BFC Georgian Agriculture Finance Bulletin. Edition #98, October 2020
start operations under the project and is capable of supporting more than 200 farmers in increasing their income. In total, more than USD 250,000 was invested in the enterprise. This includes a USD 50,000 grant obtained within the project, a GEL 275,000 grant from the state and GEL 277,000 in preferential agricultural credit.
Private Sector 9)
Georgia exports more than 25 tons of peaches and nectarines
October 6th, 2020, https://mepa.gov.ge/En/News/Details/20115
Between May 1 and October 4 of this year, Georgia exported 25.3 tons of peaches and nectarines worth a total of USD 21.3 million. This is an increase in volume of more than two times and an increase in revenue of USD 8.8 million. Georgian peaches and nectarines were mainly exported to: Russia (16,769 tons), Armenia (7,510 tons) and Azerbaijan (567 tons).
10) New technical regulations could lead to poultry meat shortage October 8th, 2020, https://bm.ge/en/article/threatens-or-not-shortage-of-poultry-meat-to-georgia-/65517/
New technical regulations that came into force at the end of October 2020 regarding the import of poultry meat have some importers concerned that there may be a shortage of poultry meat in Georgia in the near future. In particular, importers are concerned that their foreign counterparts may find it difficult to provide newly-required documentation (e.g. veterinary certificates) and will probably not be willing to go through much efforts to provide them to sell smaller quantities. If importers are correct in their expectations, the price of poultry meat in Georgia could see a rise.
11) Live sheep exports to Saudi Arabia up 6 times October 14th, 2020, https://mepa.gov.ge/En/News/Details/20122
The value of live sheep experts has increased 36% year-on-year, with Saudi Arabia representing a major market for such exports. In fact, live sheep exports to Saudi Arabia have increased six times through the first nine months of this year, amounting to USD 4.5 million in total value so far. To help boost sheep exports to Saudi Arabia, a special quarantine space has been set up near Madatapi Lake (Ninotsminda municipality) to ensure sheep are properly inspected and determined as fit for export.
12) 90 tons of Georgian blueberries find export markets October 15th, 2020, https://bm.ge/en/article/90-tons-of-blueberries-were-exported
More than 90 tons of blueberries valued at USD 500,000 and produced in the village of Laituri have been successfully exported, mostly to Russia. The blueberries, produced on an area of 32 hectares, are in high demand in Russia and command a price 20-25% higher than last year. In the near future, blueberry producers in the area hope to diversify their export markets into the European Union.
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