The EU and Georgia signed an Association Agreement in 2014, which entered fully into force in July 2016. This agreement provides the foundations for political association and economic integration. Key benefits building blocks from this relationship include a Deep and Comprehensive Free Trade Area (DCFTA), which opens the EU market to Georgian business and products, and visa free travel to the Schengen area for Georgian citizens since 28 March 2017. The EU is Georgia’s largest donor and provides over €120 million of grant money annually to support Georgia’s ambitious reform agenda.
Georgia is on the way towards legal gradual alignment with the EU. Over a third of the legal acts listed in the Association Agreement have already been aligned, providing European standards for Georgian citizens.
More than 500,000 Georgian citizens have travelled to the EU without a visa on a total of over 1 million trips since the introduction of the visa liberalisation in 2017.
The EU is Georgia’s main trading partner, with a 27% share of its total trade in 2020.
RECOVERY. RESILIENCE. REFORM
In 2020, an estimated 19,000 SMEs, 24% run by women, were supported through EU4Business in Georgia. This has led to the creation of 10,000 jobs, while over 90,000 jobs were sustained during the pandemic.
Over 90,000 people in remote areas have access to 200 public and banking services thanks to 76 community centres, which the EU helped establish. Over 90,000 people in remote areas have access to 200 public and banking services thanks to 76 community centres, which the EU helped establish.
Thanks to the EU’s investment, Georgia is now home to the first commercial wind farm in the Caucasus.
Over 11,000 students and academic staff exchanges have taken place between Georgia and the EU within Erasmus+ since 2014.
Under EU4Digital, the EU and Georgia are piloting solutions to increase cross-border e-commerce with the EU by 50%.
ECONOMIC & INVESTMENT PLAN
The EU supports Georgia with concrete investments to help post-pandemic recovery and improve the lives of Georgian citizens. In the coming years, the EU will invest in the following five flagship projects:
The EU reacted fast and responded to the urgent needs of Georgia and its citizens during the COVID-19 pandemic. As part of Team Europe, the EU has mobilised a tailormade COVID-19 response package specifically for Georgia, worth over €183 million of grants and a €75 million macro financial assistance package. This helped the Government preserve over 400,000 jobs and provide targeted social assistance to over 78,000 vulnerable families and 45,000 people with disabilities. Georgian frontline responders and laboratories received almost 2 million pieces of medical supplies, ventilators and protective equipment. Georgia has also received 100,000 doses under the EU vaccines sharing mechanism, with several Member States pledging to donate more at the Government’s request.
European Commission: ec.europa.eu/neighbourhood-enlargement/georgia l twitter.com/eu_near
European External Action Service: eeas.europa.eu/delegations/georgia l twitter.com/eu_eeas
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