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BBC: Georgian Winemakers Ready to Toast End of EU Tariffs

Last year the BBC gave an extensive analysis to Georgian wine and culture. On top of this they also analysed Georgia’s image as an EU aspirant country in the Caucasus and the Black Sea Region, a topic that’s still being talked about today.

The article by the BBC states that “Today, wine remains an important part of both the Georgian economy, and the Caucasus nation's sense of identity, with thousands of winemakers together typically producing more than 100 million bottles a year.”

The publication describes the event from 27th June 2014 where “many corks were popped for a celebratory drink when crowds of people took to the streets of the capital Tbilisi to celebrate Georgia signing a free trade agreement with the European Union.

The deal meant that, from September 1st 2014, Georgian produce which meets EU standards would no longer be liable for tariffs when imported by EU member states.

The article also includes the calculation from the National Wine Association that EU importers had to pay in total  367’823 ($488’109 or £294’421) in tariffs back in 2013, which will soon be removed.

To view the full article click here

31 August 2015 14:23