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Armenia can double exports of agricultural products - minister

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  • Armenia can double exports of agricultural products - minister

    Armenia can double exports of agricultural products - minister

    14:00 * 22.08.14


    Armenia's Minister of Agriculture Sergo Karapetyan had a meeting with
    reporters on Friday to present the data on Armenia's agricultural
    sector for January-July, 2014.

    According to him, Armenia's exports of agricultural produce are
    expected to double this year.

    "Our policy has been aimed to create favorable conditions for economic
    entities and resolving a number of problems," he said.

    According to official data, despite the damage caused by natural
    disasters, AMD 316.1bn gross agricultural output was recorded in
    Armenia this January-July - a 3.22% increase as compared with last
    year, with a 5.4% growth rate recorded this January-May.

    Among the achievements of this year is the improved use of cultivable lands.

    "Sown areas total 332.7 thousand hectares - 14.6 thousand hectares
    more as compared with last year, which means 74.2% of cultivable lands
    are used against 71% last year," the minister said.

    "We export about 70% of our food to Russia. Our accession to both the
    Customs Union and the Eurasian Economic Union will create more
    favorable conditions for us. We can double our exports and we will do
    so this year," Mr Karapetyan said.

    As regards the sanctions against Russia, the minister said Armenia has
    no problems entering Russia's market.

    "We are now providing the Russian side with the data on our exports. I
    do not think agricultural produce will rise in price in Armenia."


    Armenian News - Tert.am

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