China and Georgia on Wednesday [5 October 2016] substantially concluded their Free Trade Agreement (FTA) negotiations, with a landmark memorandum of understanding signed in Tbilisi. The memo was signed by visiting Chinese Commerce Minster Gao Hucheng, Georgian Vice Prime Minister and Minister of Economy and Sustainable Development Dimitry Kumsishvili…Full Article: Xinhua Oct 2016

Key Point

  • China and Georgia signed a Memorandum of Understanding that brought negotiations on the China-Georgia FTA to an end.

ChinaAg Comments

  • As of late-2015, China has FTAs with more than 20 countries including Australia, South Korea, Chile, Peru, New Zealand, Iceland, Costa Rica, Singapore, Switzerland, and Pakistan.
  • In December 2015, China and Georgia launched FTA negotiations.
  • In May 2015, China and Georgia announced 30 greenhouses would be built in the town of Marneuli, Kvemo Kartli region, southern Georgia.
  • In November 2014, China and Georgia signed an agreement for the two-year project called “Vegetable Cultivation Technology in Georgia”.
  • In January 2014, China and Georgia signed a Technical Cooperation Project agreement.
  • In 2014, China donated 30 pieces of agricultural (irrigation) equipment to Georgia. China planned to donate another 26 pieces of equipment in 2015.

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