
“During his working visit to the United States, Georgia’s Deputy Prime Minister /Minister of Economy and Sustainable Development Levan Davitashvili met with the US Trade Representative (USTR) Katherine Tai,” - the Ministry of Economy and Sustainable Development of Georgia reported.
According to the agency, the sides discussed the possibility of concluding a free trade agreement with the United States.
"It was noted that the trade policy agenda is focused on exporting more products, creating more jobs, and expanding economic growth opportunities for the United States, Georgia's key strategic partner. Under the proposal of the Georgian side, the most important and ambitious goal in this context is to improve the bilateral trade regime through a free trade agreement.
According to the Georgian side, the US-Georgia free trade agreement will be a mixture of political and economic interests. The agreement will also include a clear message of increasing the US economic interests in the region, will contribute to Georgia's Euro-Atlantic integration aspirations and economic development, taking the need for trade diversification into account.
The meeting focused on the feasibility study of concluding a free trade with the United States, which was prepared by the PWC at the initiative of the Ministry of Economy and Sustainable Development of Georgia and submitted to the US for consideration. Based on the study, a similar agreement would be economically attractive and profitable for both countries. In particular, after the signing of the agreement, exports from Georgia will increase by 19% annually over the next 5 years. Additionally, the free trade agreement is expected to bring more than 180 million investments from the United States to Georgia.
It was noted at the meeting that Georgia is an important partner for the United States in the region, so the United States is interested in continuing economic and structural reforms that will contribute to the development of an economic system based on the market principles. It was said that the United States continues to support Georgia in the direction of reforms, in which strengthening trade ties is one of the priorities.
To be reminded, along with the delegation, Georgia’s Deputy Prime Minister/Minister of Economy and Sustainable Development is paying a several-day working visit to the United States. Levan Davitashvili has already met with the US Trade Representative (USTR) Katherine Tai, the Chief Executive Officer of the U.S. International Development Finance Corporation Scott Nathan and the Vice President of the US Export and Import Bank (EXIM Bank) Judith Pryor. The Deputy Prime Minister is scheduled to hold meetings in the US Congress, as well as with representatives of the International Monetary Fund and the US Public and Private Sectors.
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11/07/2025