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NKR: Create Incentives for Local Production

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  • NKR: Create Incentives for Local Production

    Create Incentives for Local Production

    NKR Government Information and
    Public Relations Department

    February 11, 2011

    Press Conference of the Prime Minister


    Today the NKR Prime Minister invited a press conference devoted to the
    price rise on the consumer goods. By words of the Government head rise
    in prices of consumer goods in the world as well as in Artsakh is
    conditioned by low harvesting and raise in the standards of living.
    Prices of the imported goods are based on market relations. According
    to Ara Haroutyunyan for ensuring food safety, they ought to stimulate
    local food production,mainly agricultural products.

    Policy aimed at agriculture development is now realized in Artsakh,
    but results are not promising yet. For intensive development of the
    sphere they need large investments (circa 40-45 BN per year) but the
    state cannot afford it. Currently different programs are in process in
    the spheres of cattle breeding development, purchasing agricultural
    equipments and ensuring rich crop which may promote economic
    development. Prime Minister mentioned that in coming autumn the first
    attempts will be done for producing vegetable oil and sugar. In our
    country we have all favourable conditions for growing sunflower,
    buckwheat, maize and other plants. Ara Haroutynyan also mentioned that
    it is necessary to limit the export, regardless that Artsakh functions
    with Armenia in the same economic field. About 5000 tons wheat has
    been exported but there are still 3000 tons of reserves, which will be
    enough till the new harvest. By the Prime Minister's words about 40
    thousand hectare wheat had been sown and we have all the preconditions
    for expecting rich crop. Meanwhile wheat and flour producing
    entrepreneurs have been warned not to raise the prices. The head of
    the Government assured that rise in prices will remain till June but
    in summer slump in prices will be noticeable.

    During the meeting with journalists Prime Minister answered other
    questions as well regarding the state compulsory insurance of cars and
    launching TV channels in the republic. Answering the question of a
    journalist about establishing state storage Prime Minister mentioned
    that having a state storage is really a necessity but large
    investments are required. Some of the entrepreneurs created
    appropriate conditions which will be used by the state in case of
    need.




    From: A. Papazian
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