ArmInfo. The French development agency will provide Armenia with a grant of 10 million euros for the implementation of agricultural programs in the Ararat and Armavir regions. This was reported during the seminar on the availability of financial resources for the country's farms.
According to the press service of the RA Ministry of Agriculture, the funds will be directed to the implementation of drip irrigation and anti-hail systems, the breakdown of intensive gardens, the processing of fruit crops and the consolidation of land. Within the framework of the program it is envisaged to enlarge a number of communities of Ararat region, located in the vicinity of the Vedinsky reservoir under construction, where a drip irrigation system is planned to be introduced.
Ambassador of France to Armenia Jonathan Lakot noted that the implementation of such projects will further strengthen the ties between the two states and will become a platform for the exchange of experience between representatives of various spheres.
Earlier, ArmInfo informed that in January 2016 a loan agreement was signed between Armenia and the French Development Agency for the amount of 75 million euros for the construction of the Vedinsky Reservoir. The document was signed on the basis of the strategic program for the long-term development of Armenia for 2014-2025. The loan is granted for a period of 20 years with a six-year grace period.
