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Armenian PM To Prioritize Agricultural Development

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  • Armenian PM To Prioritize Agricultural Development

    ARMENIAN PM TO PRIORITIZE AGRICULTURAL DEVELOPMENT

    Vestnik Kavkaza
    Feb 22 2012
    Russia

    Armenian Prime Minister Tigran Sargsyan met activists of the Republican
    Party in Oktemberyan (Armavir Region) and said that agricultural
    development would be a priority for the next 5 years, ARKA reports.

    He noted that Armenian villages will have infrastructure and service
    system formed, as in Yerevan.

    The main aspects of agriculture to be developed are seeding,
    agricultural equipment and production of fertilizers. Armenia has
    been importing elite seeds from Russia in the last two years, for the
    first time in decade. Armenia plans to produce 30,000 tons of seeds
    annually to have self-sufficient seed production.

    90% of agricultural equipment has become outdated and needs
    modernization.

    Sargsyan noted agreements to import harvesters from Russia and tractors
    from Belarus. The government is developing leasing companies for
    the purpose.

    The World Bank is assisting in development of a program to subsidize
    50% of funds needed for purchases of agricultural equipment for 55th
    most socially-unsupported communities.

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