French Minister of Economic Recovery Plan and President of the General Council of Hauts-de-Seine department, Mr. Patrick Devedjian said that Hauts-de-Seine will allocate 500 000 euro annually for Armenian rural areas development.

Implementation of programs started in 2004 in cooperation with Hayastan All Armenian Fund. Now, the delegation led by Mr. Devedjian is in Armenia to get acquainted with the work carried out.

“To improve living conditions in the regions, agricultural production should be boosted,” the French official said. “Cooperative societies will be established to help local manufacturers ensure best results.”

Executive Director of Hayastan All Armenian Fund Ara Vardanyan said for his part that collaboration with Hauts-de-Seine department will encourage implementation of similar projects jointly with other countries.