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Wine Exports from Georgia to Russia Decreased 58% in January – August

In January – August 2015 wine exports from Georgia to Russia decreased by 58%, and as a whole – by 46% compared to the same period last year, the  National Wine Agency under the Ministry of Agriculture of Georgia informs.

It is noted that, “in spite of the increase in exports of wine from Georgia to  a number of countries, exports have sharply reduced to  the two largest importing  states – Russia and Ukraine.”

“The reduction of exports to these countries was caused by political and economic instability  in the region and had an impact on the performance of exports of wine in general,” they say in  the Agency.

Earlier, Georgian winemakers talked about a reduction in the supply of wine to Russia due to the fall of the ruble.