New Trade Agreement Brings Greek Wine To China

New Trade Agreement Brings Greek Wine To China

The biggest wine trade deal ever signed between Greece and China is now officially confirmed. Greece will be exporting up to 3.600.000 bottles of wine per year after the cooperative wine production association VAENI Naousa signed the deal.

According to a Kathimerini daily report, the members of the VAENI association sent their first samples of wine to China in the summer of 2012, a sample which included some 260.000 bottles of the finest Greek wines. The deal was officially signed in October, and covers the export of 300 containers of wine per year for a period of 10 years, a value estimated to be worth millions of euros.

Mr. George Fountoulis, the president of the cooperative wine production association of Naousa, said that this deal will give a newly elevated status to the wine production zone of Naousa and the general Naousa region.

“We hope we will be able to gradually absorb the production of the broader region. Maybe even of other prefectures across Greece” added Mr. Fountoulis.

VAENI is expected to expand its exporting activities to other Greek products, such as olive oil, given the fact that China shows a strong interest in Greek traditional products.