  Tractors of American John Deere company to be used in Armenian agricultureDecember 19, 2009 - 15:06 AMT PanARMENIAN.Net - American tractors will be used in Armenian agriculture in Armenia, Gagik Sardaryan, director of Card AgroCredit UCO at the Center for Agribusiness and Rural Development told a press conference in Yerevan. According to him, to date, organization's loan portfolio exceeded AMD 900 million, and in 2010 Card AgroCredit UCO projects to increase it by 35-40 per cent. "We are working with a subsidiary of Card agricultural service, which represents the largest American company producing agricultural and forestry equipment John Deere . Negotiations are underway to import American tractors to Armenia, " Gagik Sardaryan said.   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 |  Related sections Latest news European Parliament to discuss repression in Azerbaijan  The European Parliament will discuss repression of civil society in Azerbaijan on April 24PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE.Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide.Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |
