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Journal number 4 ∘ Mamuka Kuprashvili
A brief assessment of the main legal norms and risks regulating the wine industry

Expanded Summary

The present article aims to show us the main legal norms that regulate wine production and the risks of the national wine industry in the way of development.

The production and sale of wine is regulated by various laws. Including product safety, hygiene, packaging, environmental protection and others. The article discusses such important regulatory norms as the Law "On Grapes and Wine", which defines the main legal framework for national wine production. Also, the HACCP (Hazard Analysis and Critical Control Point) concept, which must be followed for exporting products to the EU market, as this concept aims to produce products that are safe for health. EU Regulation 178/2002 implies the identification of producers at each stage of the production chain.

Winemaking industry is regulated by various legal norms. One of them, the “Georgian law on Winemaking" ensures the proper implementation of important issues related to product safety and packaging. The supervisory body for wine production, the National Wine Agency, which monitors and brings enterprises into compliance with legal requirements, were created on the basis of the same law.

Certain laws and regulations that regulate the production/sale of wine throughout the European Union are not defined by the Georgian legislation, however, it is expected that after concluding the European Union Association Agreement in 2017, the regulatory norms of the wine sector will be further improved in the legislation.

There are various types of risks associated with the wine industry, which are directly related to wine companies. It is important to identify specific challenges in this area. It is necessary to analyze the threats so that the economic development of the field does not face problems in the future. It is necessary to determine the most difficult period of the reporting year for wine companies in order to be prepared to deal with these difficulties. It is important that the enterprise minimizes the damage caused to the environment.

It is not allowed to produce products harmful to people's health, as well as products the "traceability" of which is impossible. Traceability should answer the questions: who, how, (from what) where and when the product is produced. Wine made in Georgia meets these requirements defined by law.

The wine industry faces great risks in today's business environment. It is desirable to continue active work on increasing the number of exporting countries with greater intensity, so that the national product is less dependent on the wine market of any country. Alongside with the above, the involvement of experts in the field and the use of qualified labor will reduce the degree of risk in this direction.

It is desirable to improve the laws that will regulate the wine enterprises in order to produce products without harming the environment. The timely implementation of the obligations under the European Union Association Agreement will solve the mentioned problem soon.

It is advisable for enterprises to meet the vintage - the most difficult period of the wine production cycle in time and prepared, when they need more production capacities and a large amount of liquid assets.

In the end, it can be said that the improvement of legal norms and risk assessment are relevant issues, because they create an important economic climate for the wine industry and enterprises operating in this field.