Sun, 22 February
13.1 C
Yerevan
USD: 376.82 RUB: 4.90 EUR: 443.25 GEL: 140.90 GBP: 507.65

European Union experts to advise on introduction of insurance in Armenian agriculture: Minister

YEREVAN, August 24. /ARKA/. European Union experts will arrive in Armenia in October to advise on introduction of insurance in agriculture, agriculture minister Sergo Karapetian told a news conference today.

“I do not think that insurance in agriculture will be introduced in Armenia any time soon, but this does not mean we are not working in this direction,” he said.

According to him, five-day consultations will involve regional authorities, MPs and experts.

“The EU experts will provide complete information about introduction of insurance, formation of co-operatives, irrigation system, rational use of land and so on,” said Karapetian.

“This is a serious issue because the insurance system in agriculture has its own features and complexity, and even some developed countries have not introduced it,” he said. -0-

spot_img

POPULAR

Byblos Bank Armenia online loan via mobile: Up to AMD 10 mln in just minutes

Byblos Bank Armenia has launched an online lending product, enabling customers to apply for and receive financing within minutes.

Union of Banks of Armenia: cryptocurrency market is gaining momentum with 2-3 banks planning to obtain licenses

The Armenian cryptocurrency market is gaining momentum: 2-3 banks plan to obtain separate licenses to handle these operations, Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated in response to a question from ARKA news agency.

Non-commercial money transfers to Armenia increased by 14.2% in December – WB

YEREVAN, February 17. /ARKA/. Net non-commercial money transfers...

“Team Holding” CJSC’s bonds listed on Armenia Stock Exchange

One of Armenia’s diversified companies, “Team Holding” CJSC, is officially entering the capital market today by listing bonds on the Armenia Stock Exchange (AMX).

Head of the Union of Banks of Armenia named the riskiest lending sectors

Daniel Azatyan, the head of the Union of Banks of Armenia, identified mortgage and consumer lending as areas that require attention in the context of the risk of credit market overheating.

LATEST NEWS

spot_imgspot_imgspot_img