Introduction:

The aim of this study is to evaluate the economic feasibility and implications of free trade agreement between the EU and Armenia as well as of greater regional integration between Georgia, Armenia and the Black Sea countries. The study uses a mix of qualitative and quantitative analysis along with surveys, sectoral studies and local expert knowledge. This approach will allow the policy maker not to rely on any single methodology while providing an interrelated analysis of various aspects of free trade agreements (FTAs).