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.