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AGRICULTURAL GDP OF ARMENIA TO EXCEED 8.3% IN 2012- MINISTER
YEREVAN, December 26. /ARKA/. The volume of agricultural production in
Armenia rose by 8.3% to nearly 789.9 billion drams over the 11 months
from the analogical period a year earlier, Minister of Agriculture
Sergo Karapetyan said.
The agricultural GDP growth may still report higher rates in 2012,
according to him.
Karapetyan noted the growth was due to higher output of crop
cultivation and animal husbandry.
The share of agrarian sector in GDP also rose and will hit 21% in
2012 versus 20.2% in 2011 and 17% in 2010.
"The sphere plays important role in the economy of the republic, and
taking into account the potential of the arable areas and non-used
reserves, we have opportunities to develop agriculture as our
production, either crops or livestock, may be competitive on global
markets even though not meeting the international standards. We will
be challenged by a number of issues next year," he said.
Karapetyan highlighted after the crisis wave the progress in the
sphere was reached only thanks to village farmers and government
programs supporting farmers.
Grains and cereals production in 2012 climbed 3.3% to 455,000 tons
from a year earlier, potatoes- 630,000 tons (13% up), vegetables-
849,000 tons (7.8% rise) and grape- 242,000 tons (5.4%).
As of December 25, Armenia exported 31,000 tons of fruits, grapes,
vegetables and potatoes, which was 87% higher from 2011. According
to Karapetyan, 2012 was a stabilization year for Armenia, and next
year it is essential to develop agrarian sector as the republic has
important potential.
"We'll face some tensed work in 2013, much should be done to ensure
the agrarian sector development," Karapetyan added.-0-
YEREVAN, December 26. /ARKA/. The volume of agricultural production in
Armenia rose by 8.3% to nearly 789.9 billion drams over the 11 months
from the analogical period a year earlier, Minister of Agriculture
Sergo Karapetyan said.
The agricultural GDP growth may still report higher rates in 2012,
according to him.
Karapetyan noted the growth was due to higher output of crop
cultivation and animal husbandry.
The share of agrarian sector in GDP also rose and will hit 21% in
2012 versus 20.2% in 2011 and 17% in 2010.
"The sphere plays important role in the economy of the republic, and
taking into account the potential of the arable areas and non-used
reserves, we have opportunities to develop agriculture as our
production, either crops or livestock, may be competitive on global
markets even though not meeting the international standards. We will
be challenged by a number of issues next year," he said.
Karapetyan highlighted after the crisis wave the progress in the
sphere was reached only thanks to village farmers and government
programs supporting farmers.
Grains and cereals production in 2012 climbed 3.3% to 455,000 tons
from a year earlier, potatoes- 630,000 tons (13% up), vegetables-
849,000 tons (7.8% rise) and grape- 242,000 tons (5.4%).
As of December 25, Armenia exported 31,000 tons of fruits, grapes,
vegetables and potatoes, which was 87% higher from 2011. According
to Karapetyan, 2012 was a stabilization year for Armenia, and next
year it is essential to develop agrarian sector as the republic has
important potential.
"We'll face some tensed work in 2013, much should be done to ensure
the agrarian sector development," Karapetyan added.-0-