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“By saying Armenian wine, we understand more than 6,000 years of history, traditions, culture, dedication and love of grape vine and wine,” Armenian Prime Minister Karen Karapetyan stated at an opening speech at the International Wine Forum launched today in Yerevan.

“Armenia is actually experiencing a revival of wine industry. While conserving our deeply rooted winemaking traditions, we combine them with modern state-of-the-art technology and research capacity,” the Pm added.

Karapetyan next pointed that the Government has declared winemaking as a priority sector of the economy through establishing the Armenian Vineyard and Winemaking Foundation to promote viticulture in the country.

“Our ultimate goal is to make of Armenian wine an internationally recognized brand, attract new investments in winemaking industry, boost export volumes, and secure a solid and sustained place on the global map of winemaking industry,” said Karapetyan.

He also recalled the recent trends, saying about 7.5 million liters of wine was produced last year in Armenia, which is 14% more than in 2015, while more than 1.8 million liters of wine was exported in 2016, which is 37% higher than in 2015.

The Head of Government said that Armenian wineries are equipped with French, Italian, German technology and equipment. Investments have come from Argentine, the United States, Switzerland and Italy, including from the Armenian Diaspora.

In conclusion, Prime Minister expressed the hope that the conference will result in more targeted and specific steps aimed at developing the sector.

To note, referred to as “The global trends and best practices in winemaking: conclusions and recommendations for Armenia,” the international wine forum seeks to provide stakeholders and companies with a cross-border platform to identify new development vectors, attract investments, build professional capacity and discuss the prospects for the furtherance of business and scientific cooperation.