EU contribution EUR 51 million
Georgia’s relevant policy framework is oriented towards closer EU links, political association and economic integration, which is underlined by the Association Agreement and the Deep and Comprehensive Free Trade Area (DCFTA).
The overall objective of the proposed Sector Reform Contract is to assist the Georgian Government in the implementation process of the DCFTA, facilitating Georgia's economic integration into the EU market. In order to reap the benefits of the agreement, institutional and regulatory reforms in trade and private sector development are instrumental, with a particular focus on strengthening the capacities of Georgian small and medium-sized enterprises to adjust to a new regulatory environment.
The specific objectives of the programme are: (1) to further strengthen the DCFTA policy framework for trade and SME development; (2) to improve the overall functioning of priority trade and private-sector related institutions; (3) to strengthen economic actors and SMEs along the DCFTA process; (4) to ensure economic integration of targeted groups, such as internally displaced persons (IDPs), returned migrants, women in business and young entrepreneurs.