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Georgia Received 50 million euros from EU to Develop Agricultural Field

Georgia Received 50 million EUR from EU to Develop Agricultural Field

Georgia received 50 million EUR within the frame of ENPRAD 2 Phase from European Union in order to develop agriculture.

The proper agreement was signed today. As Georgia´s First Deputy Minister of Agriculture Nodar Kereselidze stated to “Business Contact, the amount received will be fully spent on rural development programs, such as support for agricultural cooperatives, and food safety.

“Enpard 1 phase is almost at the end and we are having more than 1,000 new cooperatives that was the major component of this program.”

The program has several components, one is the budget support component, a second component is the grant, through which the beneficiary receives the benefit and the third one is technical assistance component.

The funds will be used primarily to create a scale of production in agricultural sector. Meaning that the small farmers will be united in cooperatives.

“The priority is to have the export potential products, such as wine, nuts, vegetables and other”, – said Kereselidze.