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Armenia Loses Chance To Boost Export Of Wine To Russia

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  • Armenia Loses Chance To Boost Export Of Wine To Russia

    ARMENIA LOSES CHANCE TO BOOST EXPORT OF WINE TO RUSSIA

    ArmInfo
    2008-08-22 13:13:00

    ArmInfo. Armenia lost the chance to boost export of wine to Russia
    after Russia embargoed Georgian wines, Chairman of the Union of
    Winemakers of Armenia Avag Haroutiunyan told ArmInfo.

    'We should have been acted immediately, but we didn't. Quite on the
    contrary, export of Armenian wines began sagging', he said. 'We did
    not occupy the niche of Georgia in the Russian market, and we couldn't
    do that since Georgia exports about 40 million bottles of wine to
    Russia annually and Moldova - 230-240 million bottles. The whole our
    capacity is 7-8 million bottles of wine annually. We have at last
    reached the level of 1 million bottles of wine annual export. Russian
    market potential is 500,000 bottles of wine annually and several
    millions of bottles are not significant for it>, A. Haroutiunyan said.

    He is sure that the key problem of Armenian winemaking is lack of
    necessary mechanisms for advertising in abroad. Although the Union
    of Armenian Winemakers has repeatedly applied to the government for
    assistance in organization of advertising in the territory of Russia,
    it was not received relevant response, he said.
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