European Union to provide Armenia with 25 million euro assistance to support agriculture

European Union to provide Armenia with 25 million euro assistance to support agriculture

YEREVAN, May 30. / ARKA /. The European Union will provide Armenia with a 25 million euro assistance to support agricultural development, John Barker, an attaché on agricultural programs at the EU Delegation to Armenia, said today.

Speaking at a workshop in Yerevan titled From Stability to Development, he said 20 million euros will be given to the Armenian government to replenish its budget, and he remaining 5 million will be used to assist farmers.

Barker also said that the first 6 million tranche ill be provided to the Armenian government this year, the second - in the amount of 7 million - in  2015, and the third - worth 7 million euros Armenia will get in 2016.

He noted that part of the money will be used on the development and implementation of a sustainable development strategy for rural areas  for the period from 2015 to 2025 . Barker said the use of the funds will be monitored tightly over the next three years.

According to him, the majority of Armenian farmers have the potential for development, however, they are experiencing some difficulties in its implementation , and this is why they  need serious assistance.

Deputy Prime Minister Armen Gevorgyan stressed the importance of the development of agriculture in  terms of economic growth. He assured that the government will make every effort to encourage and assist farmers.

Head of the EU Delegation , Ambassador Traian Hristea, stressed that the EU will continue to assist Armenia in achieving sustainable agricultural development.

According to official figures, the EU’s financial assistance to Armenia in 2013 amounted to approximately 35-40 million euros. -0-

15:27 30.05.2014

Comments (0)




 

« September 2014

Mon
Tue
Wed
Thu
Fri
Sat
Sun
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
 
 
 
 
 
Username:
Password:

Registration
If you are new on the site, please fill out the registration form.

Enter the website you can use your account on any of the following services.

×