| Author (Corporate) | European Commission |
|---|---|
| Series Title | COM |
| Series Details | (2014) 148 final (10.03.14) |
| Publication Date | 10/03/2014 |
| Content Type | Policy-making |
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Relations between the European Union (EU) and Georgia are currently based on the Partnership and Cooperation Agreement which entered into force in July 1999. On 10 May 2010 the Council authorised the Commission to open negotiations for a new comprehensive and ambitious Association Agreement, including its Deep and Comprehensive Free Trade Area (DCFTA) part. The Association Agreement aims to accelerate the deepening of political and economic relations between Georgia and the EU, as well as to advance Georgia's gradual economic integration with the EU Internal Market, in selected areas notably through establishing a DCFTA. Following the 14th negotiation round in March 2013, the EU and Georgia finalised the negotiations on the Association Agreement. Negotiations on the DCFTA were finalised in July 2013. On 29 November 2013, the EU and Georgia initialled the text of the Association Agreement, including the DCFTA part. In line with Article 429 of the Association Agreement, it is foreseen to provisionally apply parts of the Agreement. The provisional application is foreseen in view of keeping mutual economic interests and shared values in equilibrium, and the common will of the EU and Georgia to start implementing and enforcing the eligible parts of the Agreement in order to advance an early reform impact on sector specific issues before the conclusion of the Agreement. |
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| Source Link | http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2014:0148:FIN |
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| Countries / Regions | Europe, Georgia |
