EU announces new support to agricultural sector in Georgia

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The FINANCIAL — The EU has announced the launch of a new agriculture development project in Georgia under the third phase of the EU-funded European Neighbourhood Programme for Agriculture and Rural Development (ENPARD), implemented by the Food and Agriculture Organization of the United Nations.

The agreement for the five-year long project was signed on 24 January in the Georgian capital Tbilisi, according to the EU Neighbours portal.

The €12 million project will aim to make Georgia’s agricultural sector more competitive. This will be done by assisting farmers and rural entrepreneurs through improved access to finance, better services and other support to farmers, rural households, agricultural cooperatives and other rural small and medium-sized enterprises (SMEs). It also includes the provision of individual grants to small farmers, rural entrepreneurs, cooperatives and SMEs for investments to improve their overall competitiveness.

The project will also work to improve the capacity of the country’s Ministry of Environment Protection and Agriculture to assist with effective policy-making and implementation of the Strategy for Agricultural Development 2015-2020, ENPARD said in a press release.

The EU is supporting rural development in Georgia through its ENPARD programme. Implemented since 2013, the programme aims to reduce rural poverty in the country. The first phase of ENPARD in Georgia focused on developing the potential of agriculture. The second phase focused on creating economic opportunities for the rural population that go beyond agricultural activities.

 

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