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Impact of the EU Deep and Comprehensive Free Trade Area Agreements on Trade Performance of Georgia and Moldova

Author

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  • Emir ETERIA

    (Associate professor at Caucasus University, Georgia)

Abstract

The paper aims to analyse the effects in the trade performance of Georgia and Moldova in light of the Deep and Comprehensive Free Trade Area (DCFTA) agreements with the EU. Hence, data for the period 2010-2019 is analysed to reveal the latest developments in the trade performance of these countries. The conducted analysis points to some positive developments in the trade of Georgia and Moldova with the EU for 2015-2019, however, compared to 2010-2014 or pre-DCFTA period the average annual growth rate of exports of both countries declined. Moreover, Georgia’s success to increase exports to the EU remain relatively modest as compared to Moldova. Therefore, Moldova has achieved more deep trade integration with the EU than Georgia. Furthermore, the effect of DCFTAs on trade relations between Georgia and Moldova is not substantial, and therefore, increased economic integration between the EU associated countries is not yet evident.

Suggested Citation

  • Emir ETERIA, 2020. "Impact of the EU Deep and Comprehensive Free Trade Area Agreements on Trade Performance of Georgia and Moldova," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 12(3), pages 198-212, December.
    • Handle: RePEc:jes:wpaper:y:2020:v:12:i:3:p:198-212
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    References listed on IDEAS

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    2. Annette Bongardt & Francisco Torres, 2018. "What Should Be the EU’s Approach to Global Trade?," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 53(5), pages 245-249, September.
    3. A. Adarov, P. Havlik, 2017. "Challenges of DCFTAs: How can Georgia, Moldova and Ukraine succeed?," Economy and Forecasting, Valeriy Heyets, issue 4, pages 7-38.
    4. Panagiota MANOLI, 2013. "Political Economy aspects of Deep and Comprehensive Free Trade Agreements," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 4, pages 51-73, December.
    5. Dür, Andreas & Baccini, Leonardo & Elsig, Manfred, 2014. "The design of international trade agreements: introducing a new dataset," LSE Research Online Documents on Economics 59179, London School of Economics and Political Science, LSE Library.
    6. Diana PERJU & Rodica CRUDU, 2019. "The Evolution of Economic Relations Between the Republic of Moldova and the European Union in the Period of 2007-2018," CSIE Working Papers, Center for Studies in European Integration (CSEI), Academy of Economic Studies of Moldova (ASEM), issue 12, pages 67-83, June.
    7. Amat Adarov & Peter Havlik, 2017. "Challenges of DCFTAs: How can Georgia, Moldova and Ukraine succeed?," wiiw Policy Notes 18, The Vienna Institute for International Economic Studies, wiiw.
    Full references (including those not matched with items on IDEAS)

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