With EU financial and technical assistance, as well as training and education on cooperation and agribusiness, small farmers in Georgia are benefitting from economies of scale, cutting their production costs and increasing efficiency.
On the 18th of October, ISET Policy Institute together with its partner organizations: Georgian Farmers’ Association (GFA), Civil Development Agency (CiDA), Export Development Association (EDA), and Association Atinati presented a new project: Food and Agriculture SME Support Initiative (FASSI).
Dr. Tamar Khuntsaria of the European Union Studies Association and an Associate Professor of the University of Georgia visited ISET to talk to the institute’s students about relations between the European Union and Georgia, with a focus on trade and economic issues. Dr. Khuntsaria began by explaining the process through which the Deep and Comprehensive Free Trade Area was signed between Georgia and the EU as part of the Association Agreement between the two. She described how the DCFTA removes customs tariffs and quotas, and liberalizes trade in goods and services over a broad spectrum of economic-related issues, including food safety, intellectual property rights and financial matters.
The cooperative movement in Georgia started back in 2013 with EU support, through the launching of the ENPARD project, a major component of which is the development of agricultural cooperatives across Georgia.
Georgia is a favorable investment destination, with a simple tax code consisting of six flat taxes and a total tax rate of only 16% on commercial profits that are distributed. Georgia was ranked 16th on the World Banks Ease of Doing Business for 2017 (by contrast, Switzerland is No. 31 and Norway No. 6), and No. 13 on the Bribery Risk Scale of the “Trace”, an International Transparency Rank (Switzerland is No. 16 and Norway No. 5). Georgia has signed an Association Agreement with the EU, is a member of WHO, has ratified the Energy Charter Treaty, and signed the New York Convention.