Georgian authorities may lift wheat export ban ahead of schedule

Published 2023년 4월 4일

Tridge summary

The Georgian government has lifted the ban on wheat exports, which was in effect from July 4, 2022, until July 1, 2023. The decision was made due to the absence of risks to self-sufficiency and food security. The ban was initially implemented due to food safety concerns related to the situation in Ukraine. Georgia, which has a self-sufficiency rate of 15% in wheat, consumes 700-800 thousand tons of wheat annually, with the majority being imported from Russia. The government's aim is to increase the self-sufficiency rate to 50% in the future.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The ban on the export of wheat in Georgia is valid by decision of the government from July 4, 2022 until July 1, 2023 The ban on the export of Georgian wheat will be lifted ahead of time in the absence of risks to self-sufficiency and food security, the head of the Ministry of Agriculture, Otar Shamugiya, said at a briefing after a government meeting. By order of the government, Georgia has stopped the export of wheat and barley on July 4, 2022 until July 1, 2023. The decision to ban exports was made on the basis of food safety concerns related to the events in Ukraine. As Shamugia noted, this decision will help farmers sell their wheat in the free trade area. According to the minister, work on the relevant government decree will begin tomorrow. In addition, the minister noted that the decision to ban last year, taking into account food risks, was justified. During the year, Georgia consumes 700-800 thousand tons of wheat. The main part of ...
Source: Zol

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