The Deep and Comprehensive Free Trade Area (DCFTA) between the European Union (EU) and its Member States and Georgia, provisionally in force since 2014, is the economic and trade pillar of the EU-Georgia Association Agreement (AA). It aims to deepen political association and economic integration between the EU and its associated partners. To achieve this objective, the DCFTA provides far-reaching and progressive regulatory alignment with EU legislation in trade-related areas and foresees gradual reciprocal market opening. With these distinctive components, it goes beyond the ‘new generation’ free trade agreements (FTAs) and represents ‘a unique type of trade agreement’.
This report provides the findings of the evaluation, including quantitative and qualitative assessments and stakeholder consultations, as described in the evaluation inception report.
Overall, implementation of the DCFTA has been efficient and effective, with room for improvement in several areas including legislative approximation, the implementation of trade and sustainable development (TSD) provisions and the use of preferences under the Agreement.
The Annexes to this paper are available here.