Georgia, UAE hold 2nd round of comprehensive economic cooperation talks
Georgia, UAE hold 2nd round of comprehensive economic cooperation talks

Georgia and the United Arab Emirates have held the second round of negotiations on a comprehensive economic cooperation agreement between the countries, in Dubai.

The Economy Ministry said the parties reviewed trade liberalisation of goods and services between the countries and the directions of cooperation in customs, intellectual property rights, technical trade barriers, and the promotion of small and medium enterprises.

The Ministry noted that the parties achieved significant progress on the agreement text with the next round of negotiations slated for March 2023 in Georgia.

The Georgian Economy Ministers and the UAE started talks on the free trade agreement in December 2020, aimed at promoting economic, trade, and investment relations. The first round of negotiations on establishing the free trade agreement between the countries was held in the Georgian capital Tbilisi in September 2022.