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Prices of products should be determined when contracts concluded

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  • Prices of products should be determined when contracts concluded

    Prices of purchased products should be determined when contracts
    concluded: President


    YEREVAN, May 5. / ARKA /. Prices of products purchased from the
    farmers should be determined when contracts with processing companies
    are concluded, President Serzh Sargsyan said Thursday during a meeting
    with top managers of processing companies, Sargsyan's press office
    reported.

    "It is unacceptable when processing companies sign contracts with
    farmers, and then, depending on the situation, the amount of harvest
    and so on, they start negotiating prices," said the president.

    According to the president, another strange picture is observed when
    prices of agricultural goods in two adjacent areas are different.

    "I think it's wrong. In my opinion, the best approach is one when
    signing contracts, it is clear to people what price they will get for
    their products, "said Sargsyan.

    According to him, if not this, then next year, it is necessary that
    all economic entities are able to give their preliminary estimates
    about how much of crops they could buy and conclude contracts with
    that in mind.

    He noted also that the number of processing companies is gradually
    increasing along with rising demand.

    "Your mission is to stimulate increased production of agricultural
    products not only for processing at canneries and making profits, but
    also because increased agricultural output will have a significant
    impact on inflation,"- said Sargsyan. -0-




    From: A. Papazian
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