Search

National treatment is applied to all investors and all sectors of the Georgian economy are open for foreign investment. The legislation lists a number of exceptions concerning the ban on investment in nuclear and chemical weapons, (...)

The following activities are prohibited in the FIZs (free industrial zones):
(...)
• production of and/or trade in nuclear and radioactive substances; (...)

(...) Normally, excise tax is levied to discourage the consumption of certain products, for health or environment protection purposes. (...)

Between 1 January 2009 and 4 August 2015, Georgia made 84 notifications on standards and technical regulations to the WTO. Among these, 30 were notified under Article 2.9 of the TBT Agreement. All were submitted by the GEOSTM (Georgian National Agency for Standards and Metrology), and the products concerned include different types of vehicles, electronic communications, oil products, construction rules, labelling rules, tobacco products, environmental protection, and rules on air transport, road transport, and maritime transport. (...)

Georgia also submitted five notifications under both Article 2.9.2 and Article 5.6.2 of the TBT Agreement on, inter alia, (...) certification on bio-farming procedures.

Market supervision is conducted by the National Food Agency under the Ministry of Agriculture on agricultural products, and by the Technical and Construction Supervision Agency (TCSA) on construction and hazardous materials, and industrial products. The Government elaborated a Market Surveillance Strategy for Industrial Products.

In March 2015, Georgia notified its Law on Live GMOs, which was adopted in September 2014. The notification makes reference to the Constitution of Georgia, and to the Cartagena Protocol on LMOs. The Law was prepared according to EU practices. The authorities indicated that Georgia is in the process of notifying its SPS enquiry point to the WTO.

Pesticide management is governed by the Food/Feed, Veterinary and Plant Protection Code, and the Law on Pesticides and Agrochemicals, in accordance with the Rotterdam Convention, the Stockholm Convention, the Basel Convention, and the Montreal Convention, as well as the FAO International Code of Conduct on the distribution and use of pesticides. Institutions involved include: the Ministry of Environment Protection and Natural Resources, the Ministry of Labour, Health and Social Affairs, and research institutions. According to the authorities, the registration process is harmonized with Annex I of the 91/414 EEC Directive.

From 2010 Georgia has been a member of the International Renewable Energy Agency. (...)

The process of privatization and deregulation of hydropower plants, as well as policy directed towards development of the domestic renewable energy sources and suitable legal basis resulted in investors’ high interest and growing share of the energy sector in the country's Foreign Direct Investments. (...)