Georgia, Sweden implementing joint project to support SMEs
BAKU, Azerbaijan, May 21
By Tamilla Mammadova – Trend:
The European market is ready to import the products of Georgian companies, said the Head of Development Cooperation and Deputy Head of the Embassy of Sweden Erik Illes, Trend reports via Georgian media.
He noted that despite this potential, when speaking about the export of Georgian products there are a few obstacles related to logistics and the lack of information on how the European market works.
"There is also an obstacle in terms of the quality of products,” said Illes.
As reported, GEclose2EU, a joint project of Sweden, the Economic Policy Research Center and Enterprise Georgia, supports small and medium sized enterprises in Georgia and tries to diversify the Georgian economy by working with companies in different fields including agriculture, architecture, interior design, business consultancy, and information technologies.
Illes noted that the aim of the project is to support the development of Georgian companies, help them find new markets and to use the Deep and Comprehensive Free Trade Area (DCFTA) agreement with the EU.
Illes noted that the project provides Georgian companies with many opportunities including technical assistance to companies in the apparel and toys manufacturing sector.
He noted the importance of environmental and social sustainability as a fundament of a business idea and a business plan.
Illes called on Georgian companies to work in networks and share experience in getting access to European market.
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