Georgian wool to be exported to EU countries
18 March, 2016
Georgian wool to be exported to EU countries
Wool is the first animal product that will be exported from Georgia to EU countries. At his point, European Union has recognized two Georgian wool producing companies. These are “Georgian Wool” and “Georgian Wool Company”. Accordingly, at present only these two companies can export crude wool to EU countries.

Georgian National Food Agency says the role of the state in successful negotiations is very important and the government did everything for the Georgian wool to be recognized by EU. At
this point, the negotiations are still underway and the detailed information will soon be available.

“The state took the main responsibility – quality control. As for the exporting price and frequency of delivery, this, of course, depends on the companies themselves.

They should collect the quality and quantity of wool that will be requested by the partners. It should be noted, that our European colleagues expressed their confidence not only towards the mentioned companies but also towards our country as a whole. In fact, Europe has recognized that our veterinary system works properly,” the Deputy Director of National Food Agency, Lasha Sokhadze told Business Press News.

The veterinary service periodically carries out control in factories, where wool is collected and apart from that, monitors sheep and goats.

“At this point, two Georgian companies are authorized to export wool to Europe. I cannot say that they meet 100% of requirements, but at least they fulfilled the minimum of what was required,” Sokhadze added.

The first, experimental lot of wool was sent to Great Britain in 2015 by Georgian Wool Company. However, during that period, Georgia did not form part of the list of so-called third countries. That is why the container was returned. Zaur Kuliev, the Director of the company says negotiations with the British partners are now underway and the details will be available shortly.

“At first, we plan to export 22 tons of wool. If the British are satisfied with the quality, we will expand our export in 2-3 weeks time. We by a kilogram of wool for 0.80 GEL and the exporting price that was negotiated last year was 1.05 USD. We do not expect this price to change significantly,” Kuliev says.

Georgian Wool Company now exports wool in Ukraine and India but the price is significantly low. That is why, as the Director of the enterprise says, European market is much more profitable. Zaur Kuliev plans to hold further negotiations with Germany, Estonia and Italy. He says his company will be able to deliver up to 200 tons of wool monthly.

As for another company, Georgian Wool, its Director Gia Khadilashvili says the company now holds negotiations with several European countries, including Germany and Estonia. Khadilashvili prefers to act more carefully and plans to send smaller containers at first.

“At present, we have almost 80 tons of wool. I invested a considerable amount of money in this business and that is why the European market is very important for us,” Khadilashvili says.

A representative of the Shepherds’ Association of Georgia, Beka Gonashvili says it is very good that European market has opened for Georgia and thinks that Georgian companies will be able to meet all the requirements.

By Kristine Gamtenadze

Related Stories:

