The Korea-Georgia Economic Partnership Agreement held its first round of negotiations
The Korea-Georgia Economic Partnership Agreement held its first round of negotiations
The first round of official negotiations for the signing of the Korea-Georgia
Free Trade Agreement will be held in Tbilisi, Georgia, from February 20th to
February 22nd.
The Ministry of
Trade, Industry and Energy revealed that delegations led by our chief
negotiator Jang Seong-gil and Gegnadi Arveladze, Deputy Minister of Economy and
Sustainable Development of Georgia, will participate in the initial
negotiations for the Korea-Georgia Economic Partnership Agreement from February
20th to February 22nd in Tbilisi, Georgia.
In 2021, Korea and Georgia recognized the need for cooperation and began
jointly researching the economic feasibility of the Korea-Georgia Economic
Partnership Agreement. After a public hearing in March 2023 and a report to the
National Assembly in April, the first round of negotiations was held. The
negotiations, covering 15 sectors including goods, services, and cooperation,
aim to narrow differences through thorough discussions.
The government hopes that signing an
Economic Partnership Agreement with Georgia will expand bilateral trade and
cooperation while also providing a platform for our companies to enter the
European and Middle Eastern markets.
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