Major Importance 2 Continue to develop and strengthen existing strategic cooperation with ???????? brexit. I welcome the signing of the bilateral strategic partnership agreement. It will provide a solid basis for the organisation of our post-Brexit relations and for further strengthening t.co/JCceKo9WUe The agreement signed in London by Georgian Foreign Minister David Zalkaliani and British Foreign Minister Dominic Raab “brings strategic cooperation between Georgia and the UK to a new level” and covers various areas of cooperation, the Georgian Foreign Office reports. “I attach great importance to the development and intensification of existing strategic cooperation with Britain after Brexit,” said David Zalkaliani, Georgia`s foreign minister. The agreement reaffirms access to the trade market for goods and services under the EU agreement, strengthening the UK-Georgia trade relationship. Trade under the terms of the agreement and not under WTO conditions will guarantee UK businesses and consumers preferential access to Georgia after the UK`s withdrawal from the European Union. Georgia`s ambassador to the UK Tamar Beruchashvili said the new agreement would allow Britain and Georgia to deepen relations, particularly in the areas of politics, defence and security, the economy, trade and investment, as well as education, science and information technology. The agreement provides for Georgia and the United Kingdom to continue their cooperation in areas such as financial services, education, transport, industry and environmental protection. The agreement also underlines the UK`s support for Georgia`s sovereignty and territorial integrity, as well as the commitment of both countries to strengthening fundamental freedoms and human rights. Zalkaliani reiterated that the agreement would replace the EU-Georgia Association Agreement after Brexit, after the UK officially left the EU on 31 October 2019.
The agreement guarantees free trade between Georgia and the EU, as it reproduces the mentions of the EU-Georgia Association Agreement,” said the Georgian Foreign Ministry. The agreement is expected to enter into force on 1 January 2021 (or as soon as possible). The UK is one of the top ten investors in Georgia, while two of the country`s largest banks – TBC Bank and Bank of Georgia – are included in the FTSE 250 stock index. Statistically, trade between the UK and Georgia was $95 million in 2018. The agreement was therefore a necessary step to ensure minimal disruption for businesses and consumers in both countries, when the EU and Georgia agreement will no longer apply to the UK, either after an implementation phase or after a Brexit without a deal. Updated certificates of origin will be available as soon as your regular supplier`s agreement comes into effect, for example. B chambers of commerce. The certificates will be very similar to those currently used. They will show the UK as a place of origin and not as the EU. The agreement obliges countries to continue cooperation in areas such as financial services, education, transport, industry and environmental protection. It also welcomes Georgia`s strong commitment to an ambitious programme of reforms in key areas such as governance, economic reforms, trade and security policy.
Once the agreement comes into effect, you can obtain certificates of origin after the fact from your usual supplier. If the UK leaves the European Union, the agreement will replace the association agreement between Georgia and the European Union in bilateral relations between Georgia and the United Kingdom. The tariff quota for the agreement was specifically designed for the United Kingdom. Geographical indications (G.G.A.) protect geographic denominations of food, beverages and agricultural products.