The UAE-Georgia Comprehensive Economic Partnership Agreement (CEPA), signed on October 10th , 2023, and effective from June 27th, 2024, provides numerous advantages for businesses. Key highlights include:

• Expanding Market Reach: The UAE-Georgia CEPA provides extensive market expansion opportunities by covering over 92% of tariff lines. This grants UAE businesses privileged access to Georgia's diverse and growing consumer base.

• Enhancing Investment Prospects: The agreement promotes bilateral investments, fostering a favorable environment for UAE investors in Georgia and vice versa. This aims to drive economic growth, job creation, and technological progress in both countries.

• Empowering SMEs: The UAE-Georgia CEPA includes measures to support Small and Medium-sized Enterprises (SMEs), enabling them to broaden their operations, enter new markets, and significantly boost the economic development of both nations.

• Advancing the Service Industry: With a focus on the service sector, the agreement improves market access for UAE service providers in Georgia. This facilitates collaboration in areas such as finance, healthcare, education, tourism, and other service industries, driving innovation and enhancing service standards.

• Simplifying Trade Processes: Businesses benefit from streamlined and expedited customs procedures, reducing the time and costs associated with cross-border trade.