EU to support computerised trade transit system in Georgia

13-07-2018
Photo: European Union
Photo: European Union

On 13 July, the EU launched a new project in Georgia to support the new computerised trade transit system in the country, which will facilitate trade with the EU.

The 24-month long project “Supporting the Accession of Georgia to the Conventions on Transit Area and Launching of the New Computerised Transit System (NCTS)” brings Finnish, Polish and Latvian government experts together with Georgian colleagues to develop an efficient and secure transit system for trade, simplify formalities and control systems. This will help keep a balance between trade facilitation and efficient customs control.

“With the DCFTA [Deep and Comprehensive Free Trade Area], Georgia has enormous trade potential with the EU,” said Vincent Rey, Head of Cooperation at the EU Delegation to Georgia. “Taking advantage of this opportunity requires many elements, however, including making the transit of goods as easy as possible. This Twinning project and the systems it will introduce in Georgia will help address this issue, and thereby contribute to the raise in trade which should bring economic benefits to businesses in Georgia, and eventually to its citizens.”

Twinning is a long-term, institution-building instrument that uses institutional cooperation to help partner countries acquire the necessary skills and expertise to approximate EU legislation. Established in 1998 to support candidate and potential candidate countries in their accession efforts, Twinning was also launched in countries covered by the European Neighbourhood Policy in 2004.

The countries covered include Algeria, Armenia, Azerbaijan, Egypt, Belarus, Georgia, Israel, Jordan, Lebanon, the Republic of Moldova, Morocco, Tunisia and Ukraine.

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Press release