News/Press

A project by EU4Business and German Government helped Georgian startup company, Doctor Goods, manufacture 40,000 medical gowns in a week to address the COVID-19 pandemic. Georgian producer of medical textiles, Doctor Goods, was able to produce 40,000 medical gowns in a week after 12 additional sewing machines were purchased with support from the EU4Business Initiative of the European Union and...
About this initiative The evaluation will examine the costs and benefits of the EU’s “Deep and Comprehensive Free Trade Area Agreements” with Georgia and Moldova. These are part of the Association Agreement each country has with the EU. The study will assess the impact these trade agreements have had on trade and the economy, society at large, workers, human rights and the environment in each...
The Eastern Partnership (EaP) Trade Helpdesk, a new EU4Business project implemented by the International Trade Centre (ITC), a joint agency of the United Nations and the World Trade Organization, was launched in late 2019. The 5 year long initiative aims to increase economic ties between the EU and the EaP countries (Armenia, Azerbaijan, Belarus, Georgia, Moldova, Ukraine). The project will:...
“EU4Business: Connecting Companies” is the name of an ambitious new action funded under the EU4Business initiative of the European Union and managed by EUROCHAMBRES . The main aim is to promote trade between the EU Member States & the 6 Eastern Partnership (EaP) countries: Armenia, Azerbaijan, Belarus, Georgia, Moldova & Ukraine. The “EU4Business: Connecting Companies” project is expected...
EU4Business General Assembly: looking back on a decade of achievements and forward to the challenges ahead
The third meeting of the EU4Business General Assembly took place on 28 June 2019 in Brussels, and marked the 10th anniversary of the EU4Business Initiative. During this high-level event, the EU4Business Secretariat shared the results achieved during the last decade, as well as the progress made specifically in 2018. The 2019 General Assembly provided a unique opportunity for 83 participants,...
24 June, 2019, Tbilisi – 6,000 SMEs in Georgia’s regions have been consulted and trained on DCFTA related issues via DCFTA Information Centre services offered by the Georgian Chamber of Commerce and Industry (GCCI). Local entrepreneurs are now better equipped to compete on domestic market and take advantage of the opportunities provided by the free trade area with the EU. Results of the DCFTA...
13-day expert mission to Georgian hazelnut, dried fruit and tea companies
From 18-30 May international consultants from the International Trade Centre carried out an expert mission in the Western Part of Georgia, visiting 16 project beneficiary companies from the hazelnut, dried fruit and tea sectors. The visits were organised in the framework of the Ready to Trade project, funded by the European Union under its EU4Business initiative. The intensive 13-day expert...
Georgian ICT Companies Connect with Estonian and Latvian Counterparts in the B2B Exchange Event
Georgian ICT companies had an opportunity to meet leading counterparts from Estonia and Latvia at an International ICT B2B Exchange event in Tbilisi on 5 June, supported by the Ministry of Economy and Sustainable Development of Georgia and the EU4Business initiative. The event was organised jointly by Georgia’s Innovations and Technology Agency (GITA), Enterprise Georgia, the ‘SME Development and...
Project to Enhance Financial Inclusion and Accountability in Georgia, supported by the European Union and the World Bank
The European Union pledges €4.5 million through the Georgia Financial Inclusion and Accountability project, which will be implemented by the World Bank. On 24th May the European Union (EU) and the World Bank launched the Georgia Financial Inclusion and Accountability (FIA) project, at an event held at Tbilisi Marriott Hotel. The project is designed to support ambitious second-generation reforms...
The DCFTA Initiative East Guarantee Facility provides loans for SMEs
Five hundred and ninety loans have been issued for a total amount of €92 million in Georgia, the Republic of Moldova and Ukraine under the DCFTA Initiative East Guarantee Facility which is implemented by the European Investment Bank (EIB) together with the European Investment Fund (EIF), and benefits from financial support from the European Union under the EU4Business Initiative. The first...