“Previously, wine exports was impossible to China, in practice”, Paata Sharashenidze, founder of Usakhelauri Vineyards company, told Business Course. Georgian product was taxed by 58% in China and this tax was raising the product price.
But now, after signature of Georgia-China free trade agreement, Georgian wine exports will enjoy tax-free regime. As a result, demand for Georgian wines will grow, especially for red wines, the company representatives noted.
“We have serious opportunities on Chinese market. We have semi-dry wines and there is much demand for this wine in China. We have serious perspectives on Chinese market.
China has set requirements for wine quality and packing, but we are able to satisfy these requirements. They make focus on quality of wines”, Paata Sharashenidze said.