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Armenia Bets on Intensive Agriculture: Interim Results of the 2020–2030 Strategy Implementation

Agriculture
Arshaluis Mgdesyan
14.01.25 19:45
46

On January 14, Armenian Prime Minister Nikol Pashinyan held a meeting to review the progress of the 2020–2030 Agricultural Development Strategy. According to the report presented, Armenia’s gross agricultural output reached $2.5 billion in 2023, while the January–September 2024 figure stood at $1.6 billion.

The Armenian government’s press service highlighted significant achievements in several key areas during the reporting period. While the annual plan aimed to establish 1,000 hectares of intensive orchards, 7,169 hectares were approved, with 3,260 hectares already planted. In terms of agricultural machinery modernization, the annual goal of acquiring 500 units was surpassed, with 2,685 units purchased. The active leasing portfolio for this purpose amounted to approximately $45.5 million.

The livestock sector also saw notable progress. Eleven investment contracts were signed during the period, totaling approximately $208 million. One project has already received $5.8 million in compensation for actual investments of $31.3 million. Ten additional projects, with a total investment volume of around $177 million, are currently underway.

The wine industry achieved remarkable results as well. Between 2021 and 2024, wine production increased by 15%, the number of active wineries grew 1.5 times to 170, and exports rose by 35%. The export market expanded to include Brazil, Australia, and South Korea. Additionally, a logistics hub for Armenian wines was opened in Berlin, accompanied by the launch of the online trading platform www.winesofarmenia.store.

Summing up the meeting, Prime Minister Pashinyan emphasized that intensive agriculture should drive the sector’s development. “Intensive agriculture means efficient irrigation, land consolidation, increased labor productivity, and, overall, the elimination of market access issues,” he stated, adding that traditional farming methods no longer have a future.

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