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Parliament ratified the Free Trade Agreement between Georgia and China


The Parliament of Georgia ratified the Free Trade Agreement between Georgia and China. The hereby Agreement will allow Georgian entrepreneurs introducing own goods and services to the largest world market without bureaucratic impediments.

Besides, the agreement will facilitate to increase of trade turnover between the signatory countries. The document provides active cooperation in various directions and defines free trade conditions.

The Agreement facilitates to economic development of the country and better employment. Besides, the document will encourage entry of potential foreign investors to Georgia.

The negotiations on the agreement started on November 10, 2015 in China within the World Economic Forum after the meeting of the Prime Ministers of Georgia and China. Georgia is the first country in the region with free trade agreement with China.

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