The perspectives of the development of life insurance market in Georgia

Abstract

Preconditions for access to the EU labor market and the EU-Georgia Association Agreement Freedom of movement is a right that belongs to every EU worker and is one of the four fundamental freedoms of the European Union. Every citizen of the Union has the right to move freely within the European Union, to enter and reside in any other Member State. This right is guaranteed by Article 18 of the EC Treaty. Addressees of the fundamental freedoms are mainly the Member States. In the European Union, the free movement of persons has been guaranteed since 1993 as one of the four fundamental freedoms, in addition to the free movement of goods, the freedom to provide services and the free movement of capital. The free movement of persons includes freedom of movement for workers and freedom of establishment. Freedom of movement means the abolition of residence and work permit requirements, as well as the abolition of personal checks at the borders, or visa-free movement. For the new accession countries of the EU there were some restrictions up to 6-7 years. In order to realize these freedoms, it is often necessary to harmonize the laws. From 2016, following the entry into force of the Association Agreement with the EU, Georgia will be able to implement these fundamental freedoms, but not completely. Georgians can enter the Schengen area of the EU from 28 March 2017 without a visa and only with biometric passports. The difference between Georgia and the Eastern European post-socialist countries, which started agreements with the EU in 1990 years, is that it was clear from the beginning which steps would follow after the association agreement. However, in the case of Georgia it is less likely that at the end of the satisfying all requirements of the association agreement membership in the EU will follow.