Tridge summary
The Georgian government has imposed a ban on the export of locally grown wheat and barley for the next year, from July 4, 2022 to July 4, 2023, in order to prevent domestic shortages. Despite growing around 130,000 tons of wheat annually, Georgia only satisfies 15-20% of its demand domestically and relies heavily on imports, primarily from Russia. This ban is part of the country's efforts to increase its self-sufficiency in wheat, with the ultimate goal of meeting 50% of its needs through domestic production.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The Georgian government has decided to ban the export of domestically grown wheat and barley to avoid increasing shortages in the domestic market, their agriculture minister was quoted as saying by the Interfax news agency. Important deadlines in July The ban will be in effect for one year - from July 4, 2022 to July 4, 2023. Since the beginning of the year, Georgia has only exported barley - about 2,500 tons to Iran and Iraq. Statistics for recent years indicate that the country grows about 130,000 tons of wheat annually, but this amount covers only 15-20% of domestic demand. Therefore, grain, especially wheat, is imported from other countries, with 85-90% coming from Russia. Due to the high tariff on wheat exports from Russia, Georgia imported much less of this grain in 2021, but ...
Source: Agri
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