Saturday, January 27 2018 16:22
Alina Hovhannisyan

RA Ministry of Agriculture: In 2017, Armenia increased its agricultural exports by 21%, while imports increased by 17%

RA Ministry of Agriculture: In 2017, Armenia increased its  agricultural exports by 21%, while imports increased by 17%

ArmInfo. Armenia increased  agricultural exports in 2017 by 21%, while imports grew by 17%. This  was during the meeting with Prime Minister Karen Karapetyan, RA  Minister of Agriculture Ignat Arakelyan said. "Thus, in the sphere of  agriculture a positive trade balance has been fixed," he stressed.

According to the Government of Armenia, Ignaty Arakelyan also noted  that in the GDP structure the share of the agricultural sector by the  beginning of 2017 was 15.9%.

In addition, he said that within the framework of the state program  it is planned to increase the area of intensive gardens by 200  hectares, and on the initiative of the private sector - an additional  600 hectares. He noted that currently in the republic there are 2,190  hectares of intensive gardens.

Speaking about introduction of drip irrigation systems in the  country, I. Arakelyan noted that this year within the state program  the system will be implemented on an area of 1,600 hectares. "At  present, the work that the private sector must perform is being  adjusted," he said. Anti-hail nets will be installed on an area of 1  350 hectares.

Within the framework of the state program on leasing of agricultural  machinery, farmers will be provided with machinery and equipment for  a total amount of 2.8 billion drams. In this vein, Arakelyan noted  that according to the results of 2017, 165 households were granted  farmer households. agricultural machinery, which is more than 2.5  times the annual index.

For his part, the prime minister stressed that it is necessary to  understand the causes of the problems that have accumulated in  agriculture. "We have no restrictions on the markets. We have a  liberal trade regime within the framework of membership in the EEMP.  With the EU, the regime of trade preferences GSP + operates. GSP mode  works with the USA, Canada, Japan, Norway and Switzerland, as well as  a free economic zone with Iran. Our goal is to have modern, efficient  and profitable agriculture, and for this we need to carry out  reforms, "Karapetyan stressed.

According to the National Statistical Service of Armenia, in Jan-Dec  2017, the gross agricultural output of the RA fell by 3.0% to 906.8  billion AMD.

