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Russia limits wheat delivery to Georgia

Georgia Materials 29 December 2014 18:45 (UTC +04:00)
Russia has limited the delivery of wheat to Georgia
Russia limits wheat delivery to Georgia

Tbilisi, Georgia, Dec. 29

By Nana Kirtzkhalia - Trend:

Russia has limited the delivery of wheat to Georgia.

The Georgian newspaper 'Banks and Finance' said Dec. 29 that Russia made a decision to limit the export of wheat in a number of countries, including Georgia.

Reportedly, 90 percent of Georgia's wheat import accounts on Russia. However, as the newspaper said, no rise in price of bread is planned.

The Chairman of Georgia's Bread Producers Association Levan Silagadze told the newspaper that the wheat has risen in price only slightly - one metric ton costs $280.

The country has a two-month supply, he said, adding "What happens next depends on global processes."

Edited by CN

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