Georgia, UK launching new project
BAKU, Azerbaijan, Sept.16
By Tamilla Mammadova – Trend:
Georgia and the United Kingdom are launching a new "UK-Georgia Trade Hub" project that will contribute to increasing trade and export opportunities between the countries, Trend reports via the Embassy of Georgia to the United Kingdom.
The project is designed to unite small and medium-sized businesses interested in entering the British market and simplify for them logistical and administrative services while helping them overcome difficulties.
Ambassador of Georgia to the UK, Sophie Katsarava posted on her official Twitter account that promoting trade between the UK and Georgia is one of the top priorities of the embassy.
Meanwhile, the UK is one of the largest foreign direct investors in Georgia, while Georgia was one of the first countries to sign a free trade agreement with the UK after the latter decided to leave the European Union, and the majority of Georgian products are now free from any customs charges.
The agreement of strategic partnership between the UK and Georgia was signed in October of 2019 in London. The document entails partnerships in various fields and, most importantly, a free trade regime between the two countries.
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