“Import and distribution companies at the Shanghai Expo in China expressed great interest towards Georgian manufacturers and their products,” – Natia Turnava, the Minister of Economy and Sustainable Development stated. The Minister visited the China International Import Expo (CIIE) in Shanghai, where she examined Georgian stalls.
Georgia is participating in China International Import Expo (CIIE) in Shanghai for the second time. This time, 33 companies presented stands for local distributors and viewers. Most of them were wine producers, since China was the third largest export market for Georgian wines after Russia and Ukraine in 2018. Natia Turnava spoke to wine producers who managed to find partners at the Shanghai Expo last year. It is noteworthy that on the very first day of the exhibition, one of the Georgian wine companies, which participated in the Shanghai Expo for the first time, signed a Memorandum of 1 million USD, which stipulates delivery of its wines on the Chinese market.
Joint Georgian-Chinese companies also participated in the Georgian pavilion, including a tea plant that brings high quality tea to the Tsalenjikha municipality, evaluates it there and sells the final product in China. According to the company representatives, Georgia has the opportunity to produce high quality tea, which can be sold in China and other countries.
Most of the Georgian companies were producers of food, as well as the wine and non-alcoholic beverages. Georgian leather and textile producers were also presented at the Shanghai Expo, which provided visitors with high quality and original products as well as introduces their production capabilities.
“The Chinese market is very important for Georgian companies. Since the Free Trade Agreement entered into force in 2017, our exports between Georgia and China has been substantially increased and diversified. We will work to expand our product into this huge market and maximize the potential that the Chinese market has for the Georgian industry. This is very important for the development of our export industry. We are a country on a historic at the silk road and we will use this potential to the best of our local production,” – the Minister of Economy and Sustainable Development said.
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