Georgia, EU ink new document
By Mushvig Mehdiyev
In an effort to deepen the cooperation with Georgia, the European Union signed a new document with the South Caucasus country on March 18.
The EU proposed new document of Strategic Framework for Customs Cooperation to Georgia at the first session of the sub-committee on customs.
Georgia’s Finance Minister Nodar Khaduri and European Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici have inked the new deal.
Strategic Framework for Customs Cooperation includes the collaboration on three main directions: a safe and flexible trade corridor, risk management and investing in customs modernization.
Khaduri assessed the signing of document as a "historical moment” for the dynamic development of Georgia’s trade relations with the EU.
"This initiative once again proves that the EU supports Georgia. It proves that both Georgia and the EU strive for our country's political, economic and social integration with the EU.”
Khaduri believes that the Strategic Framework for Customs Cooperation will be a practical instrument for Georgia to overcome the economic problems and negative foreign factors and to continue its rapid economic growth.
"We will do our best to make more sustainable all the achievements we reached in customs sphere, to establish communication with the business society and to encourage them use all the resources for implementing EU standards in their activities,” Khaduri concluded.
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