YEREVAN. – The average annual growth of Armenia’s winemaking industry is twenty percent, over the course of the past five years, Economy Ministry’s Department of Industrial Policy Head Hayk Mirzoyan stated during a press conference on Monday.    

In his words, a winemaking strategy has been developed, according to which Armenia’s wine production and export will be tripled by the year 2020. To note, 5.6 million liters of wine were produced in the country last year and its 700,000 liters were exported.    

The aforesaid strategy will be examined at the Winemaking Council, which includes all of Armenia’s twenty winemaking companies. Once approved by the Council, this strategy will be submitted for the approval by the Prime Minister-adjunct Industrial Council.   

As per Hayk Mirzoyan, activities are underway toward expanding grape production because there is a shortage of grapes due to rapid development of winemaking.