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Georgia joins WWTG to better promote wine exports
Last Updated(Beijing Time):2010-10-21 09:11

Georgia has joined the World Wine Trade Group (WWTG) to better promote its wine exports, according to local media reports Wednesday.

Georgia signed an agreement to join the group in Argentina.

The WWTG, founded in 1994 with such initiating members of Argentina, Australia, Canada, Chile, New Zealand, South Africa and the United States, is an informal group of government representatives with a common interest in facilitating the international trade in wine and in avoiding the application of obstacles to international trade in wine.

The South Caucasus country of Georgia claims to be among one of the earliest nations in the world to grow grapes and make wine. Wine-making dates back in Georgia to as early as 5,000 years ago according to archaelogical findings.

Georgia now sells its wines to some 40 countries around the world, mostly countries which were the former republics of the Soviet Union.

Of the global wine market, Georgia takes some 0.3 percent of the share with its annual production of 1 million hectoliters.

In comparison, France dominates the world wine market with a share of 18.2 percent thanks to its annual production of 52 million hectoliters.

Other heavyweights in wine production and exports include Italy with 50.5 million hectoliters, Spain with 34.8 million hectoliters and the United States with 28.7 million hectoliters.

Source:Xinhuanet 
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