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Economy Ministry: Georgia and China engage in negotiations to amend free trade agreement

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Negotiations were held between the Government of Georgia and the Government of the People’s Republic of China to amend the Free Trade Agreement signed on May 13, 2017.

According to the Ministry of Economy, the talks were led by Genadi Arveladze, Deputy Minister of Economy and Sustainable Development of Georgia, while the Chinese delegation was headed by Han Changtian, Deputy Director General of the Department of WTO Affairs at China’s Ministry of Commerce.

“The agreement has been modernised in areas such as electronic commerce, technical barriers to trade, sanitary and phytosanitary measures, and investment promotion. During the negotiations, the parties reached consensus on the main provisions of the amendments to be incorporated into the agreement,” the Ministry of Economy stated.

They also discussed issues related to allowing honey and poultry meat produced in Georgia to enter the Chinese market, with the Georgian side expecting positive news in the near future.

“The free trade agreement with China has elevated trade and economic relations between our two countries to a new level. Not only has trade volume increased, but investments have also been stimulated, and positive trends are emerging in tourism, civil aviation, and other sectors.

China is an important economic partner for Georgia, and the free trade agreement provides Georgian manufacturers with an opportunity to sell their products on the Chinese market under preferential terms,” the Deputy Minister noted.

According to the Ministry of Economy, the parties agreed that the protocol of amendments will be signed in the first quarter of next year.

 
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Economy
image Georgia’s GDP grew by 7.3% in Q2 2025

19.09.2025.17:00

According to the National Statistics Service (GeoStat), in the second quarter of 2025, the gross domestic product (GDP) at current prices reached GEL 25,347.0 million. Compared to the same period last year, real GDP experienced a growth of 7.3 per cent. The gross domestic product deflator for this quarter was recorded at 4.8 per cent.

GeoStat reports that during this period, sectors such as information and communication (37.1 per cent), education (28.9 per cent), arts, entertainment and recreation (16.0 per cent), as well as public administration and defence, made significant contributions to economic growth.

Additional notable sectors included compulsory social security (9.1 per cent), financial and insurance activities (11.8 per cent), health care and social work activities (14.3 per cent), and accommodation and food service activities (8.4 per cent).

Conversely, declines were observed in sectors such as agriculture, forestry and fishing (-2.5 per cent), construction (-2.6 per cent), and electricity, gas, steam and air conditioning supply (-7.0 per cent).

The report highlights that the largest shares within the sectoral structure of Georgia’s GDP are held by trade (14.7 per cent) and real estate-related activities (9.1 per cent). Other significant sectors include manufacturing (8.9 per cent), information and communication (7.5 per cent), construction (7.3 per cent), agriculture, forestry and fishing (7.0 per cent), public administration (6.8 per cent), education (6.7 per cent), and financial and insurance activities (5.4 per cent).

GeoStat will publish revised data on Georgia’s gross domestic product on November 14, 2025.

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