Georgia and the United Arab Emirates have held the second round
of negotiations on a comprehensive economic cooperation agreement
between the countries as part of a visit of Georgian officials, led
by Deputy Economy Minister Genadi Arveladze, in Dubai, the Economy
Ministry announced on Thursday, Trend reports citing Agenda.
The parties discussed trade liberalisation of goods and services
between the countries and the directions of cooperation in customs,
intellectual property rights, technical trade barriers and the
promotion of small and medium enterprises.
Significant progress has been achieved between the parties on
the text of the agreement, with the next round of negotiations
scheduled for March 2023 in Georgia.
The Economy Ministers of Georgia and the UAE agreed to launch
negotiations on the free trade agreement in December 2020, aimed at
promoting economic, trade and investment relations. The first round
of negotiations on establishing the free trade agreement between
the countries was held in Georgia’s capital Tbilisi in September
2022.
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