BAKU, Azerbaijan, August 3
Tamilla Mammadova – Trend:
Georgia will subsidize the 2021 grape harvest due to an excess grape yield this season and the post-pandemic situation, said Prime Minister Irakli Garibashvili, Trend reports via Georgian media.
According to him, these steps are being taken in order to financially support farmers.
"The price of one kilo of the Rkatsiteli wine variety will not be less than 90 tetri (28.90 cents), noting that companies will receive an additional 35 tetri (11.24 cents) from the state," he noted.
Garibashvili also announced that this year the country will have an excess grape harvest which will amount to 300,000 tonnes.
"About 6,400 vineyards have been planted in the last eight years, underscoring that while there were 39 wine companies in 2012, by 2020 their number had increased to 350 and revenue grew from 35 million lari ($11.2 million) to 323 million lari ($103.7 million). The Georgian government has made so much progress in this area,” said Garibashvili.
Georgia’s wine export has increased by 7-8 percent compared to last year. Some 100 million lari ($32.1 million) has been allocated from the state budget for grape harvest subsidies in 2021.
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