On January 31, 2024, the Research Institute of International Trade and Investment – RIITI , with financial support of the Business Chamber of Asian & Gulf Countries, presented a multi-indicator research report -Bold (serif):
,,The current state of Georgian agricultural products in the GCC countries and their future potential”, within the framework of the project “Unity Through Diversity,” funded by the United States Agency for International Development (USAID). Analyst-researcher Anna Mari Chiburdanidze conducted interdisciplinary research under the academic guidance of Professor Lavrenti Chiburdanidze, Doctor of Economics at LEPL “Samtskhe-Javakheti State University.”
As a result of the research, the penetrability of Georgian products into the GCC countries was evaluated, and Georgian products with high export potential were identified based on the interests and needs of the Gulf Cooperation Council (GCC) countries. Tariff restrictions, trade conditions, and existing challenges affecting the export possibilities of Georgian products were studied in the mentioned market. Additionally, cultural, economic, and political factors that determine consumer behavior and the promotion of Georgian products in the GCC countries were identified.
Within the scope of the research, recommendations were developed based on consensus with experts and Georgian entrepreneurs. These recommendations aim to raise awareness of Georgian products in the GCC countries through cooperation between the public and private sectors, state co-financing for various projects, activation of relevant agencies, and the development of a strategic plan, especially for the Gulf Cooperation Council (GCC) region.