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Japan provides Armenia with another agricultural grant

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  • Japan provides Armenia with another agricultural grant

    ArmenPress
    March 22 2004

    JAPAN PROVIDES ARMENIA WITH ANOTHER AGRICULTURAL GRANT

    YEREVAN, MARCH 22, ARMENPRESS: Armenian agriculture minister David
    Lokian and a senior official of the Japanese embassy in Moscow,
    Masataka Yosidzava, signed today an agreement according to which the
    Japanese government will provide Armenia with another, the seven
    consecutive grant of 200 million Yens.
    Japan has given Armenia already 2.13 billion Yens in the form of
    grants since 1997 for agricultural development to buy 70,000 tons of
    fertilizers, 53 harvest combines and 226 tractors, which were sold to
    farmers at privileged terms.
    Lokian said today that part of the grant, which is also made
    available for purchase of agricultural machines and fertilizers, will
    be used for restoration of Armenian forests and building dams to
    protect lands against floods.
    Yosidzava said his government has decided to cut aid to emerging
    countries, reducing the list from 70 to 14, "but basing on
    transparent and effective utilization of previous grants by the
    government of Armenia, it has decided to keep Armenia on the list."
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