Trade Relations Between Georgia and Armenia: Getting Close or Distant?

Abstract

The paper begins with describing the main problem addressed, as well as methods and data used to shape arguments. Afterwards, the core analysis is divided into sections of non-tariff barriers for trade between Georgian and Armenia, and tariff barriers. In the NTBs section, we describe legal and institutional framework regulating trade relationship between two countries highlighting existing benefits and challenges in multi- and bilateral agreements, as well as tax and customs laws and regulations. In the TBs section, we provide descriptive statistics to show the pattern of trade between Georgia and Armenia before and after joining EEU. We discuss turnover and structure of trade. Then look at export divided in categories of net and re-export. Finally, we present conclusion and policy recommendations for addressing challenges created by the problem discussed in this paper.