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Georgian investors to familiarize themselves with European standards

By Tatia Megeneishvili
Thursday, September 29
“It is important that Georgian investors become familiarized with the European standards, create new routes for export of Georgian products to the European market,” said Prime Minister Giorgi Kvirikashvili.

According to him, involvement of the Georgian business community is needed for bringing local laws closer to European standards.

A public dialogue over the issue of Deep and Comprehensive Free Trade Area Agreement (DCFTA) was held on September 27.

The meeting was attended by business representatives, international donor organizations, members of the European Union (EU) delegation and the government representatives.

The main speakers were Kvirikashvili and the head of the EU delegation, Janos Herman.

The PM stated that the public dialogue would promote the active involvement of the private sector in the process of establishment of new regulatory environment in order to reflect better both, their interests and needs.

"The first stage of reforms related to the Association Agreement has been successfully completed and now we are agreeing on a reform agenda for the years of 2017-2020. The new agenda is comprehensive and very ambitious. I am pleased that the institutions, regulations and standards of Georgia are moving closer to European norms,” stated Kvirikashvili.

According to the PM, it is important to hold more discussions with the business sector representatives for future development.

Kvirikashvili stated that the decision of the Georgian government is to provide a favorable business environment. He added that similar meetings would be held in the regions as well.

According to the government of Georgia, everything that is necessary for supporting the business sector in the country will be done.

“It is decision of Georgian Government to create positive environment for business in the country. We plan to hold this kind of dialogue in the other regions of Georgia as well,” reads the statement released by the Government Administration.