Just now
Georgia announced
On September 22, the China-Georgia Free Trade Agreement upgrade negotiations have been launched! Yes, that's the first "Belt and Road" FTA signed in 2018, now it's upgrading to version 2.0. What does this mean? In the future, we will be able to buy Georgia's wine and nuts more cheaply, and domestic new energy vehicles and electronic products will be easier to export—mutual benefits!
After the upgrade, over 95% of tariff items between China and Georgia will gradually achieve zero tariffs, with Georgia's wine tariff reduction exceeding 50%, significantly reducing consumption costs.
China's new energy vehicle exports to Georgia will enjoy a simplified certification process, with customs clearance time reduced to 60% of the original, significantly improving logistics efficiency.
The agreement also adds e-commerce provisions, with the annual growth rate of cross-border e-commerce transactions between the two countries expected to reach 25%, helping small and medium-sized enterprises expand their markets.
The two sides have reached a new consensus on intellectual property protection, which will reduce technical risks for Chinese electronics companies investing in Georgia, protecting their legitimate rights and interests.
The China-Georgia FTA upgrade is not only a deepening of "Belt and Road" economic and trade cooperation, but also brings tangible benefits to the people and businesses of both countries. In the context of increasing global trade uncertainty, such mutually beneficial cooperation can inject momentum into regional economic stability and set an example for more countries to cooperate.
Original: www.toutiao.com/article/1843974756910151/
Statement: This article represents the views of the author himself