POST A COMMENT
Input digits     


News
Armenia, US discussing cyber lab establishmentArmenia, US discussing cyber lab establishment
Brendan Hanrahan: Armenia, United States have significant potential  for bilateral cooperation in technological sphereBrendan Hanrahan: Armenia, United States have significant potential  for bilateral cooperation in technological sphere
From September 8-12, 2025, ruble transactions prevalent in Armenia`s  interbank  foreign exchange market instead of dollar transactionsFrom September 8-12, 2025, ruble transactions prevalent in Armenia`s  interbank  foreign exchange market instead of dollar transactions
Armenia proposes US to start developing  roadmap for TRIPP projectArmenia proposes US to start developing  roadmap for TRIPP project
In  Armenia`s insurance market,  loss ratio for OSAGO decreased to  74% by September 2025In  Armenia`s insurance market,  loss ratio for OSAGO decreased to  74% by September 2025
5,092,062 AMD to the Bridge of Hope NGO. The beneficiary for September is the Moonq Technoschool5,092,062 AMD to the Bridge of Hope NGO. The beneficiary for September is the Moonq Technoschool
 LEADER pilot program for rural development to cover three more  regions of Armenia LEADER pilot program for rural development to cover three more  regions of Armenia
High-Tech Ministry  discusses steps to turn Armenia into  regional  Web3 centerHigh-Tech Ministry  discusses steps to turn Armenia into  regional  Web3 center
SRC Head: Armenian Customs Service to operate on  SRC Head: Armenian Customs Service to operate on  "Trump Route"
Yerevan hosting international AI conference Yerevan hosting international AI conference 
Yerevan to host annual banking forum Yerevan to host annual banking forum 
Exchange of information on financial reports to apply only to  nonresidents Exchange of information on financial reports to apply only to  nonresidents 
Armenia`s defense budget 25% of national budget - president Armenia`s defense budget 25% of national budget - president 
Trump Road actually at practical stage - minister Trump Road actually at practical stage - minister 
More pluses than minuses - minister of reopening of Armenian-Turkish  border More pluses than minuses - minister of reopening of Armenian-Turkish  border 
Armenia`s finance minister call for `not terrorizing population by  national debt` Armenia`s finance minister call for `not terrorizing population by  national debt` 
Financing of participatory budgeting programs to be doubled in  Armenia in 2026Financing of participatory budgeting programs to be doubled in  Armenia in 2026
Pay your bill with Idram&IDBank, receive idcoinsPay your bill with Idram&IDBank, receive idcoins
 U.S. Department of State official announces allocation of $145mln to  Armenia for Trump route  U.S. Department of State official announces allocation of $145mln to  Armenia for Trump route 
Government agencies, organizations to return  property provided to  them free-of-charge by the end of 2027Government agencies, organizations to return  property provided to  them free-of-charge by the end of 2027
Only 15% of declarants in Armenia have filled out income  declarations. Deadline for filing- November 1Only 15% of declarants in Armenia have filled out income  declarations. Deadline for filing- November 1
The Regulator extends Gazprom Armenia CJSC license for natural gas  distribution The Regulator extends Gazprom Armenia CJSC license for natural gas  distribution 
Armenia, India discuss potential for direct flights between their  countriesArmenia, India discuss potential for direct flights between their  countries
Presentation of Mark Aren’s “The New Adventures of Sherlock Holmes” BookPresentation of Mark Aren’s “The New Adventures of Sherlock Holmes” Book
RA Ministry of High-Tech Industry hosts WB delegation RA Ministry of High-Tech Industry hosts WB delegation 
Mongolia`s concessions to Armenia to involve 98% of exports Mongolia`s concessions to Armenia to involve 98% of exports 
Energy cooperation with Iran discussed at RA Ministry of Territorial  Administration Energy cooperation with Iran discussed at RA Ministry of Territorial  Administration 
Armenia to allocate $7.5mln to subscribe for shares of the authorized  capital of Asian Infrastructure Investment BankArmenia to allocate $7.5mln to subscribe for shares of the authorized  capital of Asian Infrastructure Investment Bank
EIB to issue EUR 50mln loan to Armenia for socio-economic development  of Syunik EIB to issue EUR 50mln loan to Armenia for socio-economic development  of Syunik 
EIB puts forward initiative to specify some provisions of agreement  on financing of construction of Sisian- Kajaran section under  North-South program EIB puts forward initiative to specify some provisions of agreement  on financing of construction of Sisian- Kajaran section under  North-South program 
 Armenia, Iran discuss prospects of cooperation in oil and gas sector Armenia, Iran discuss prospects of cooperation in oil and gas sector
Deputy PM promises to consider  MP`s proposal to reduce sugar  consumption in ArmeniaDeputy PM promises to consider  MP`s proposal to reduce sugar  consumption in Armenia
20 million drams for Artsakh students, 10 million drams for a kindergarten for Artsakh children: IDBank20 million drams for Artsakh students, 10 million drams for a kindergarten for Artsakh children: IDBank
David Ananyan on Crossroads of Peace project David Ananyan on Crossroads of Peace project 
Inspection Authority: Another 11 organizations  get licenses to  export flowers to RussiaInspection Authority: Another 11 organizations  get licenses to  export flowers to Russia
Yerevan to host Discover Armenia festival Yerevan to host Discover Armenia festival 
Landslide blocks traffic on section of Mtskheta-Stepantsminda-Lars  roadLandslide blocks traffic on section of Mtskheta-Stepantsminda-Lars  road
New goods traceability rules to take effect in Armenia New goods traceability rules to take effect in Armenia 
The Power of One Dram Turns FiveThe Power of One Dram Turns Five
Martin Galstyan: Foreign partners reaction to  peace agreement  between Armenia, Azerbaijan in Washington is positiveMartin Galstyan: Foreign partners reaction to  peace agreement  between Armenia, Azerbaijan in Washington is positive
AraratBank and “4090 Charity” Foundation: 2309 Meters Above the EarthAraratBank and “4090 Charity” Foundation: 2309 Meters Above the Earth
Martin Galstyan:  Armenia`s economic growth is projected to be  4.9-5.3%  in 2025Martin Galstyan:  Armenia`s economic growth is projected to be  4.9-5.3%  in 2025
 ENA CJSC issues statement regarding queues for connection to   distribution network ENA CJSC issues statement regarding queues for connection to   distribution network
Pashinyan discusses  fiscal and expenditure framework of  Medium-Term  Expenditure Program (MTEP) for 2026-2028Pashinyan discusses  fiscal and expenditure framework of  Medium-Term  Expenditure Program (MTEP) for 2026-2028
idcoins and profitable mortgage loans. IDBank at TOON EXPO YEREVAN 2025idcoins and profitable mortgage loans. IDBank at TOON EXPO YEREVAN 2025
 SRC head  thanks Iranian ambassador for effective cooperation in  tax  and customs spheres SRC head  thanks Iranian ambassador for effective cooperation in  tax  and customs spheres
Yerevan Municipality offers tax benefits for incomplete projects to  developersYerevan Municipality offers tax benefits for incomplete projects to  developers
 RA MFA responds to report on `Pakistan-Armenia deal`  RA MFA responds to report on `Pakistan-Armenia deal` 
Pakistan to recognize Armenia as UN member state, Armenia to give  green light to Pakistan`s accession to EAEUPakistan to recognize Armenia as UN member state, Armenia to give  green light to Pakistan`s accession to EAEU
Record number of tourists in Armenia in May-Aug 2025Record number of tourists in Armenia in May-Aug 2025
Regulator fines companies for unreasonably high prices for servicing  cash registers Regulator fines companies for unreasonably high prices for servicing  cash registers 
Ardshinbank Participated in Toon Expo 2025 Real Estate ExhibitionArdshinbank Participated in Toon Expo 2025 Real Estate Exhibition
Armenia`s debt to World Bank increasing Armenia`s debt to World Bank increasing 
Russian-Armenian businessman Samvel Karapetyan promises large foreign  investments for Armenia Russian-Armenian businessman Samvel Karapetyan promises large foreign  investments for Armenia 
Armenia`s electric energy output shows 6.5% y/y declineArmenia`s electric energy output shows 6.5% y/y decline
Armenian metallurgy industry`s output down Armenian metallurgy industry`s output down 
Further decline in Armenia;s industry Further decline in Armenia;s industry 
Armenia paid $5bln for mere talks about Armenia drawing closer to EUArmenia paid $5bln for mere talks about Armenia drawing closer to EU
Trump Road to facilitate Armenia-Russian communication as well - RF  vice-premier  Trump Road to facilitate Armenia-Russian communication as well - RF  vice-premier  
Share of Armenia`s TOP-5 trade partners 65% of trade turnover Share of Armenia`s TOP-5 trade partners 65% of trade turnover 
Read more
Exchange rates
12.09.2025
RUB4.560.06
USD383.470.72
EUR449.962.75
GBP519.912.59
CAD277.171.47
JPY25.950.08
CNY53.850.12
CHF481.442.76