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Armenian Winemaking's Average Annual Growth Is 20 Percent

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  • Armenian Winemaking's Average Annual Growth Is 20 Percent

    ARMENIAN WINEMAKING'S AVERAGE ANNUAL GROWTH IS 20 PERCENT

    news.am
    October 08, 2012 | 14:01

    YEREVAN. - The average annual growth of Armenia's winemaking industry
    is twenty percent, over the course of the past five years, Economy
    Ministry's Department of Industrial Policy Head Hayk Mirzoyan stated
    during a press conference on Monday.

    In his words, a winemaking strategy has been developed, according
    to which Armenia's wine production and export will be tripled by the
    year 2020. To note, 5.6 billion liters of wine were produced in the
    country last year and its 700 million liters were exported.

    The aforesaid strategy will be examined at the Winemaking Council,
    which includes all of Armenia's twenty winemaking companies. Once
    approved by the Council, this strategy will be submitted for the
    approval by the Prime Minister-adjunct Industrial Council.

    As per Hayk Mirzoyan, activities are underway toward expanding
    grape production because there is a shortage of grapes due to rapid
    development of winemaking.

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