Development Foundation of Armenia and Vine and Wine Foundation of Armenia supported participation of 13 Armenian wine, brandy and other alcoholic beverage producing companies in ProWine China 2017 expo, held on November 14-16 in Shanghai, China.

According to DFA, the sector is one of the government’s priorities, therefore the participation of companies with export potential has been co-financed within state support.  

ProWine China is the largest exhibition of the sector, with 650 companies from 37 countries participating this year, and over 12 000 importers and professionals expected to visit.

The representatives of both foundations have made preliminary cognitive work with international buyer organizations and distributors, to achieve demand for Armenian products.

“The Asian market is a new yet perspective export direction for the Armenian companies. We have big plans: the government has created favorable conditions for winemaking and brandy, and the interest of investors and international buyers in the field is also evident. As a result, in different regions of Armenia the number of vineyards grows, new factories are established, and this direction of tourism attracts more visitors to our country,” remarked CEO of Development Foundation of Armenia Armen Avak Avakian.

“In the birthplace of wine, in Armenia the vitivinicultural sector is experiencing renaissance and by participating in this expo, as a country introducing the royal drink to the humanity, we once more engage in gaining world market share. Armenian wine and brandy are full of unique taste and have all the preconditions to be competitive in international market,” stated Executive Director of Vine and Wine Foundation of Armenia Zaruhi Muradyan.

DFA reminded that in order to promote export and international recognition, the heads of two foundations signed a joint venture agreement on September 5 of 2017.