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Policy Papers
Connectivity, Trade and Financial Integration of the South Caucasus Via the Belt and Road Initiative (BRI)
31-Oct-2019

Publication provides an overview of how the initiative could advance relations between China and the three countries of the South Caucasus, namely Armenia, Azerbaijan, and Georgia. The publication also sketched out the dynamics of the BRI related to transport connectivity, bilateral trade and foreign direct investment.

Economic Diplomacy in Georgia: Existing Practice and Future Prospects
27-Feb-2019

The purposes of this policy paper are to present the priorities of the Government of Georgia (GoG) in economic diplomacy, to map economic diplomacy institutions, and to describe their functions. It also aims to present practical cases of conducting economic diplomacy. Case studies of selected EU Member States which have assigned strategic importance to economic diplomacy in achieving their economic development goals are presented and these contribute to the elaboration of recommendations for Georgia.

The Belt and Road Initiative in the South Caucasus Region
22-Feb-2019

The aim of the project is to study the impact of the BRI on the countries of Central Asia and the South Caucasus (CASC) and ascertain how these countries individually and through regional cooperative efforts can maximize the benefits of the BRI and manage any potential risks.

Options for Railway Infrastructure Development in Tbilisi
06-Mar-2018

This study compares the following four alternatives: keeping the status quo (Option 1); the 2009 Tbilisi Railway Bypass Project (Option 2); a city tunnel from Navtlughi district to Didube district (Option 3); and retaining the city’s main railway line and central station, but relocating all other railway infrastructure from the Didube-Nadzaladevi districts to the city’s peripheral districts (Option 4).

Georgia as a Transit Hub and its Increasing Potential in the Implementation of the Belt and Road Initiative
25-Jan-2018

This paper has identified a clear interconnection between the BRI and Georgia’s economic development strategy in terms of infrastructure development and trade facilitation. Furthermore, this paper has suggested that Georgia could leverage the advantages of its trade agreements (DCFTA with the EU; FTA with China) and favourable business environment to be an important transit hub in the South Caucasus region and beyond.

Armenia-Georgia Trade: Getting Close or Distant?
29-Nov-2016

Armenia’s decision to join the Eurasian Economic Union (EEU) exempted traders from union member countries from paying value added tax (VAT) and excise tax, thus putting Georgian traders in a disadvantaged position and breaking the main principles of the FTA between Georgia and Armenia.

Georgia-Turkey Trade Relations - Challenges and Opportunities
14-Nov-2016

The research aimed to assess the effects of this FTA on the Georgian economy, thereby enabling policy makers to limit possible negative effects and maximize benefits.

Transit of Energy Resources from Iran via Georgia to Western Markets: Prospects, Risks, Challenges and Opportunities
04-Oct-2016

The paper attempts to analyse possibilities for energy transit from Iran to Georgia and further to the Western markets that have recently opened to energy supplies from Iran as international sanctions have been lifted. Iran, estimated to be the world's fourth-largest country by proven oil reserves1, and first or second by gas reserves2, is in the process of reclaiming its share of gas and oil exports to the world, and in particular to Europe.

 

Joint Feasibility Study on China-Georgia Possible Free Trade Agreement
07-Aug-2015

The study showed that a free trade agreement between Georgia and China has great potential. Georgia’s export to China would increase by 9% approximately, in the short-term period including significant growth of wine exports (28.5%) and non-alcoholic drinks (36.7%). On the other hand...