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Acba bank and NABU succeed in developing organic agriculture in Armenia

YEREVAN, October 20, /ARKA/. The participants of the three-day international conference on organic agriculture, nature protection and poverty reduction, initiated by the Germany’s Nature and Biodiversity Conservation Union (NABU), have revealed Armenia’s eco-potential.

The conference’s focus was on such issues as conservation of Armenia’s biodiversity, sectoral issues of international significance, the role of agricultural cooperatives, as well as the importance of the development of organic agriculture and its prospects in Armenia.  In this context, the Germany’s Nature and Biodiversity Conservation Union and Acba bank have been taking joint steps for 6 years already to solve these problems and develop the sector.

“It is important for NABU to have strong partners. Acba bank is one of them. Experience shows that the program we are implementing together has been a great success, as the number of organic certification in Armenia has increased by about 50% since the launch of our program,” said Narek Grigoryan, NABU Director in Armenia.

“Cooperation with Acba bank is very important. Together we can show farmers the strengths of organic farming, make it visible that sustainable business can be done in this area,” said Leif Miller, NABU Executive Director.

“Organic agriculture is a narrow segment, but it is a very important direction. We see the development potential of the sector.  Over the past 6 years we have been able to register tangible results. If we summarize what we have achieved in 6 years, I will say the results are satisfactory. We know that we can all succeed in this field together. We will not stop and we are ready to go on with you,” said Narek Asatryan, Head of ACBA Bank’s Public Relations Team.

Details in the video.

The bank is controlled by the Central Bank of Armenia. -0-

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