EU to finance creation of 160 farmer cooperatives in Georgia

Photo: EU to finance creation of 160 farmer cooperatives in Georgia / Georgia

Tbilisi, Georgia, March 12
By Nana Kirtzkhalia - Trend:

The European Union (EU) will allocate 15 million euros to Georgia for the development of agricultural cooperatives.

Georgian Deputy Minister of Agriculture, David Galegashvili attended the ceremony of signing a memorandum between the EU and four consortiums, Oxfam, Mercy Corp, Care and People in Need.

Deputy Head of the EU mission in Georgia, Boris Yarochevich made a welcome speech at the ceremony.

"It is gratifying that agriculture is a real priority for the Georgian government. With the support of the Ministry of Agriculture it became possible to start the EU programme whereby the fund will allocate 15 million euros to Georgia for the creation and development of farmer cooperatives," Yarochevich said.

Nearly 160 farmer cooperatives will be created in 45 regions of Georgia.

David Galegashvili in turn stressed that under the European Neighbourhood Programme for Agriculture and Rural Development project (ENPARD), agricultural cooperatives will receive technical and financial assistance. This will be another important aid for Georgia's agrarian sector and expansion of agricultural production, Galegashvili said.

Translated by L.Z.

Edited by S.M.

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Tags: EU , Georgia