Tatul Manaseryan: Armenia lacks agricultural policySeptember 23, 2010 - 15:17 AMT PanARMENIAN.Net - Agricultural and food security is extremely vulnerable in Armenia, according to economist Tatul Manaseryan. “Armenia has been exempt from VAT for agricultural products import for the initial six years of its membership in the World Trade Organization. During these years, the country was expected but failed to avoid serious shocks,” Manaseryan told reporters on September 23. “As result of inferior policy, the price for 1 kg of potato fell to AMD 25 to grow tenfold this year,” he said. “As to grains, Armenia is strongly dependent on global prices.” However, the economist said, Armenia is capable to develop its own economic policy to be less dependent on world prices. “The country can fully satisfy the internal market demands and prevent abuse by importers,” Manaseryan concluded. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | About 173 million drams and more than 30 beneficiary funds. "The Power of One Dram" is 4 years old In June 2020, the exclusive joint corporate social responsibility initiative of Idram and IDBank "The Power of One Dram" was launched. Aliyev travels to Turkey at Erdogan's invitation On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. CSTO budget “to be adjusted due to Yerevan’s non-payment of contributions” The CSTO budget for the current year requires adjustments due to the refusal of Yerevan to pay their share of contributions. Russia sends note of protest to Armenia over envoy’s trip to Ukraine’s Bucha Russia has sent a note of protest to Armenia over the visit of Vladimir Karapetyan and Tigran Ter-Margaryan to Bucha. |