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Armenia And Japan Sign Grant Agreement On Purchase Of Farming Machin

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  • Armenia And Japan Sign Grant Agreement On Purchase Of Farming Machin

    ARMENIA AND JAPAN SIGN GRANT AGREEMENT ON PURCHASE OF FARMING MACHINES FOR VULNERABLE FARMERS

    /ARKA/
    September 4, 2009
    YEREVAN

    YEREVAN, September 4, /ARKA/. Representatives of Armenian and Japanese
    governments have signed today in Yerevan a grant agreement whereby the
    Japanese government will provide Armenia with a fresh $1.5 million
    grant to be spent on purchase of farming machines for vulnerable
    farmers.

    The agreement was signed by Armenian minister of agriculture Gerasim
    Alaverdian and Misaki Ikegama, a counselor of the Japanese embassy
    in Moscow, Russia.

    The Armenian minister said the grant will be used to buy 5 harvest
    combines and 30 tractors that will be leased to farmers.

    It will be the 10-th Japanese grant for purchase of agricultural
    equipment.

    The first was made available back in 1997. A total of 63 combines
    and 305 tractors have been bought since then. Until 2001 the machines
    had been leased by farmers, after 2001 they were auctioned.

    Misaki Ikegama said the grants are given to help raise the
    self-sustainability level of Armenian farmers and their living
    standards. He added that the Japanese government is interested in
    further strengthening of relations with Armenia and will continue to
    support its economic development.
    From: Baghdasarian
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