Georgian Government’s Policy on Corporate Responsibility

EU-Georgia Association Agreement
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EU-Georgia Association Agreement

On June 27, 2014, Georgia signed the Association Agreement with the EU (Association Agreement between the European Union and the European Atomic Energy Community and their Member States, of the one part, and Georgia, of the other part),   which came into force on July 1, 2016. 

The European Union and Georgia also agreed on the Association Agenda between the EU and Georgia, which determines priorities of the development of cooperation for 2017-2020, considering the implementation of the association agreement.

For the effective implementation of the Association Agenda and the Association Agreement, Georgian Government has developed its annual National Action Plan which was approved by the Government resolution. See: National Action Plans on the Association Agreement and the Agenda

The Association Agreement and its component – Deep and Comprehensive Free Trade Area (DCFTA) – refer to opportunities of political and economic integration with the EU, considerable expansion of political and economic relations, and Georgia’s growing involvement in EU strategies, programs and organizations. Imposing new commitments on the Georgian Government, these developments also open a whole number of opportunities for the country and its private sector. In many cases, these new opportunities and challenges for the companies will relate to the adoption of international standards on the responsible business conduct and the sustainable development principles in their companies.

There are several articles in the EU-Georgian Association Agreement referring to the commitments on the promotion of and support to responsible business,  in particular: chapter 13 (Trade and Sustainable Development), articles 231e, 239g; chapter 14 (Employment, Social Policy and Equal Opportunities), articles 348, 349i and 352.

Besides, many other commitments assumed in the Association Agreement (e.g. Title VI, Chapter 3 [Environment], Chapter 4 [Climate Action] and Chapter 13 [Consumer Policy], and many other chapters) also envisage the private sector’s active involvement in their accomplishment.

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