One Village One Product Japanese development program was discussed at Jermuk-hosted forum of Armenia’s rural communities, according to the president of the Union of Manufacturers and Businessmen of Armenia (UMBA).

As Arsen Ghazaryan explained at news conference, “in program framework, one village produces one competitive product as a business to gain sales revenue to improve the standard of living for the residents of that village, which could be interesting to Armenia as well.”

During the forum, the importance of the activities of Small and Medium Entrepreneurship Development National Center of Armenia (SMEDNC) was stressed in increasing the availability of credit resources.

In conclusion, Ghazaryan noted processing industry and animal farming among prospective fields in agriculture.