Independent and cutting-edge analysis on Turkey and its neighborhood

The new Georgian government embarked on a liberal economic policy. Tax laws have been simplified, the variety of licenses and permits has been reduced and procedures were simplified. The country started a massive privatization process and investment in infrastructure. The reforms carried out by the government ensured the growth of both economic and investment streams. However, as a result of the Russian aggression in August 2008 and due to the economic crisis, economic activity in Georgia has significantly fallen back. Georgia and the EU have a contractual relationship under the European Neighborhood Policy (ENP), to re-strengthen Georgia’s economy, and an Eastern Partnership Agreement has been signed this year. Similarly an Agreement on Free Trade, signed between Georgia and Turkey this year, is expected to further facilitate Georgia’s economic recovery.

 

CONTRIBUTOR
Davit Narmania
Davit Narmania
From the Desk of the Editor This issue of TPQ comes at a time when relations between Turkey and the EU are at a historical low point. The sources of tension are manifold, and have been compounded by a constellation of transformations in Turkey, Europe, and the international system. The global upswing in far-right populist movements, isolationism, the conflict in Syria and its humanitarian crisis, and the threat of ISIS have...
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