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Armenia wants to lease agricultural machinery of “Rosagromash” - Minister

13.10.2011, 01:11
Armenia wants to buy agricultural machinery of the production of Russian Association of Manufacturers of agricultural machinery on the principles of leasing, said Armenian Agriculture Minister Sergo Karapetyan to the journalists on Wednesday.
YEREVAN, October 12. /ARKA/. Armenia wants to buy agricultural machinery of the production of Russian Association of Manufacturers of agricultural machinery on the principles of leasing, said Armenian Agriculture Minister Sergo Karapetyan to the journalists on Wednesday.

“Delegation of Rosagromash visited Armenia some days ago. We had meetings in the Ministry and with the Prime Minister. In its result we signed an agreement which will soon be effective. There is an agreement to provide us machinery on preferential basis and long-term lease with a maturity date of up to 7 years”, said Karapetyan.

He said that it is a preliminary agreement, after which there will be negotiations for the implementation of the planned projects.

“Agricultural machinery in Armenia is depreciated and needs restoration. 70% of the machinery has operated for over 20 years. Only 30% is renovated and 5.4% of the park of agricultural machinery corresponds to the operation dates”, said the Minister.

The Armenian side is interested in the establishment of joint enterprises, service centers, specialized storages of spare parts, as well as center of training of the specialists.

The park of the main agricultural machinery in Armenia today is 14832 tractors, 1413 combine harvesters and 315 harvesters.

In Armenia, agricultural machinery is mainly the product of the leading Russian machine-building companies which was successfully used in Armenia for many years. 60% of Russian agricultural machinery is produced in Rostov-on-Don. -0-