From June 2–4, 2025, a series of stakeholder consultation roundtable discussions was held in Tbilisi to assess the potential introduction of Crop and Warehouse Receipts in Georgia—financial instruments aimed at strengthening access to finance for agricultural producers at both pre-season and post-harvest stages, and their potential relevance to Georgia’s financial and agricultural sectors.
This initiative is being implemented by the Investors Council of Georgia in cooperation with the Georgian Farmers Association, with support from the International Finance Corporation (IFC)—a member of the World Bank—and its donor partner - the State Secretariat for Economic Affairs (SECO).
Three sessions targeted key stakeholder groups:
🔹 Public sector authorities
🔹 Financial institutions
🔹 Representatives from the agricultural sector
The consultations featured contributions from international experts, including:
– Kyrylo Mukhomedzyanov, Project Lead, IFC
– Leyla Huseynli, Financial Sector Specialist, IFC
– Agil Abdullayev, Legal Expert, IFC
– Ivan Yerko, Director, OTP Agri-Factory, OTP Bank Ukraine
The dialogue provided an opportunity to exchange international experience, discuss legislative frameworks, and consider the institutional infrastructure necessary for successful implementation in Georgia.
This marks a significant step toward developing sustainable, agriculture-specific financial tools that can enhance sectoral growth and improve financial inclusion in rural areas.
