On 27 June 2014, Georgia and the EU signed the Association Agreement (AA), including the Deep and Comprehensive Free Trade Agreement (DCFTA), which fully entered into force on 1 July 2016. The goal of the DCFTA is to provide a framework for new trade opportunities, enhance competitiveness in the business sector, and support closer economic integration between Georgia and the EU based on reforms in trade-related fields.

There will always be “winners” and “losers” in a market economy, which entails constant competition between companies for access to limited resources. The loser in this case is a company that is unable to pay its financial obligations on time and thus becomes insolvent.

On May 22nd, the ISET Policy Institute, with the valuable support of the Swedish government, conducted a basic online course on the topic of green economy exclusively for local government officials.

Digitalization can be defined as the process of change that digital technology causes or influences in all aspects of life. For businesses, it implies digital improvements which alter business models, alongside the way in which products or services are manufactured and delivered.

In the framework of mentorship, on May 18th, ISET Policy Institute met with the Georgian Cold Storage and Logistics Association (GCSLA) to discuss the challenges in the cold storage supply chain in Georgia and explore potential solutions to address these issues.