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Opinion: Lack Of Purchase Mechanisms In Armenia Driving Prices For A

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  • Opinion: Lack Of Purchase Mechanisms In Armenia Driving Prices For A

    OPINION: LACK OF PURCHASE MECHANISMS IN ARMENIA DRIVING PRICES FOR AGRICULTURAL PRODUCTS UP

    /ARKA/
    July 7, 2010
    YEREVAN

    YEREVAN, July 7. /ARKA/. Armen Poghosyan, chairman of the Association
    of Armenian Consumers, thinks that the recent surge in prices for
    agricultural products was triggered by the lack of purchase mechanisms.

    On Wednesday, speaking at a news conference, he said that farmers
    themselves have to take care of transportation and sales.

    "Special agencies are needed for transporting and selling agricultural
    products," Poghosyan said. He thinks that farmers burdened with
    transportation expenses have to raise prices.

    He finds it wrong to connect this price rise with bad weather.

    Poghosyan also voiced concern over street trading in Yerevan.

    "This phenomenon should be rooted out. The results of crackdown on
    trading in Garegin Nzhde Square shows street trading can be prevented."

    Prices for foods, spirits and cigarettes went 1.2% down and those
    for nonfoods slipped 0.9% in June, compared with May.

    Index of consumer prices for foods was 129.6% and nonfoods 124.2%.




    From: A. Papazian
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