The Retail Association of Georgia has expressed support for the ruling party’s initiative to reduce food prices, following a meeting between trade network representatives and Prime Minister Irakli Kobakhidze. Association CEO Sopho Kashakashvili said the first discussion focused on dialogue and data review, but no specific plan for price reductions was presented.
Kashakashvili noted the meeting was constructive and transparent, allowing participants to analyze figures and identify factors affecting food prices. She emphasized that follow-up meetings would clarify which products and sectors are most impacted.
The CEO also highlighted potential mechanisms to support price regulation, including encouraging local production, tax policy incentives, and banking system measures. However, she clarified that the government did not discuss subsidies or discounts for retail companies during the first meeting.
Kashakashvili stressed that long-term plans will be developed over time and welcomed the initiative as a positive step, noting that consumers feel the pressure of high prices and any measures to improve affordability are appreciated by both businesses and the public.
