Economic Relations between Turkey and Georgia

The two countries have exemplary relations and close cooperation on a wide range of areas from energy to trade and from economy to education and culture. Turkey ranks the first biggest trade partner of Georgia with a bilateral trade volume of 1.33 billion USD in 2015. Turkish contracting firms have successfully completed 197 projects (total value of 3.5 billion USD) in Georgia so far.

BİLATERAL TRADE:

YEAR

EXPORT

IMPORT

VOLUME

BALANCE

2011

2.063

1.388

3.453

677

2012

2.584

1.638

4.222

946

2013

2.960

1.726

4.686

1.233

2014

2.876

2.229

5.105

646

2015

1.900

1.626

3.526

272

2014-2015 %

-34

-27

-31

-58

Source: TUİK, Ministry of Economy                                                                        (million Dolar)

Turkish-Georgian relations, free from political problems, develop in line with the principles of equality and non-interference in internal affairs. As a sign of exemplary bilateral relations, the citizens of both countries enjoy a visa-free regime for touristic travels. The Batumi Airport is jointly operated by Turkey and Georgia. Efforts to establish a “one-window model” at two countries’ common border gates are underway. In addition, Turkish and Georgian citizens are able to travel to each other’s country with their national identity documents (without passport). Thanks to all these developments, 1.9 million Georgian tourists visited Turkey in 2015.