Today, on May 1, 2018, The EFTA Free Trade Agreement with Georgia has entered into force.
The Free Trade Agreement was signed on 27 June 2016 and largely corresponds to more recent free trade agreements concluded with third countries by the EFTA states.
The FTA between Georgia and EFTA countries will enable Georgian enterprises to export their goods to a market that covers additional 14 million customers with high purchasing power without tariff and non-tariff barriers.
The Free Trade Agreement (FTA) between Georgia and the EFTA states (Iceland, Liechtenstein, Norway and Switzerland) covers a wide range of sectors. It includes trade in goods (industrial and agricultural products), rules of origin, customs procedures and trade facilitation.
photo credit: Ministry of Economy and Sustainable Development of Georgia