Friday 21 February 2014

EU and Georgia open talks on energy ties

EU and Georgia open talks on energy ties

The European Commission launched negotiations yesterday to strengthen energy links with Georgia and for the nation to join the EU’s Energy Community.

The Community fosters energy market co-operation between the European Union and neighbouring countries and Georgia becoming a member would mean it would have closer ties with the EU single energy market.

During the negotiation, the Commission and Georgia - located at the crossroads of Western Asia and Eastern Europe – exchanged views on a timetable for Georgia to implement key EU rules on electricity and gas networks, environment, renewable energy, energy efficiency, oil and on energy statistics.

Energy Commissioner Günther Oettinger said: “Joining the Energy Community will attract investments into Georgia and bring Georgian citizens and businesses closer to the other members of the Energy Community and the European Union.”

The next negotiation round is scheduled to take place in about a month’s time.

The energy community so far includes the EU and eight nations from southeast Europe and the Black Sea region. The aim is to create a more joined-up energy market across the region with greater cross-border trade.

Written by

Bruna Pinhoni

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