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Expert: 77 of 234 fish-breeding farms in Armenia closed in last 1.5 years

06.12.2013, 19:28
Seventy seven of 234 fish-breeding farms in Armenia stopped functioning within the last one and a half years, Arthur Atoyan, chairman of the Association of Armenian Fish Farmers and Exporters, said at a news conference on Friday.  “The country’s fish farms are in a very critical condition now,” he said. “If certain measures are not taken, 70% of them will be on the brink of closure.”  
Expert: 77 of 234 fish-breeding farms in Armenia closed in last 1.5 years
YEREVAN, December 6. /ARKA/. Seventy seven of 234 fish-breeding farms in Armenia stopped functioning within the last one and a half years, Arthur Atoyan, chairman of the Association of Armenian Fish Farmers and Exporters, said at a news conference on Friday.  

“The country’s fish farms are in a very critical condition now,” he said. “If certain measures are not taken, 70% of them will be on the brink of closure.”  

Large debts and high taxes create problems, he said. 

In particular, 65% of fish-breeding businesses are in a critical condition because of loan liabilities, 25% of fish farms are making both ends meet, and only 10% have no problems.   

Besides, the expert said, transition to half-closed recycling water supply will have adverse impacts on fish businesses. 

Armenia’s fishery output totaled 946 tons in October – 18.7% year-on-year growth. The whole output has been sold. ---0-----