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Friday, June 1, 2012

Prime Minister's opinion changed: Russian market to become a prioritiy

1.06.2012 (Hvino News) Opening of Russian market has now become one of top priorities of Georgian government.  Prime Minister Nika Gilauri named Russian market among the main directions for the next 4-5 years. The statements were made ​​yesterday during annual conference of European  Foundation at Radisson Hotel in Tbilisi. Mr. Gilauri also noted that during this said period the principal directions were admission to NATO and conclusion of free trade agreements with the United States. "Of course, the loss of the Russian market and the global financial crisis has damaged our economy, but we were able to get out of it with minimal losses and quickly," said the Prime Minister of Georgia.

A few months ago, Gilauri did not advise Georgian businesses to enter the Russian market. In November 2011 he said: "The Russian market might open for Georgian products, nothing is ruled out, but it cannot be the main driving force of  the economy. Fortunately that is, because the country’s economy is greatly diversified". Russia has banned imports of  Georgian products since 2006. At the end of last year Sanitary Service of Russian Federation agreed to allow Georgian wine and mineral water to enter Russian market, however there is no concrete result so far. Georgian lemonade has already appeared in the Russian market.

© Hvino News

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