This Decision concerns the invitation of Georgia to join the Convention on the simplification of formalities in trade in goods. The Convention aims to simplify procedures and documentation in international trade between participating countries. The Decision was adopted by the EU-Common Transit Countries Joint Committee on October 21, 2024. The Decision consists of two articles. Article 1 formally invites Georgia to accede to the Convention starting from December 1, 2024. Article 2 establishes that the Decision enters into force on the date of its adoption. The key provisions indicate that Georgia’s accession would facilitate trade relations between Georgia and other participating countries, including the European Union, Iceland, North Macedonia, Norway, Serbia, Switzerland, Türkiye, Ukraine, and the United Kingdom. The simplification would affect various formalities related to the movement of goods between these countries. The Decision is based on Article 11(3) of the original Convention from May 20, 1987, which provides the legal basis for inviting new countries to join. This represents an expansion of the geographical scope of the simplified trade formalities system that has been in place since 1987.
Privacy Overview
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.