On February 1, 2025, Georgia became part of the New Computerized Transit System (NCTS) of the European Union. This event marks an important step in the country's integration into the European economic space and opens up new prospects for Georgian business.
What is NCTS?
NCTS is a system developed by the European Commission and implemented in EU countries in 2004, replacing the TIR transit system used since the 1970s. It allows real-time exchange of transit cargo data between 36 member countries, including the UK, Turkey, Iceland, Norway, Serbia, Ukraine, Switzerland and Northern Macedonia.
Benefits for small businesses
For small and medium-sized businesses, joining NCTS offers a number of significant benefits:
- Simplification of transit procedures: It is now sufficient to submit a single transit declaration at Georgian customs to transport goods to EU countries and other member states in the system. This reduces bureaucratic barriers and speeds up the delivery process.
- Reduced time and cost: Simplifying procedures leads to less time spent on paperwork and lower associated costs. For small businesses, this means more efficient use of resources and increased competitiveness.
- Market expansion: Participation in NCTS facilitates access to markets in 36 countries, opening up new opportunities for exports and diversifying the customer base.
- Increased transparency and security: The system ensures transparency of transit operations and reduces risks associated with the movement of goods, which is especially important for small businesses seeking to establish trusting relationships with foreign partners.
Georgia's accession to NCTS is a significant step that significantly simplifies foreign trade activities for small and medium-sized businesses. Simplification of transit procedures, cost reduction and expansion of sales markets create favorable conditions for the development and growth of Georgian enterprises in the international arena.