In Georgia, they said that, if necessary, they can replace imports of Russian wheat with supplies from other countries

Published 2024년 10월 16일

Tridge summary

Levan Silagawa, the head of the Association of Flour Producers, assured that Georgia is capable of quickly sourcing wheat from alternative markets if Russian supplies are disrupted. Although 97% of Georgia's wheat imports currently come from Russia due to favorable transport conditions, the country is ready to pivot to other suppliers such as Kazakhstan, Ukraine, and EU nations like Romania, Hungary, and Bulgaria. Georgia is also prepared to adapt its logistics, utilizing sea or rail transport to ensure a steady wheat supply.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The head of the Association of Flour Producers, Levan Silagawa, said that Georgia will be able to quickly find an alternative to Russian wheat, Business Georgia writes. According to him, 97% of wheat imports to Georgia come from Russia due to short transportation time and low transportation costs compared to other markets. "In the event of a negative scenario, which may occur, the situation will be leveled by stocks and efficient operation of the supply chain. If the supply is stopped, we have alternative markets - these are Kazakhstan, Ukraine, the countries of the European Union, in particular Romania, Hungary, Bulgaria. We can replace the market very ...

Source: Elevatorist