“We aim to thoroughly examine the processes involved in the price formation chain, exploring opportunities to optimise this chain, which should ultimately lead to lower prices for consumer products and fast-moving consumer goods,” stated Shota Berekashvili, Chair of the Parliamentary Committee on Sectoral Economics and Economic Policy, following a meeting with representatives of distribution companies, held within the framework of the Cross-Government Coordination Commission on Food Prices.

Berekashvili added that the sector has put forward various proposals.

“We have heard a range of proposals from industry representatives, and we will continue to work closely with them. A dedicated commission will be established within Parliament to collaborate with distributors, retailers, manufacturers, and importers on this matter. Ultimately, we believe that, over time, we will be able to achieve a reduction in prices. All of this will have a positive impact on our consumers and the citizens of Georgia,” Berekashvili concluded.