Markets and trade
 

Detail

Area
Georgia
Commodity Group
Grains
Commodity
Wheat
Date
01/04/2020
Policy Category
Trade
Policy Instrument
Import subsidy
Description
Launched a subsidy programme for wheat imports, according to which beneficiaries will receive a subsidy of USD 40 per tonne of imported wheat, on condition that they sell a 50 kg bag of flour at no more than GEL 51 (USD 16). The measures come amid trade limitations implemented in exporting countries of the subregion and a recent increase in the export price quotations of wheat.