Levan Davitashvili Held Meeting with U.S. Trade Representative, Katherine Tai
10-05-2022

Vice Prime Minister, Minister of Economy and Sustainable Development Levan Davitashvili, within his working visit to the USA, held a meeting with the US Trade Representative, Katherine Tai.

The parties discussed the possibility of elaborating the Free Trade Agreement with the United States. It was noted that for the United States, Georgia’s main strategic partner, the trade policy agenda focuses on exporting more products, creating more jobs, and expanding economic growth opportunities.

According to the proposal of the Georgian side, the most important and ambitious goal in this context is to improve the bilateral trade regime through a Free Trade Agreement. The US-Georgia Free Trade Agreement will be a mixture of political and economic interests. There will also be a clear message of increasing US economic interests in the region, contributing to Georgia’s Euro-Atlantic aspirations and economic development, including the need for the diversification of the trade.

The meeting focused on the feasibility study on free trade with the United States, which was prepared by the PWC at the initiative of the Ministry of Economy and Sustainable Development of Georgia and submitted to the United States for consideration.

As it was noted at the meeting, Georgia is an important partner for the United States in the region, thus, the United States is interested in continuing economic and structural reforms that will contribute to the development of an economic system based on market principles. It was said that the United States continues to support Georgia in the direction of reforms, in which strengthening trade ties is one of the priorities.

 


Ministry of Economy and Sustainable Development of Georgia. 2021 ©