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Armenia To Substitute Georgia In Russian Wine Market

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  • Armenia To Substitute Georgia In Russian Wine Market

    ARMENIA TO SUBSTITUTE GEORGIA IN RUSSIAN WINE MARKET

    http://www.regnum.ru/english/622928.html
    1 5:27 04/13/2006

    Chairman of the Armenian Wine-Makers Union Avak Arutyunyan has
    commented to a REGNUM correspondent on ban of Georgian and Moldavian
    wine imports. He called the decision made by the Russian authorities
    a rightful one. As he says, " the Russian authorities should care,
    first of all, about health of their citizens."

    As the expert believes, decision of the Russian authorities will be
    "a severe blow to the economies of Georgia and Moldavia, as 25-30%
    of GDP of these countries was secured exactly on the account of
    wine-making." "The parties can reach a compromise, if, of course,
    the political aspect is settled. Actually, the issue of banning wine
    exports contains two aspects, a technological and a political one,
    and the latter is not predominant."

    Speaking about substitutes for banned Georgian wines, Arutyunyan
    said Armenia could profit from the situation in the Russian market:
    "In this case, Armenia can substitute Georgia, but we have a serious
    rival in the person of France, and the Armenian government should at
    this stage take immediate decisions and support Armenian wine-makers."

    From: Emil Lazarian | Ararat NewsPress
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