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IFC, Austria Help Armenian Companies Improve Food Safety Practices A

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  • IFC, Austria Help Armenian Companies Improve Food Safety Practices A

    IFC, AUSTRIA HELP ARMENIAN COMPANIES IMPROVE FOOD SAFETY PRACTICES AND INCREASE COMPETITIVENESS

    armradio.am
    18.05.2012 15:00

    IFC, a member of the World Bank Group, in partnership with the
    Austrian Ministry of Finance is launching an advisory project to
    help Armenian food producers improve food safety practices, thereby
    increasing their competitiveness, sales and exports.

    The IFC Armenia Food Safety Improvement Project will draw on IFC's
    global and regional expertise to help Armenia's food producers adopt
    best international food safety practices. The project will conduct
    seminars and provide in-depth advice to select firms to help them
    implement HACCP (Hazard Analysis Critical Control Points), a globally
    recognized standard and the basis for most international food safety
    certification schemes.

    Thomas Lubeck, IFC Regional Manager, South Caucasus, said, "We have
    many success stories in this region showcasing how improved food safety
    creates opportunities for food producers and facilitates access to
    new markets. Our work in Armenia is part of our regional efforts to
    support agribusiness, which is one of the most important sectors for
    employment in the region."

    The IFC Armenia Food Safety Improvement Project is supported with funds
    from the Austrian Ministry of Finance. HACCP is the most widespread
    and effective international system that identifies, evaluates and
    controls hazards significant to food safety.

    Since Armenia became a member of IFC in 1995, IFC has invested $202
    million in 35 projects across several industries, including financial
    markets, manufacturing, and mining. IFC Advisory Services also provides
    advice through projects focusing on improving food safety practices,
    the financial sector, sustainable energy and regulatory simplification.

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