Georgian companies to participate in EU public procurement

According to the decision adopted by the Georgia-EU Association Council, companies registered in Georgia got the opportunity to participate in public procurement in 27 EU member states, Report informs.

The trade agreement between Georgia and the EU envisages the participation in tenders in EU countries. Until now, Georgia has had restrictions on the right to participate in public procurement.

According to the information from the State Procurement Agency of Georgia, about 250,000 state entities in the EU purchase products and services worth approximately €2 trillion. Germany, France, Italy, the Netherlands, and Spain are the largest suppliers.

The Minister of Economy and Sustainable Development of Georgia, Levan Davitashvili, said that the decision will be a new incentive for companies operating in the country: "It is also an important step forward in the integration of Georgia into the European economic space."