FREE TRADE AGREEMENT

The free trade agreement between the government of the People’s Republic of China and the government of the republic of Georgia comes into force on January 1, 2018.

Carry out on the same day, shandong huasheng rubber limited company got privilege.

The all steel radial tire exported to Georgia has won the certificate of origin of china-georgia free trade agreement issued by dongying trade promotion committee of shandong province.

Worth $29,820, this batch of steel radial tire can enjoy zero tariff treatment at Georgian customs with this certificate.

This certificate is the first batch of preferential co (cepa) issued by dongying council for the promotion of international trade.

Under the china-georgia free trade agreement, Georgia imposes zero tariffs on 96.5 percent of China’s original exports.

China imposed zero tariffs on 93.9 percent of Georgia’s exports.

It is known that Georgia is an important node on the “silk road economic belt” and the first country in the south Caucasus to establish a free trade agreement with China.

The china-georgia free trade agreement is the 15th free trade agreement signed by China.