About Civil.ge
Eng | Geo | Rus
Last updated: 13:01 - 19 Mar.'18
Georgia, China Hold First Round of Free Trade Talks
Civil Georgia, Tbilisi / 23 Feb.'16 / 12:49

Officials from the Georgian Economy Ministry and Chinese Ministry of Commerce held first round of talks on free trade agreement between the two countries in Tbilisi on February 22-23.

“We have agreed on a joint goal to complete free trade negotiations by the end of 2016,” Georgian chief negotiator and deputy economy minister, Genadi Arveladze, told journalists on February 23, adding that meetings between negotiators will be held once in two months.

“We will try to achieve maximum liberalisation of customs duties and taxes for export of Georgian products to the Chinese market,” he said.
China was Georgia’s fourth largest trading partner in 2015 with turnover of USD 712.7 million. Exports to China increased by 39.1% y/y to USD 125.8 million last year, mostly due to hike in export of copper ores and concentrates. Imports from China were down by 19.9% to USD 586.9 million in 2015.

Georgia’s Economy Minister Dimitri Kumsishvili said in December when he signed a memorandum with China on launch of free trade talks, that the Georgian side would especially focus on gaining preferential regime for exporting of the Georgian wine and agriculture products to China.

Georgia exported 2.67 million 0.75-liter bottles of wine to China in 2015, up by 122% compared to 2014, according to the National Wine Agency of Georgia.

Latest News
19 Mar.'18 13:01
Abkhazia, S.Ossetia Vote in Russian Presidential Polls
The Georgian Foreign Ministry says the election is “a yet another step towards factual annexation.”
18 Mar.'18 14:06
U.S. Navy Ship Makes Port Call in Batumi
The vessel will stay in Georgia until March 20.
17 Mar.'18 12:39
UK Ambassador to Georgia on Salisbury Incident
Justin McKenzie Smith on the British response to the Novichok nerve agent use in Salisbury.
16 Mar.'18 16:40
Majority, Opposition Lawmakers Agree on Russia Resolution
The Parliament of Georgia is to adopt the joint resolution next week.
16 Mar.'18 15:42
Azerbaijani, Georgian, Iranian, Turkish FMs Pledge Closer Ties
The quadrilateral format will strengthen regional cooperation, the Georgian Foreign Minister says.
16 Mar.'18 11:34
Georgian MFA: Crimea Annexation ‘Disregards’ International Law
The Foreign Ministry issued a statement regarding the four-year anniversary of Crimea annexation.
16 Mar.'18 11:30
SG Jens Stoltenberg on Georgia-NATO Relations
NATO Secretary General says he is impressed by reforms, readiness to engage in a dialogue with Russia.
15 Mar.'18 20:33
Opposition Parties Press Govt on Moscow Appeal
Twelve parliamentary and non-parliamentary opposition parties voice their concerns over PM’s dialogue offer. 
15 Mar.'18 17:04
Georgia, Sweden to Sign Convict Repatriation Deal
The interstate agreement will reportedly be concluded in two months time.
15 Mar.'18 01:16
Religious Leaders Concerned over Alleged Desecration of Catholic Symbols in Vale
Public Defender Nino Lomjaria called for a prompt and an effective investigation into the matter.

About Civil Georgia
Civil.Ge © 2001-2018, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.