Young Georgian winemaker’s wine may enter British market


Georgian Sweets Firm Aims for European Market


Svanetian Salt “Lushnu” to hit Georgian, European and Asian markets

Print
Other Stories
Georgia Acquires Up to 400,000 COVID-19 Tests and 50 Ventilators With World Bank Support
With the World Bank's $80 million Emergency COVID-19 Response project financial support and mediation, the government of Georgia was able to procure 147 000 Rapid COVID-19 Antibody and Antigen Test Kits and 250 000 PCR Test, that will triple Georgia's testing capacity to 3000 samples per day by mid-July, - reports World Bank.
Georgian business associations establish Georgian Tourism Industry Alliance
Business associations representing various sector of the hospitality industry in Georgia agreed to establish Georgian Tourism Industry Alliance (GTIA).
IMF approves $200 million for Georgia
The Executive Board of the International Monetary Fund has approved US$200 million financing to Georgia to address the effects of the COVID19 pandemic.
Georgia will be one of the first to open tourist corridors, Economy minister vows
Georgia’s Minister of Economy and Sustainable Development Natia Turnava pledged that Georgia would be one of the first countries to open safe tourist corridors with other countries.
Georgia’s GDP may contract 4%, the worst in the region amid pandemic
International Monetary Fund forecasts a 4% contraction of Georgia’s economy, which very much depends on tourism and money transfers.
Georgian retailers fight for survival as coronavirus pandemic continues
Pandemic has affected everyone worldwide, but one of the most vulnerable are retailers, those who depend on consumers and their spending.
Georgia remains the fifth in terms of budget transparency
According to the 2019 Open Budget Survey (OBS), conducted by the International Budget Partnership (IBP), Georgia got 81 points out of 100 in state budget transparency, the Transparency International Georgia said on Wednesday.
Georgia to receive €1.16 million for agriculture development
Within the GRETA project, the EU, Sweden and Austria launched the Local Development Initiative (LDI), to create great economic opportunities in the organic agriculture sector for farmers, farmer groups, cooperatives, processing units as well as other actors along various organic value chains.
Products rotten amid nationwide lockdown in Georgia
Food chain security is becoming more and more important as lockdown stays in place and farmers cannot transport their products from one place to another.
Georgian government to spend GEL 3.5 billion within crisis management plan
Georgian government has introduced a crisis management plan that consists of different stages. GEL 3.5 billion will be spent to cushion economy but this amount does not cover the post-crisis recovery period.
Georgia to receive €183 million from EU to fight Coronavirus
Due to the economic crisis caused by the pandemic of the coronavirus disease COVID-19, the EU has proposed a new package of macro-financial assistance.
Air traffic to be halted until May 22, GCAA says
Air traffic in Georgia will stay halted until May 22, 2020, Georgian Civil Aviation Agency says in a statement.
Georgian PM discusses support packages from ADB, EBRD
Prime Minister of Georgia Giorgi Gakharia held a video conference with the presidents of the EBRD and ADB regarding the possible assistance and financial resources to be allocated to Georgia due to the challenges associated with the global pandemic.
EBRD to provide €1 billion to Georgia, other countries
The EBRD and Georgia are stepping up cooperation as the country's economy faces the challenge of the coronavirus outbreak – says an official statement published on ebrd.com.
Government closes ski resorts in Georgia over COVID-19
The season at the ski resorts of Georgia closes ahead of schedule, the Prime Minister’s spokesman, Irakli Chikovani, said at a briefing.
Georgia will export armored vehicle Didgori Warrior
A new Georgian armored vehicle Didgori, equipped with a 120mm mobile mortar module, will be exported under the agreement signed between the Military Scientific-Technical Center Delta and one of the countries of the Middle East, the Ministry of Defence said.
Korter: Reliable housing property data in Georgia
It's not a simple job to find fresh homes. But when you use the estate choice service Korter, everything becomes distinct.
Rent a car in Tbilisi – Parent.ge
Are you thinking of booking the best vehicles for your next trip at a very reasonable price? If yes, then this is one of the best decisions you can ever make for yourself.
Pleasant Sunday for the whole family – Renewed Sunday’s brunch at The Biltmore Tbilisi Hotel
Summer, the season of endless fun and vacations, has ended and Tbilisi has become a usually crowded city.
GEL devalues, officials show optimism though
Devaluation of the national currency has sent shockwaves among citizens in Georgia. Officials think that the trend will return to its normal frame, though.
ProCredit Bank’s 20 years of challenges and successes in Georgia and what it means to be a responsible bank
“The bank’s 20-year long presence in Georgia was marked by many challenges and success stories.
Comments on alarming GEL devaluation
The National Bank of Georgia set a new exchange rate, according to which, dollar price became GEL 2.9507 on Tuesday.
Euronews and Silknet sign an MOU to launch “Euronews Georgia”
Euronews and Silknet, Georgia’s leading telecommunications company, are announcing the signing of an MOU in view of launching Euronews Georgia, a news channel and digital platform aimed at a Georgian-speaking audience.
Green Diamond starts to hand over flats to owners as second stage of construction finishes
Second stage of construction of Green Diamond living apartments by MAQRO Construction has finished and process of hand over of flats to owners has started.
Georgian wine tasting in the US came off excellently
Georgian wine tasting in the main cities of the US, New York, Chicago, and Boston went off excellently.
PHOTO OF THE DAY
GEL Exchange Rate
Convertor
03.08.2020
04.08.2020
USD
1
USD
3.0721
3.0721
EUR
1
EUR
3.6420
3.6420
GBP
1
GBP
4.0343
4.0343
RUB
100
RUB
4.1573
4.1573
Other Stories
Recently Toyota rolled out Global Campaign under this slogan that reflects the Olympic and Paralympic Spirit of Encouragement,
A couple from Switzerland combines Swiss tradition and technology with Georgian products. Their cheese is made in the Georgian mountains and sold in local stores and hotels.
It has been more than five years since the residents of Lilo village, near Tbilisi, cannot open their windows.
63 000 GEL was received by the Georgian Agro Export Group which is just a small part of the European Neighbourhood Programme for Agricultural and Rural development.
Georgian entrepreneur Guka Tavberidze, who runs his own business in the UK and does it quite well, has been invited by BBC
The grand opening of 7-star The Biltmore Hotel Tbilisi took place in Georgia’s capital on July 31.
DUSHETI, Georgia – The Georgian government and the World Bank will allocate USD 5.6 million (12 million GEL) to fund
A new Georgian clothing brand named Person has emerged in Georgian market.
Georgia is in the midst of an economic maelstrom, Euronews reports.
Situation at Georgia’s mineral water market is interesting: over the last year, the volume of export has grown by 56 percent. According to “GeoStat”, over $114 million worth of mineral water was sold
GEL Exchange
USD
1
USD
3.0721
EUR
1
EUR
3.6420
GBP
1
GBP
4.0343
RUB
100
RUB
4.1573
August 2020
Mon Tue Wed Thu Fri Sat Sun
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31