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ISET Economist Blog

A blog about economics in the South Caucasus.
Jul
09

Great Expectations: Does the DCFTA Really Boost Georgia’s Economic and Export Potential?

On June 27, 2014, Georgia and the EU signed an Association Agreement (AA) and its integral part – the Deep and Comprehensive Free Trade Area (DCFTA). On July 1st, 2016, DCFTA fully entered into force. Until then, trade between Georgia and the EU was regulated by the Special Incentive Arrangement for Sustainable Development and Good Governance that contained a Generalized System of Preferences+ (GSP+) agreed to in 2005.  GSP+ covered 7,200 products for which the customs duty was reduced or eliminated when exporting to the EU market. It is w...
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Recent Comments
Guest — HansG
interesting post __ a factor you are missing is that the ban on ownership of agricultural land for non-Georgians is not conducive ... Read More
Tuesday, 10 July 2018 11:11 AM
Salome Deisadze
Dear Hans, thank you!Indeed, the ban on ownership of agricultural land for non-Georgians should be considered as the hindrance for... Read More
Tuesday, 10 July 2018 1:01 PM
Guest — DavidLee
The European Business Associations mission is: To advocate/lobby for European Businesses in Georgia;To facilitate the development... Read More
Thursday, 12 July 2018 2:02 AM
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May
02

Will Georgia Be Able to Benefit from Bilateral Free Trade Agreements?

The Deep and Comprehensive Free Trade Agreement between Georgia and the EU, brought into effect in 2014, was hailed at the time by many as being of great importance to Georgian manufacturers and food/beverage producers. Yet, skeptics commented that 1) Georgia had already have more than 7000 articles duty-free and quota-free under the pre-existing GSP+ trade terms granted by the EU for many years, and 2) very few exporters had been able to take advantage of these concessions. Georgia’s wine and spirits exports are an excellent case in point. While constit...
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Florian Biermann
I am wondering what is the significance of wine for Georgian agriculture. To my knowledge, the maxium possible amount of land was ... Read More
Wednesday, 04 May 2016 11:11 AM
Simon Appleby
I did some back-of-the-envelope calculations in 2014, which indicated that if one considered both table grapes and wine/brandy/cha... Read More
Wednesday, 04 May 2016 12:12 PM
Simon Appleby
Direct from the horses mouth, Hiro Tejima, Wine Australia’s Head of Market for Asia Pacific, discusses the impact of the Korean an... Read More
Wednesday, 11 May 2016 5:05 AM
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