12.Feb .2021 12:30

Products made with Turkish raw materials in Georgia to exempt from taxes while exported to the EU

Products made with Turkish raw materials in Georgia to exempt from taxes while exported to the EU
views 555
Back

Products made with Turkish raw materials in Georgia will exempt from taxes while exported to the EU. The relevant document was ratified by the Grand National Assembly of Turkey on February 10.

The news is disseminated by the Embassy of Georgia to the Republic of Turkey.

The new agreement between Georgia and Turkey will encourage Turkish investments in the Georgian economy, establish joint companies and create new jobs.

According to the Georgian Embassy, the decision will open additional opportunities for Turkish and Georgian businesses to increase joint exports to the EU market.

“Georgia-made products that include Turkish raw materials will be exported to the EU market under the Free Trade Agreement,” the statement reads.