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di Giuliano Noci
4' min read
4' min read
In recent days, the Ministry of Agriculture and Food Sovereignty has launched, earlier than in previous years, the decree that gives the green light to the presentation of projects for the promotion of Italian wine on non-EU markets with funds allocated by the Common Market Organisation (CMO) for wine. The programmes must be submitted by 16 October.
Approximately 90 million euros are allocated for the year 2024-25 to co-finance projects at 50 per cent. Of this budget, 22 million will be managed centrally by the ministry for initiatives of national relevance, while the remaining 78 million will be disbursed locally through regional calls for proposals.
This is a measure that is highly anticipated by producers and has historically been of great importance for Italian wine. According to EU Commission data between 2009 (the year in which the measure was instituted) and 2023, 1.113 billion euros were invested in wine promotion in third countries in Italy. Just under half of the total (2.55 billion) of the resources allocated to all member states. Much more than Spain (601 million) and France (598).
Investments that have undoubtedly paid off: from the launch of the measure to date, the Italian wine market in third countries has grown by 107% (excluding the United Kingdom) for a turnover that is now 4.5 billion.
An important measure, therefore, and one that is still much needed, particularly after a year like 2023 in which, thanks to inflation, Italian exports have slowed down, so that these investments are essential torevive consumption and identify new outlets. But despite the evidence, such contributions are in the future at risk. In the past few months in Brussels and in the wake of the anti-alcohol initiatives, the possibility of the Commission continuing to invest in wine promotion has been questioned.