From a trade perspective, the most important aspects of the EU-Georgia Association Agreement, signed on 27 June 2014, including the Deep and Comprehensive Free Trade Area (DCFTA), are the Sanitary and Phytosanitary (SPS) measures and the food safety standards and technical regulations required for access to European markets. Georgia’s export to the EU is still rather limited, and one possible cause for this deficiency, amongst others, is the limited capacity to comply with food safety regulations and standards. The DCFTA is, moreover, different from othe...
ISET Economist Blog
A blog about economics in the South Caucasus.
Jun
22
Jul
09
On June 27, 2014, Georgia and the EU signed an Association Agreement (AA) and its integral part – the Deep and Comprehensive Free Trade Area (DCFTA). On July 1st, 2016, DCFTA fully entered into force. Until then, trade between Georgia and the EU was regulated by the Special Incentive Arrangement for Sustainable Development and Good Governance that contained a Generalized System of Preferences+ (GSP+) agreed to in 2005. GSP+ covered 7,200 products for which the customs duty was reduced or eliminated when exporting to the EU market. It is w...
Recent Comments
Dear Hans, thank you!Indeed, the ban on ownership of agricultural land for non-Georgians should be considered as the hindrance for... Read More
Tuesday, 10 July 2018 1:01 PM
interesting post __ a factor you are missing is that the ban on ownership of agricultural land for non-Georgians is not conducive ... Read More
Tuesday, 10 July 2018 11:11 AM
The European Business Associations mission is: To advocate/lobby for European Businesses in Georgia;To facilitate the development... Read More
Thursday, 12 July 2018 2:02 AM
May
02
The Deep and Comprehensive Free Trade Agreement between Georgia and the EU, brought into effect in 2014, was hailed at the time by many as being of great importance to Georgian manufacturers and food/beverage producers. Yet, skeptics commented that 1) Georgia had already have more than 7000 articles duty-free and quota-free under the pre-existing GSP+ trade terms granted by the EU for many years, and 2) very few exporters had been able to take advantage of these concessions.
Georgia’s wine and spirits exports are an excellent case in point. While constit...
Recent Comments
I am wondering what is the significance of wine for Georgian agriculture. To my knowledge, the maxium possible amount of land was ... Read More
Wednesday, 04 May 2016 11:11 AM
I did some back-of-the-envelope calculations in 2014, which indicated that if one considered both table grapes and wine/brandy/cha... Read More
Wednesday, 04 May 2016 12:12 PM
Direct from the horses mouth, Hiro Tejima, Wine Australia’s Head of Market for Asia Pacific, discusses the impact of the Korean an... Read More
Wednesday, 11 May 2016 5:05 AM
Our Partners
