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Government Changes its Position – Red Grapes will be Subsidized

Ministry of Agriculture changes its position and is not going to cancel subsidies for red grapes. “Commersant” was told at the Ministry of Agriculture.
The subsidy amount will be GEL 0.05 less per one kilo of grapes than last year and  white grapes will cost GEL 0.35.

This year’s price of red grapes will be GEL 0.05 lower  than last year and the purchase price will be GEL 0. 15  per kg.

KHVANCHKARA will not be subsidized  this year. This year the state expects more price for grapes.

Recall that the previous leadership of the Ministry of Agriculture decided not to  subsidize the red grapes in the frames of “Vintage 2014”.

According to them, the export potential,  the planned sales and predicted yield allow the  state to  get out of the subsidy scheme of the red grape without creating any extra motivation in the sector in order  not to cause any negative developments in the field and sector  in whole.

In addition, it is known that wine producing companies will be able to use preferential credit resources in 2014.