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Free Trade in South Caucasus
Georgia: Future of a South Caucasus Free Trade Area

1.1 Minutes
Free Trade Georgia
© FNF South Caucasus

The policy paper "Georgia: Future of a South Caucasus Free Trade Area" envisions Georgia as the leader in establishing a South Caucasus Free Trade Area (SCaFTA). Drawing inspiration from the EU's integration model, it explores how Georgia’s experiences with the Deep and Comprehensive Free Trade Agreement (DCFTA) and its position as an EU candidate can be leveraged to create a unified regional market. The paper highlights the benefits of reducing trade barriers, harmonizing standards, and adopting liberalization policies to foster economic growth and stability across Armenia, Azerbaijan, and Georgia.

Why should it be read?
"Georgia: Future of a South Caucasus Free Trade Area" offers a detailed roadmap for creating a thriving regional trade network. Policymakers, regional leaders, and development professionals will gain valuable insights into using Georgia’s success to advance shared prosperity in the South Caucasus. The paper provides practical recommendations to enhance economic integration and global competitiveness for the region.