European Union, French Development Agency (AFD) to start financing agricultural cooperatives, small commercial farms
The project is financed by the European Neighbourhood Programme for Agriculture and Rural Development (ENPARD) and the French Development Agency (AFD). Photo: Georgian Ministry of Agriculture.
Tweet 
Share
The European Union and the French Development Agency (AFD) are starting a new project to finance agricultural cooperatives and small commercial farms in Georgia, announced the Ministry of Environment Protection and Agriculture of Georgia today.
The project 'Financial, extensional and cooperative support for Georgian farmers' (FinExCoop Georgia) is a four year project with a budget of four million euros.
The new project will promote entrepreneurship, create new jobs and increase the export of new products", said first deputy Minister of Agriculture, Giorgi Khaniashvili.
Georgia has [access to an economic] market of 2 billion people to where it [exports] products without customs barriers. Thus, it is important to produce goods in the country which meet the requirements of the international market”, said Khaniashvili.
The project aims to support small and medium-sized farms to better use the opportunities of exporting products to new markets and especially to use the opportunities which Georgia has by the agreement of deep and comprehensive free trade area (DCFTA) between Georgia and European Union.
The project is financed by the European Neighbourhood Programme for Agriculture and Rural Development (ENPARD) and the French Development Agency (AFD).
The project will be implemented by the Frankfurt School of Finance & Management, Mercy Corps, Rural Development for Future Georgia (RDFG) and Chambre d’Agriculture du Loiret.
A €10 million project will be launched in Georgia’s Black Sea region of Adjara to promote rural development and small and medium-sized businesses in the region.
EU-funded projects with a budget of 22 million euros (60 million GEL) implemented by the UNDP and the FAO will provide direct assistance to rural communities and support the governments of Georgia and the Adjara Autonomous Republic in sustainable agriculture and rural development policy.
Georgia is launching a new state program "Young Entrepreneur” to support young people implement entrepreneurial activities in various regions of Georgia.
A new European Union (EU) supported project worth €12 million will be launched in Georgia to help the country implement the agriculture development strategy for 2015-2020.
Georgian farmers from Georgia’s eastern Lagodekhi region will have their sweet corn sold in Carrefour supermarket starting tomorrow.
Georgia will receive €35 million from the French Development Agency (AFD) to support social welfare reforms, announced the Ministry of Finance today.
The French Development Agency (AFD) has approved a grant of €300,000 under its technical expertise and experience exchange (FEXTE) fund to support the newly established National Agency for Sustainable Land Management and Land Use Monitoring of Georgia to promote the development of modern agriculture.