Georgia is a European country
- Obtaining financial funding by joining the IPA
- Financing for infrastructure development
- Access to European Union educational programmes
- Increasing the attractiveness of investment in Georgia
- In addition to political recognition, candidate status also provides access to the financial resources of the European Union.
The European Union granted candidate status to the state of Georgia
The European Union officially granted candidate status to Georgia. In a statement on his account on the “X” platform, Thursday, December 14, 2023, European Council President Charles Michel said that the European Union decided to grant Georgia “candidate” status,
Georgia's relationship with the European Union
Georgia has entered into an association agreement with the European Union since July 2016. This agreement seeks to achieve political connectivity and economic integration between Georgia and the European Union. From an economic standpoint, Georgia and the European Union have entered into a deep free trade area. In addition, the European Union supports Georgia annually with more than 100 million euros in the form of financial and technical assistance. On March 18, 2017, the European Union allowed Georgian citizens to travel to Schengen Area countries without a visa.
Benefits of Georgia obtaining EU candidate status
Obtaining candidate status is a confirmation of the European future and one of the most important stages on the path to European integration. By granting this status, the European Union recognizes that the country already has the ambition and potential to join the European Union. If certain conditions are met, it will have the right to officially join the European Union.
When will Georgia join the European Union?
Georgia will be “fully prepared” to become a member of the European Union by 2030. Georgia could join the bloc “faster”, based on the progress it has achieved in the past period.
Comparing Georgia to all other countries, it has advanced a lot in the field of democracy, human rights and economic policy.
Georgia will work on the importance of the state of the economy by developing the economy in order to become a member of the European Union