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Negative trade balance reduced by $400 million in agriculture

Negative trade balance reduced by $400 million in agriculture
Negative trade balance reduced by $400 million in agriculture

Georgia has a good crop of wheat, peaches, apples, nectarines, hazelnuts, and grapes this year. From October, the country will start harvesting corn. According to the Ministry of Environment Protection and Agriculture's preliminary information, due to the increase of sown areas, high yields of corn are expected this year. The agency reported that a warehouse area of 84 000 square meters got built this year to store grain crops.

Minister of Environment and Agriculture Levan Davitashvili says that due to the decline in imports and significant growth in exports of agriculture since 2012, the negative trade balance reduced by $400 million. The negative balance dropped from 750 to 350 million.

"The practice of variety testing has been restored. The law on seeds and planting material has been adopted, which is part of the Ministry of Agriculture policy and the obligation to associate with the EU. Laboratories have been set up. Several successful companies are already producing quality seed material. Technologies have been improved, resulting in less damage to the soil and promoting increased fertility. We need drought-resistant seeds that will be suitable for climatic conditions and soils.

On the other hand, new technologies will allow us to maintain soil fertility. Also, the financial resources that the state made happen are important. In recent years, the number of mechanization has tripled, which is an important condition to produce more wheat and produce it more efficiently," said the Minister of Environment and Agriculture Levan Davitashvili.

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