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Genadi Arveladze: Further Georgian Products are Introduced at EU Market and This Trend will Continue

Deputy Minister of Economy and Sustainable Development, Genadi Arveladze delivered a speech at the EU-Georgia Parliamentary Association Committee at the European Parliament in Strasbourg, where the Deputy Minister talked about the progress and challenges in the process of the implementation of Deep and Comprehensive Free Trade Area Agreement (DCFTA).

The Deputy Minister addressed the members of the Committee and stressed that the trade turnover of Georgia with EU member states in the year 2018 reached the highest level in the history of Georgia-EU trade relations.

“We talked about the activities implemented in 2018 as well as the challenges that we will face in the coming years, especially in terms of SMEs – we considered regulations and laboratory studies to be introduced in the agriculture sector as well as the infrastructure of the quality. This year we have already state supervision on the industrial and consumer goods,” – the Deputy Minister stated after the Committee session.

The Deputy Minister noted that conversation also covered the changes related to the customs and geographical indications that were implemented this year as well. “We have also provided the Committee members with the information on the legislative amendments that have been implemented in the direction of the labor security and the reforms to be introduced by the end of the year,” – Arveladze said.

According to the Deputy Minister, the year of 2018 was the most distinguished year in terms of the introduction of the Georgian markets at the EU market – the value of the export reached 730 million USD, which is an unprecedented amount. “This means that more and more Georgian products are introduced at the EU market and we believe this trend will be maintained in the future as well,” – Genadi Arveladze stated.

The EU-Georgia Association Parliamentary Committee is composed of the members of the Parliament of Georgia and the European Parliament. This body is one of the institutional frameworks that establish grounds for the implementation of the Association Agreement and co-operation between the EU and Georgia, along with the Association Council and Associate Committees operating in the executive branch. Its main objective is to supervise the implementation of the Association Agreement and promote Georgia’s integration into Europe.

The committee discusses the relations between the EU and Georgia, implementation process of the Association Agreement, the progress and challenges in democracy and human rights, introduction of the visa-free process, implementation of the DCFTA and its impact on the economy and agriculture development.

Deputy Ministers of Economy and Sustainable Development Natia Turunava and Genadi Arveladze are visiting Strasbourg to participate in the EU-Georgia Parliamentary Association Committee at the European Parliament.