Masters and Doctorate in International Business adapted for the EU Students.
EU-South Caucasus trade relations:
The South Caucasus (Transcaucasia: Armenia, Azerbaijan, and Georgia)
is a geopolitical region situated on the border of Eastern Europe and Southwest Asia.
Since 2004, the EU has become the main trading partner of each country of the South Caucasus;
The bilateral trade with the EU represented 30% of the total trade for Armenia (43%), Azerbaijan, and Georgia.
These share of the total European Union Foreign Trade remains very low (less than 0.5% in total);
The Foreign Trade between the EU and the South Caucasus countries (Armenia, Azerbaijan, and Georgia) has intensified since their inclusion in the European Neighborhood Policy in 2004;
Armenia, Azerbaijan and Georgia benefit from the GSP of the EU;
The Trade Relations of the EU with Armenia, Azerbaijan, and Georgia are governed by a Partnership and Cooperation Agreement: the Black Sea Synergy.