuesday said his government could sign a comprehensive economic cooperation agreement with the United Arab Emirates early next year in a bid to strengthen bilateral trade.
Georgia and the United Arab Emirates (UAE) signed an agreement on starting free trade negotiation during Dubai Expo 2020 earlier today, the Georgian Economy Ministry reports.
Georgia and the United Arab Emirates have held the second round of negotiations on a comprehensive economic cooperation agreement between the countries as part of a visit of Georgian officials, led by Deputy Economy Minister Genadi Arveladze, in Dubai, the Economy Ministry announced on Thursday.
Georgia and the United Arab Emirates have launched the first round of talks for establishing a free trade agreement between them as part of a visit of UAE officials in capital Tbilisi, the Georgian ministry of economy announced on Tuesday.
Georgian Prime Minister Irakli Garibashvili on Tuesday discussed investment plans with Mohamed Ali Rashed Alabbar, the founder and Managing Director of the United Arab Emirates-based real estate developer Emaar Properties.
Georgian Prime Minister Irakli Garibashvili on Tuesday said the comprehensive economic partnership agreement signed between Georgia and the United Arab Emirates earlier during the day had laid a “solid foundation” for the development of “stronger and consolidated” trade and economic relations between the countries.
Georgian Economy Minister Levan Davitashvili and Thani bin Ahmed Al Zeyoudi, the United Arab Emirates State Minister for Foreign Trade, on Tuesday discussed trade and economic relations, as well as the comprehensive economic partnership agreement signed between the two states earlier during the day.
The comprehensive economic partnership agreement was officially signed on Tuesday in Dubai by the Georgian Economy Minister Levan Davitashvili and Thani bin Ahmed Al Zeyoudi, the UAE State Minister for Foreign Trade.
Georgian Deputy Economy Minister Mariam Kvrivishvili and Abdulla bin Touq Al Marri, the Minister of Economy of the United Arab Emirates, on Thursday discussed economic cooperation during a meeting hosted as part of the General Assembly of the United Nations World Tourism Organisation in Samarkand, Uzbekistan.
Georgian Prime Minister Irakli Garibashvili and Thani bin Ahmed Al Zeyoudi, the Minister of State for Foreign Trade of the United Arab Emirates, on Thursday discussed bilateral relations and prospects for future cooperation.