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has been cited by the following article:

• TITLE: The Impact of China Georgia Free Trade Agreement on China Georgia Import and Export Trade

  AUTHORS: Javakhishvili Nino

  KEYWORDS: China Georgia, Synthetic Control Method, Free Trade Agreements, Bilateral Trade

  JOURNAL NAME: Open Journal of Business and Management, Vol.12 No.2, March 28, 2024

  ABSTRACT: In recent years, the economic and trade relations between China and Georgia have steadily developed, and the bilateral trade volume has maintained rapid growth. According to data from Chinese customs, trade between China and Georgia is showing a continuous growth trend, with the total trade volume increasing from $04 million in 2000 to $1.408 billion in 2022. China has become Georgia’s third largest trading partner. This article uses composite control method to empirically study the trade effects of China Georgia Free Trade Agreement on the two countries using data from 25 sample countries from 2001 to 2022. Research has found that China and Georgia face issues such as insufficient overall trade scale, structural imbalance, and trade imbalance; Through the analysis of the current implementation status of the China Georgia Free Trade Agreement, this article believes that the agreement reduces protective barriers, expands trade scale, and improves resource allocation efficiency; This article uses the composite control method to evaluate the impact of the China Georgia Free Trade Agreement on bilateral trade between the two countries. The study finds that the China Georgia Free Trade Agreement promotes the total bilateral trade between the two countries; Further exploration was conducted from both export and import perspectives, and it was found that free trade agreements can promote China’s import and export trade with Georgia, and have a greater trade effect on exports. Finally, based on the research findings, relevant countermeasures and suggestions are proposed: leveraging comparative advantages, expanding channels for economic and trade cooperation, and expanding channels for enterprises to obtain information on free trade agreements.