Companies registered in Georgia will be able to participate in European tenders

2022/07/defau-1658777786.jpg
Read: 608     14:00     26 Июль 2022    

Any business registered in Georgia will now be able to participate in tenders for the purchase of goods announced by the central authorities of the 27 member states of the European Union.

The decision was made by the Georgia-EU Association Council and published in the Official Journal of the European Union.

The opportunity to participate in public procurement was provided for in Georgia-EU trade agreements, but until recently the country had legally limited rights to participate in tenders, the State Procurement Agency of Georgia explained.

Any business registered in Georgia will have the right to participate in tenders and compete fairly with other global suppliers in this market, the agency noted.  

According to the agency, about 250 thousand entities (governments, ministries, agencies and companies) annually buy goods, services and services worth about 2 trillion euros throughout the EU.

Among the largest buyers: Germany, France, Italy, the Netherlands and Spain.

Minister of Economy of Georgia Levan Davitashvili stated that this decision is the result of Georgia's "full fulfillment" of the obligation determined by the Association's Agenda.

«This will be a new incentive for Georgian companies. At the same time, this is an important step forward in terms of Georgia's integration into the European Economic Area», said Davitashvili.

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Companies registered in Georgia will be able to participate in European tenders

2022/07/defau-1658777786.jpg
Read: 609     14:00     26 Июль 2022    

Any business registered in Georgia will now be able to participate in tenders for the purchase of goods announced by the central authorities of the 27 member states of the European Union.

The decision was made by the Georgia-EU Association Council and published in the Official Journal of the European Union.

The opportunity to participate in public procurement was provided for in Georgia-EU trade agreements, but until recently the country had legally limited rights to participate in tenders, the State Procurement Agency of Georgia explained.

Any business registered in Georgia will have the right to participate in tenders and compete fairly with other global suppliers in this market, the agency noted.  

According to the agency, about 250 thousand entities (governments, ministries, agencies and companies) annually buy goods, services and services worth about 2 trillion euros throughout the EU.

Among the largest buyers: Germany, France, Italy, the Netherlands and Spain.

Minister of Economy of Georgia Levan Davitashvili stated that this decision is the result of Georgia's "full fulfillment" of the obligation determined by the Association's Agenda.

«This will be a new incentive for Georgian companies. At the same time, this is an important step forward in terms of Georgia's integration into the European Economic Area», said Davitashvili.

newsgeorgia.ge





Tags: