EU to support hazelnut, fruit juice and tea value chain development in Georgia

EU to support hazelnut, fruit juice and tea value chain development in Georgia

EU to support hazelnut, fruit juice and tea value chain development in Georgia

The FINANCIAL -- A new project funded by the EU as part of the EU4Business initiative will help connect Georgian agro-processing companies with the European market.

The project ‘Eastern Partnership: Ready to Trade – an EU4Business initiative’ aims to improve the competitiveness of Georgia’s small and medium-sized enterprises (SMEs) and to connect them to international and EU markets.

The project implementation started in March with an SME survey from the agro-processing sector, conducted in cooperation with the Export Development Association.

Based on the results of the survey, as well as the findings of the project inception phase, three value chains – hazelnut, fruit juice and tea – have been prioritised for project assistance in view of their export potential to the EU.

The survey results show that 49% of surveyed companies are already exporting to the EU and 37% have expressed interest in entering the EU market.