Switzerland ratified the EFTA-Georgia Free trade agreement
Switzerland has just ratified the EFTA Georgia Free trade agreement. It will enter into force, for the relations Georgia- Switzerland, on May 1st, 2018. The Free Trade Agreement between Georgia and European Free Trade Association (EFTA) allows Georgian producers to export majority of their goods without tariff barriers to the additional 14 mln high purchasing power consumer market.
The agreement covers following issues: trade in goods, trade in services, sanitary and phytosanitary measures, technical barriers to trade, rules of origin, customs and trade facilitation, intellectual property rights, public procurement, competition, trade remedies and sustainable development.