Georgia actively works on further liberalization of foreign trade
Baku, Azerbaijan, September 5
By Tamilla Mammadova – Trend:
The Ministry of Economy and Sustainable Development of Georgia is actively working on further liberalization of foreign trade, including preparations for the signing of a free trade agreements with India and the UK, Trend reports with reference to the ministry.
Minister of Economics Natia Turnava presented the economic program to the Parliament of Georgia, where she talked about the issues important for the country's economic development, including negotiations on a free trade regime with countries, which are strategic economic partners of Georgia.
“Georgia is a leader among countries with liberal trade regimes. Products manufactured in Georgia have access to one third of the global consumer market in free trade, which is 2.3 billion consumers,” Turnava said.
According to her, in May 2018, a feasibility study of free trade with the United States was carried out, which showed positive results.
“Active consultations on trade issues at the expert level are ongoing to further deepen the dialogue on this issue, and we are very optimistic,” said the minister.