ArmInfo. The Minister of Economic Development and Investments of Armenia Suren Karayan received the delegation of Iran headed by Deputy Minister of Industry, Mines and Trade, Director of the Trade Development Organization of Iran Mojtaba Khosrov Taji. As reported by Arminfo in the press service of the Ministry of Economic Development and Trade of Armenia, Suren Karayan noted progress in the issue of establishing cooperation in the field of export insurance. Mojtaba Khosrov Taji, in turn, said that the working group established to meet the exporters' tasks is already functioning effectively.
During the meeting, Deputy Minister of Agriculture Robert Makaryan, presented to members of the delegation - the Iranian businessmen- details on the program of leasing of agricultural vehicles launched in Armenia. Makaryan suggested that Iranian businessmen take part in the program. An agreement was reached on the formation of a working group to determine the further format of cooperation.
To recall, from March 27 Armenia began accepting applications for the purchase of agricultural equipment leasing. According to the program approved by the government, farmers will be able to purchase agricultural machinery in leasing at a rate of 2% per annum. Another 7% will be subsidized by the state. As a result, it is expected that in 2017 about 2.2 billion drams will be allocated for the purchase of agricultural machinery. To subsidize within the framework of the program of providing agricultural machinery for leasing within the next 6 years in Armenia it is planned to allocate 500 million drams, and already in 2017 - 120 million drams. If there is more demand, the government promised to consider the possibility of increasing its volume. "The beneficiaries of the program will be able to purchase agricultural equipment on favorable terms - at a rate of 2% per annum with a maturity of 3-10 years (small equipment - 3 g, tractors - 6, harvesters - 10)", - said 17 March Minister of Agriculture Ignaty Arakelyan. It should be noted that according to the data of the National Statistics Service, the foreign trade turnover between Armenia and Iran in January-December 2016 amounted to $ 238.8 million, with an annual decline of 17.7%. Export - $ 74.8 million with an annual decline of 8.4%, and imports $ 164 million, with an annual decline of 17.3%. The trade turnover between Armenia and Iran for 4 months of 2017 was $ 64.8 million (a decline of 14.5%).