Georgia Takes a Step Forward in Developing E-commerce with the Adoption of the Law "On E-Commerce"

The Georgian Parliament has taken a significant step towards the development of e-commerce in the country with the adoption of the Law "On Electronic Commerce" in the first reading. The new legislation was introduced by Deputy Minister of Economy and Sustainable Development, Guram Guramishvili, and is supported by the USAID economic administration.

The proposed law aims to regulate activities related to electronic commerce and information society services, and defines the responsibilities of those providing these services. It also sets out the principles of activity for both providers and recipients of information services, as well as their respective rights and obligations.

The development of this legal framework for e-commerce is a vital step towards promoting entrepreneurship and e-commerce in Georgia, as well as the proper functioning of the digital internal market. Furthermore, it will provide additional protection for user rights and increase trust in e-commerce platforms. Ultimately, this will contribute to the integration of Georgia into the single European digital market and the global trade space.

This move towards developing e-commerce in Georgia is a positive development for the country's economy. With more people turning to online platforms to conduct their business, it is essential to have a regulatory framework that protects the rights of both consumers and businesses. By introducing this legislation, the Georgian government is sending a clear signal that it is committed to developing a robust and competitive e-commerce market that will benefit the country's economy in the long term.