Deputy Economy Minister highlights Georgia’s “liberal trade policy” at UNECE Committee meeting
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Georgian Deputy Economy Minister Genadi Arveladze on Tuesday highlighted Georgia’s “liberal trade policy and effective customs regulations” at a meeting of the Steering Committee on Trade Capacity and Standards of the United Nations Economic Commission for Europe.
The Ministry said Arveladze drew attention to the reforms that had been completed or were being implemented by his Government under the obligations taken up with the 2014 signing of the Deep and Comprehensive Free Trade Area with the European Union.
Arveladze told the Committee the Government was giving “incentives to Georgian small and medium businesses to develop further by using financial and non-financial instruments and programmes”.
He also singled out Government programmes aiming to help entrepreneurs enter export markets and diversify related products.
He also noted efforts in transport and logistics to develop domestic transit potential and promote trade.
Georgian Deputy Economy Minister Genadi Arveladze on Friday said Georgia’s foreign trade turnover in 2022 had reached the “record level”, with the turnover increased by 34 percent and amounting to $19.18 billion, including the increase of export by 32 percent constituting $5.59 billion.
Georgian Economy Minister Levan Davitashvili on Saturday highlighted the growing dynamics of trade turnover between Georgia and Uzbekistan in the post-pandemic period, in a meeting with Jamshid Khodjaev, the Uzbek Deputy Prime Minister.
Georgia Investment Forum, an event promoting the potential of the country for prospective investors from the United Kingdom, was hosted on Thursday in London.
Prospective investments in Georgian logistics, renewable energy development, business process outsourcing and information technology were discussed by Levan Davitashvili, the Georgian Economy minister, and Judith Pryor, the Vice-Chair of the Export-Import Bank of the United States, the Economy Ministry announced on Tuesday.