Georgian wine company signs 15-year agreement with China
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Georgian Wine Company Gruzvinprom and Chinese company Jiangxi Silk Road Investment have signed 15-year Memorandum of Cooperation (MoC) to boost the Georgian products’ export in China.
Within the MoC the two company plan to establish a joint company which will promote Georgian brand in China and support sales of Georgian products on Chinese market.
Today’s MoC is one more clear example of how economic relations have been deepening between Georgia and China following the free trade agreement signed recently between the countries. This cooperation will significantly support Georgian wine export to China – the country which appreciates and honours Georgia’s history and traditions,” said Agriculture Minister Levan Davitashvili, who also attended the MoC signing ceremony.
As of today Georgian red wine is sold at about 30 shopping centre in China.
Gruzvinprom, which has long established its niche at the Georgian market and enjoys the greatest authority, is capable of processing 8,000 tons of grapes per season. The enterprise is able to create and maintain a stock of about 5,500 tons of wine.
At this stage, the enterprise can produce about 24,000 bottles of wine during a working day that amount to 600,000 bottles a month and 7,200,000 bottles a year.
Unique Georgian grape varieties will be planted in China’s province of Ningxia that will raise awareness about Georgian grape varieties in the country.
Georgia, a country famous for its rich wine-making history and traditions, is steadily gaining recognition in China.
Georgian wine company Shilda is preparing to export five million bottles of traditional wine to China over the next three years.
About 70 million consumers in China’s Hunan province will soon be able to taste and enjoy Georgian wine.
Wine lovers in China got a taste of Georgian wine at several exhibitions this week.
A group of Chinese wine importers and journalists has visited Georgia for a week to learn about the country’s wine and introduce it to Chinese consumers.
For the first time ever, Georgian wine will be sold at the stores of Cheers Wines in the Chinese capital of Beijing reaching a market of 22 million consumers.
China is welcoming the opening of a new Georgian wine museum that will show the country’s 8,000-year-old history of winemaking, its culture and folklore to visitors.