AGRI REVIEW - MARCH 2024 - THE SECTOR AT A GLANCE

Last December, and non-alcoholic beverages decreased by 3.5%, the CPI grew by 0.4% compared to December 2022; the contributing -1.2 percentage points to the change in corresponding YoY changes were 0% and 0.3% for the total CPI. [...] In and February 2024, compared to the same period of February 2024, the prices decreased most notably last year. [...] Meanwhile, the share of agri imports in total imports grew slightly, from 12% in 2023 to 13% in 2024. [...] POLICY WATCH Committees support the Draft Law of Georgia on Biological Diversity The European Integration Committee and the Regional Policy and Self-Government Committee of the Parliament of Georgia reviewed and approved the Draft Law of Georgia on Biological Diversity, prepared by the Ministry of Environmental Protection and Agriculture (MEPA). [...] The Draft Law is expected to ensure the protection of the biodiversity, to aid preservation, and to improve the quantitative and qualitative characteristics of species and habitats across the country.