Implementation Of Free Trade Agreement Between Georgia, China Discussed At Joint Commission Meeting
(MENAFN- AzerNews) The implementation of the Free Trade Agreement between Georgia
and China over the past five years was discussed on Friday by the
Georgian Deputy Economy Minister Genadi Arveladze and Han Yong, the
Department Head of WTO Affairs of the Chinese Commerce Ministry, in
a joint commission meeting held in the Georgian capital Tbilisi,
Azernews reports, citing Agenda.
The parties emphasised the achievements of bilateral trade and
economic cooperation and“positively assessed” the progress made
since the conclusion of the Free Trade Agreement in January 2018,
with the Georgian side stressing that China had been Georgia's“top
trading” partner during the previous three years.
Since the implementation of the Agreement, the exports to China
have increased“significantly”, including several new export
products such as orthopaedic and surgical equipment, dry fruits,
spices, coffee and tea extracts, Arveladze noted.
The meeting also touched on the promotion of the export of wine
and other alcoholic beverages from Georgia to China, the Ministry
of Economy said.
The Deputy Minister also added that under the 2022 export
figures, China, among Georgia's largest foreign trade partners, was
in first place with a 13 percent share of the country's total
exports.
---
MENAFN08072023000195011045ID1106573027
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.