Georgian winemakers cautious on post-WTO Russia (Georgia)

Georgian winemakers cautious on post-WTO Russia (Georgia)

Georgian winemakers plan to keep their products out of the Russian market, where they have been a hit since Soviet times, as officials warn their neighbor’s World Trade Organization membership may not guarantee fair treatment. Georgia is striving to recapture the 10 percent or more economic growth it achieved before losing a five-day war with Russia in 2008 and may benefit from renewed wine sales to a market that previously bought four-fifths of its annual output. Still, the government is warning against reigniting dependence on Russia and producers aren’t in a hurry to resume shipments, having diversified their export markets to countries as far afield as China.

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