EENI Global Business School
Business in Georgia, Tbilisi

Syllabus of the Subject: Foreign Trade and Business in Georgia. Georgian Economy

  1. Introduction to the Georgia (Europe)
  2. Georgian Economy
  3. Doing Business in Tbilisi
  4. International Trade (Import, Export) of Georgia
    1. European Union-Georgia trade relations
  5. Foreign Direct Investment (FDI) in Georgia
  6. Business Opportunities in Georgia
  7. Access to the Georgian Market
  8. Business Plan for Georgia
Transport Corridors
  1. Transport Corridor Europe-Caucasus-Asia (TRACECA)
  2. Trans-Caspian Trade and Transit Corridor (Central Corridor)
  3. Afghanistan-Turkmenistan-Azerbaijan-Georgia-Turkey Transport Corridor (Lapis Lazuli)
  4. Access to the Islamabad-Tehran-Istanbul Rail and Road Corridor (ITI-ECO)
  5. Access to the China-Central Asia-West Asia Economic Corridor

Georgian Preferential Access and Free Trade Agreements

  1. Georgia and the Orthodox Economic Area
  2. Regional Organisation for Democracy and Economic Development (GUAM)
  3. Black Sea Economic Cooperation (BSEC)
  4. European Union
    1. European Union-Georgia Trade Agreement
    2. European Neighbourhood Policy
    3. European Union-South Caucasus
    4. EU's Generalised System of Preferences (GSP) +
    5. Black Sea Synergy
    6. EU Eastern Partnership
  5. EFTA-Georgia Free Trade Agreement
  6. Turkey-Georgia Free Trade Agreement (FTA)
  7. Georgia-Ukraine-Azerbaijan-Moldova Free Trade Agreement (FTA)
  8. Georgia Free Trade Agreements (FTA) with Armenia, Azerbaijan, Russia, Turkey, Ukraine, Kazakhstan, Turkmenistan, and Uzbekistan
  9. Transit and Transport Cooperation Agreement (Lapis Lazuli Route Agreement)
  10. Georgia is a partner in the TRACECA corridor

The objectives of the Subject “Foreign Trade and Business in Georgia” are the following:

  1. To analyse the Georgian Economy and Foreign Trade (Import, Export, FDI)
  2. To know the business opportunities in Georgia
  3. To explore the trade relations with the country of the student
  4. To know the Georgian Free Trade Agreements
  5. To develop a business plan for the Georgian Market
The Subject “Doing Business in Georgiabelongs to the following Online Higher Education Programs taught by EENI Global Business School:
  1. Doctorates: European Business, World Trade
  2. Masters: Business in Europe, International Business, Foreign Trade
  3. Courses: Business in Eastern Europe, Central Eurasia

Georgia, Master Doctorate Business მაგისტრი საერთაშორისო ბიზნესის (Georgia).

Online Student (Master International Business)

Learning materials in Master in International Business in English Study Master Doctorate Business in Spanish Georgia Study, Master in International Business in French Géorgie

  1. Credits of the Subject “Foreign Trade and Business in Georgia”: 1 ECTS Credits
  2. Duration: one week

EFTA-Georgia Free Trade Agreement (Course)





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Description of the Subject: Foreign Trade and Doing Business in Georgia

  1. Georgia shares borders with Russia, Turkey, Armenia, and Azerbaijan
  2. The official languages of Georgia are Georgian and Abkhaz.
  3. Capital of Georgia: Tbilisi
  4. Georgian Currency: Lari
  5. Georgian Population: 3.7 million people
  6. Area of Georgia: 69,420 square kilometres
  7. Independence of Georgia from the Soviet Union: 1991

Trans-Caspian Trade and Transit Corridor (Central Corridor) Course

Religion in Georgia: Most of the Georgian population practices the Eastern Orthodox Christianity (84%)

Georgia belongs to the Orthodox Economic Area.

Transport Corridor Europe-Caucasus-Asia (TRACECA) Course

Georgian Economy.

  1. Georgia is a link between Europe and Asia, Georgia offers direct access to the European Union, the Cooperation Council for the Arab States of the Gulf, and the Commonwealth of Independent States (CIS) markets (1 billion consumers)
  2. Georgia is a key location for centralised regional market operations in the Black Sea Region
  3. Georgia ranks thirteenth out of 183 economies (Doing Business Report, World Bank)
  4. Previous to the global economic crisis, Georgia experienced a sole Economic growth
  5. Notwithstanding recent slowdowns in the gross domestic product growth and foreign direct investment caused by the Global financial crisis, a real gross domestic product of Georgia growth rate was 6.4%. This growth has been fuelled by substantial local and foreign direct investment (FDI)

Foreign Trade of Georgia.

  1. Total international trade turnover of Georgia was 6.7 billion dollars

Islamabad-Tehran-Istanbul Rail and Road Corridor

Foreign trade regimes of Georgia:

  1. Free Trade Regime - with the Commonwealth of Independent States countries and Turkey (since 2008)
  2. Most-favoured-nation Regime (MFN) - with the World Trade Organisation member countries
  3. Preferential Regime (Generalised System of Preferences) - with the United States, Canada, Japan, Switzerland, and Norway
  4. Preferential Regime (GSP+) - with the European Union (7,200 products duty-free)
  5. Possibility of Free Trade Agreement (FTA) with the European Union in the nearest future (European Neighbourhood Policy - Black Sea Synergy)

The Georgian National Investment Agency is a sole public agency responsible for promoting and facilitating the foreign direct investment (FDI) in Georgia.

Course: China-Central Asia-Western-Asia Economic Corridor

European Union Eastern Partnership

European Union-Georgia Association Agreement

Economic Institutions

  1. Organisation for Security and Cooperation in Europe (OSCE)
  2. Organisation for Cooperation between Railways (OSJD)
  3. Intergovernmental Organisation for International Carriage by Rail (OTIF)
  4. Convention Relating to Temporary Admission
  5. Customs Convention on Containers (CCC)
  6. International Rail Transport Committee (CIT)
  7. United Nations (UN)
  8. World Bank (WB)
  9. World Trade Organisation (WTO)
  10. International Monetary Fund (IMF)
  11. European Council
  12. Economic Cooperation and Development

Samples - Business in Georgia

Course Master: Business in Georgia

Black Sea Economic Cooperation (BSEC) Course

Free Trade Agreement Turkey-Georgia

Regional Organisation Economic Development (GUAM)

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