Wednesday, 30.07.14
+23.6°
Home|News|Programs|About us|Contact us|Advertisement on Rustavi 2|Club
Politics|Economics|Criminal|Sport|Culture | |

July 2014

S
M
T
W
T
F
S
1 
2 
3 
4 
5 
6 
7 
8 
9 
10 
11 
12 
13 
14 
15 
16 
17 
18 
19 
20 
21 
22 
23 
24 
25 
26 
27 
28 
29 
30 
31 





You are visitor number:


TOP.GE
enlarge photo

EU statement prior to signature of Association Agreement

24.06.14 10:00

The European Union has released a statement prior to the signature of the association agreement with Georgia, Moldova and Ukraine.

`On 27 June 2014 the EU will sign Association Agreements with Georgia and the Republic of Moldova and complete the signature process with Ukraine, each providing for a Deep and Comprehensive Free Trade Area.
This is an important moment both for the EU and for the countries concerned as the Agreements will significantly deepen political and economic ties between the signatories with a long-term perspective of closer political association and economic integration’’, the statement says.
According to the statement, the Association Agreements aim to deepen political and economic relations between the EU and the other signatories and to gradually integrate these countries in the EU`s Internal Market, the largest single market in the world. This entails creating a Deep and Comprehensive Free Trade Area (DCFTA) between the EU and each of these countries.
Following the signature much work will remain to be done on domestic reforms. In this area, the EU and each country will cooperate on: strengthening the rule of law, advancing judicial reforms, fighting corruption, ensuring respect for fundamental rights and freedoms and strengthening democratic institutions.
‘’Trade conditions for goods and services, including the wide establishment conditions for companies will be immediately improved for both the EU and Georgia, when the Agreement enters into force. This will facilitate trade and investment. This is particularly important for Georgia, which needs further foreign investment to boost its economic growth. Georgia’s enterprises will have access to the EU market without transition periods. But it is also true that a number of additional benefits that Georgia will take from the Agreement do depend on the completion of reforms.

The Association Agreement with Georgia goes significantly further than classical forms of economic integration, offering not only improved trade and investment opportunities but also assistance in trade-related reforms with the aim to contribute to economic recovery and growth and to better integration of the Georgian economy with the world markets. Provided that the reforms are completed, an economic growth of 4.3% per year is predicted (amounting to €292m in national income).
For example, Georgian agricultural products will become more attractive on the EU market thanks to the removal of EU import duties worth €5.7m on basic agricultural products and €0.5m on processed agricultural products. New market opportunities in the EU and higher production standards in Georgia will spur investment, stimulate the modernisation of agriculture and improve labour conditions.
Georgia will benefit from new trading opportunities and easier access to the EU market. The Agreement should allow the Georgian economy to catch up with the EU in terms of competitiveness and thereby gradually find its place in the world economy. This will open up new opportunities not only in EU-Georgia trade, but in Georgia`s trade with the rest of the world, given the worldwide recognition of EU norms and standards. The application of these standards will bring significantly more choice and higher quality products to Georgian consumers and make Georgia a more attractive place for foreign investors. The most sensitive sectors will benefit from long transitional periods to ensure the smooth adaptation of Georgia`s economy,` the statement says.

video clip photos print

MORE NEWS

Prime Minister hosts NATO PA President

25.07.14 13:48

The President of the NATO Parliamentary Assembly, Hugh Bayley has been hosted by the Prime Minister of Georgia today. The delegation of the NATO parliamentary assembly arrived in Georgia today.More...

Ministers` candidates in parliament

25.07.14 10:00

The candidates for the ministers of Georgia are expected at the parliament - after the cabinet reshuffle announced by the Prime Minister, this will be their first dialogue with the lawmakers. More...video clip 

Hugh Bayley pays a visit to Georgia

25.07.14 11:07

The President of the NATO Parliamentary Assembly pays official visit to Georgia - Hugh Bayley and the accompanying delegation will hold meetings with the President, Prime Minister, Foreign Minister and Defence Minister of Georgia. More...video clip 

Georgian consulates collect data on Georgian crew arrested in Nigeria

25.07.14 14:41

The diplomatic missions of Georgia in Ukraine, Turkey and Ethiopia are collecting data regarding the Georgian sailors, who were arrested in Nigeria on the ship sailing with Panama flag.More...

Vano's Show

Comedy talk-show with famous guests, headlines and others

Comedy Show

Hilarious sketches with amazing performances of your favourite actors!

Georgian soldiers return from Afghanistan

25.07.14 11:57

Yet another group of the Georgian soldiers serving within the American contingent in Afghanistan arrived in Georgia this morning. The 23rd Battalion is the last Georgian unit that has served at the military camp along with other Georgian units who served ...More...video clip 

Man arrested for drug crime

25.07.14 11:36

The Criminal Police Department has arrested a man for illegal purchase-keeping of drug in Tbilisi. As the Ministry of Internal Affairs has reported, the man was previously convicted for different crimes.More...video clip 

GYLA reports problems in prisons

24.07.14 14:47

Georgian Young Lawyers` Association has reported new facts of the problem of the so-called prison watches - the inmates, who control the situation in the prison without disobedience to the administration of prison.More...video clip 

Georgian soldiers return from Afghanistan

24.07.14 12:24

Yet another group of the 23rd Battalion of the II Infantry Brigade of the GAF returned to Georgia from Afghanistan. Georgian military servicemen carried out ISAF mission on the base Leatherneck for 4 months. More...video clip 


  Full TV Guide
  Top Videos
Social Trimwork
Courieri: Stop Spying!
Courier: Advertisement Law
Couier: New-Old Mosque

   
 

© 1994-2014 Rustavi 2 Broadcasting Company