Alex Petriashvili, the Georgian Minister for European and Euro-Atlantic Integration, discussed on Wednesday the importance of Georgia in developing stronger relations between the EU and the Euro-Atlantic region..
Petriashvili pointed to Georgia's fast implementation of reforms in the last few years and its June 27 signing of an agreement with the EU as evidence that the country should be progressing toward full EU membership, EurActiv.com reports.
The signing of the agreement was recently advanced, even though the region experienced certain geopolitical developments. The country is currently working alongside NATO and EU allies, as well, according to Petriashvili.
Georgia and the EU are also expected to see economic growth through the agreement. Georgia acts as a regional hub for international companies, European traders, and investors. Growth will also reportedly be boosted by the removal of tariffs by the Deep and Comprehensive Free Trade Area (DCFTA), EurActiv.com reports.
Petriashvili said Georgia offers many potential benefits to the EU, as well as to neighbors, including Russia. He said the European Union can count on Georgia as an increasingly strong partner.
- National Bank of Ukraine removes restrictions on foreign-currency transactions, investment metals
- Black Sea Trade & Development Bank visits Azerbaijan to boost business relationships
- VTB Bank finances three new planes for SunExpress airline
- National Bank of Ukraine makes it easier for businesses to invest abroad
- National Bank of Ukraine eases lending regulations for deposit guarantee funds to other banks
- Black Sea Trade and Development Bank, Russian Federal Corp. for SMEs support business growth
- Oleg Demidov named commercial director for Rosbank Factoring
- Eurasian Development Bank sells bonds on Kazakhstan Stock Exchange
- EY World Entrepreneur of the Year event to name world's top entrepreneur
- ACBA-CREDIT AGRICOLE, Microsoft parter for Armenian digital business technology seminar