// IP Marketing video - START// IP Marketing video - END

Armenia posts 10,2% growth in gross agricultural production Jan-July 2012

Armenia posts 10,2% growth in gross agricultural production Jan-July 2012

PanARMENIAN.Net - Gross agricultural production totaled AMD 291,5 bln in Jan-July 2012, increasing by 10,2% as compared to the same period of 2011, Agriculture Minister said.

As Sergo Karapetyan told a press conference, over 20% and 2 % growth was recorded in crop and livestock sectors respectively.

“The agriculture sector plays an important role in shaping the country’s GDP. If the share of agriculture in GDP totaled 17% in 2010, already in 2011 it grossed 20.2%,” he said, stressing the importance of agriculture sector in boosting exports.

Minister Karapetyan further noted that the export volume grew by 13% in January-July 2012, with 55,7% growth reported in exports of agricultural products.

 Top stories
“The two sides are currently preparing the required infrastructure for boosting natural gas exchange,” NIGEC chief Alireza Kameli said.
Sargsyan said fingerprints of some 1.5 million potential voters will have to be collected which requires a lot of work.
The country’s foreign trade turnover increased by 6.8% in January – May, compared with figures registered in the same period in 2015.
Foreign trade turnover amounted to $1.46 billion in the first four months of 2016, growing by 4,2% against the same period in 2016.
Partner news