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Mary Ghevondyan appointed as head of Armenia’s National Viticulture and Winemaking Fund

08.09.2016, 16:13
The Armenian government has approved today the appointment of Mary Ghevondyan as director of the  newly established National Viticulture and Winemaking Fund, created by the government to boost Armenian wine industry and promote Armenian wines abroad.

Mary Ghevondyan appointed as head of Armenia’s  National Viticulture and Winemaking Fund
YEREVAN, September 8. /ARKA/. The Armenian government has approved today the appointment of Mary Ghevondyan as director of the  newly established National Viticulture and Winemaking Fund, created by the government to boost Armenian wine industry and promote Armenian wines abroad. 

According to the government, the Fund will abide by the principle of public-private partnership and will provide for high-quality and internationally competitive production. It will also support the implementation of measures aimed at upholding the prestige of Armenian wines on domestic and foreign markets.

Armenian wine exports in the first six months of 2016 grew by 24.7% from the same time span of 2016 to 779,900 liters, according to the figures released by the Customs Service. The customs value of exported wine amounted to $2.5 million against $1.7 million in the same period of 2015.

The bulk of exports -604,200 liters, worth $1.8 million- went to the Russian Federation. The figure was up from 501,100 liters exported to the same country in the first six months of 2015, that was worth $.1.2 million.

According to the National Statistical Service (NSS), wine production in the country rose by almost 11% in the first six months year-on-year to about 3 million liters.

Also exports of  ethyl alcohol with proof no less than 80%, alcohol tinctures, liquors and other alcoholic drinks in the first half of 2016 amounted to 10 million liters with customs value of $71.5 million, up from 4.5 million liters in the first half of 2015(with customs value of $40.6 million). 

The bulk - 88% - went to the Russian Federation. Armenian brandy exports surged by 34.5% from the year before to about 8.7 million liters. 

In 2015, because of the sharp devaluation of the Russian ruble Armenian wine exports to Russia fell by 31.5% to 1.451. million liters, while exports of ethyl alcohol with proof no less than 80%, fell by 8.4%. - 0-