In order to promote economic, trade and investment relations, as early as December 2020, the ministers of economy of the two countries made a decision regarding the start of negotiations on a free trade agreement. Moreover, on May 9, 2022, a document on the terms of negotiations for a comprehensive economic partnership agreement was signed between the United Arab Emirates and Georgia.
A joint council was established between the chambers of commerce in the two countries in 2022.
On October 10, 2023, in Dubai, the Comprehensive Economic Partnership Agreement was signed between the United Arab Emirates and Georgia.
The United Arab Emirates is one of the largest investor countries in Georgia and this trend is increasing every year. In 2003-2022 over 1,1 billion US dollars came to Georgia from the United Arab Emirates.
Number of passengers carried by direct regular flights between Georgia and the United Arab Emirates in January 2024 amounted to 47 084 passengers, which is by 17,1% more than in the same number compared to the same period of 2023. 4 airlines fly daily from the United Arab Emirates to Georgia with a frequency of 37 flights a week, which was also reflected in the passenger flow - in 2023, by 24% more passengers arrived from the United Arab Emirates to Georgia than in 2022.
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