The recent State activities towards agricultural sector, has promoted many interesting and positive tendencies.
We have frequently heard that Georgia is Agrarian country, although it still needs to be developed at its all levels and there are free places almost in all segments of Agro sphere.
The projects announced by Ministry of Agriculture and Project Management Agency, has caused the interest of many businessmen, or investors in Agricultural business of our country. The investors have discovered Georgia as country having a great agrarian potential. Despite the difficult reliefs and lack of lands, Georgia is a unique place with its location, soil quality, climate conditions and the most important thing to be emphasized is the huge resources of water.
During the last decades, for promotion of export and for substitution of import, many important measures have been taken in Georgia. One of the most important achievements is the Association Agreement, which was signed with the European Union on 2014 and which takes into consideration deep and comprehensive Free Trade Zone and provides more economic opportunities for entry of Georgian agricultural product to EU Market. In 2015, compared with 2012 the agricultural product exports have been increased with 19% and amounted to 612,000000 USD (six hundred and twelve million), herewith, within the same period the import has decreased to 13 % and amounted to 1.1 billion USD.
The basic Georgian export products are:
- Nuts (nuts and walnuts)
- Mineral water
- Alcoholic beverages
The Ministry of Agriculture plans annually the priorities and policies which must be implemented. In 2016, there are determined the following tasks for achievement of the defined ojectives:
- To increase the development and efficiency of primary agricultural production;
- Further development of post-harvest technology, expansion and modernization of storage and processing infrastructure;
- Implementation of international standards in manufacturing;
- Upgrading the knowledge and competitiveness of farmers;
- Diversification of export markets; The promoting of diversified markets;
To start business in Georgia is very simple. The company registration needs several hours. The Tax system is simple. During the recent years, our country takes world’s leading positions in fighting against corruption. The State Bodies are ready to maximally promote the private investments in Georgia. All above mentioned makes attractive environment and the interest of investors are very high. The proof of it is the recently completed large-scaled investments in primary agriculture and processing industry.
The agricultural potential of Georgia must be used and our country is expecting large-scaled investments.
irakli chikava Director