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7/1/24, 3:29 PM UAE’s Comprehensive Economic Partnership Agreement with Georgia enters into force | Emirates News Agency
The UAE is already Georgia’s leading trading partner in

the Arab world, accounting for over 63 percent of its total

trade with the region. The agreement builds on robust

and rapidly growing economic ties between the two

countries that saw bilateral non-oil trade reach US$511.2

million in 2023, a growth of 6.3 percent compared to 2022.

The UAE is also Georgia’s sixth-largest global investor,

accounting for 5 percent of its total Foreign Direct

Investment (FDI) inflows. Bilateral investment between

the two countries currently stands at over US$1 billion.

The deal aims to accelerate investment flows in key

sectors, including tourism and hospitality, real estate,

renewable energy, retail and wholesale, transport and

logistics, manufacturing, electrical equipment and

construction materials.

On entry into force of the deal, Dr. Thani bin Ahmed Al

Zeyoudi, Minister of State for Foreign Trade, said, “The

implementation of our Comprehensive Economic

Partnership Agreement with Georgia is another milestone

in our foreign trade agenda, aimed at strengthening

bilateral relations with a dynamic, resilient and liked-

minded partner, strategically located in the heart of the

Caucasus region, at the intersection of Europe and Asia.”

He added, “Beyond its strategic location, Georgia presents

a promising market for UAE businesses to explore, with

proven demand for our key exports and offering a

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