A representative of the Union of Domestic Goods Manufacturers of Armenia, Vazgen Safaryan, announced that by the year 2015, Armenia plans to ship approximately 100,000 – 200,000 tones of agricultural products to Russia, adding that this year’s total volume of exports is reaching 64,000 – 65,000 tones.
To achieve this overall growth of domestic production and intensifying the country’s shipments, Armenia’s authorities intend to allocate additional investments in the greenhouse business, the creation of free economic zones in border villages, subsidize agricultural loans by the state, establish an agricultural equipment and tractor parks, and reduce the tax burden for manufacturers.
The monetary value of Armenian exports to the Russian market next year could reach $70 million – $80 million.