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Georgian exports

Posted: 20th June 2022

Since regaining its independence in the early 1990s, Georgia has become the regional champion in terms of reform, economic development and progress regarding democratic institutions. Striving to succeed on its path of Euro-Atlantic integration, Georgia is positioning itself as a hub for doing business in the region and is developing an advanced international business environment and relations.

Located at the crossroads of Europe and Asia, and being the shortest transportation route between the two regions, Georgia is uniquely positioned to capitalize on increasing trade flows between Europe, the Caspian region, Central Asia and East Asia. It has one of the lowest and most manageable tax regimes in the world, an improving and more stable political and business climate, relatively low operating costs and an increasingly supportive government. These factors have made Georgia an attractive investment destination.

After signing the deep and comprehensive fee trade agreement with the EU (enacted on September 1, 2014), Georgia embarked on its journey towards European integration.

One of the most important milestone in the latest history was the signature of Association Agreement (AA) with the EU in 2014, which further ensures stability of political and investment climate of the country. Georgia’s political system boasts open democracy and demonstrated effective transition of governments with a consistent commitment to economic liberalization and Eoro-Atlantic integration.

Today stable economic development, liberal and free market oriented economic policies, multi-lingual, well-educated and competitively priced workforce, only six flat taxes, preferential trade regimes, advantageous geographic location, well developed and multimodal transport infrastructure represents a solid foundation for successful operations and overall growth in Georgia.

Find out more about Georgian Exports and how to Invest in Georgia.

Business Comment

Business Comment is the Edinburgh Chamber of Commerce’s bi-monthly magazine. It provides insight on Edinburgh’s vibrant business community, with features on the city’s key sectors, interviews with leading figures and news on new business developments in the capital.
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