Belarus, Armenia to set up joint venture assembling farm machines
YEREVAN, 13 May (BelTA) – Belarus and Armenia have plans to establish a joint venture to assemble agricultural machines. The matter has been discussed at a meeting of Agriculture and Food Minister of Belarus Leonid Zayats with Minister of Agriculture of Armenia Sergo Karapetyan in Yerevan on 13 May, BelTA has learnt.
Armenia would like to cooperate in areas like seed breeding, cattle breeding, supplies of mineral fertilizers and pesticides. “We are also very interested in purchasing Belarusian farm machines. We have agreed that this year we will start setting up a joint venture to assemble agricultural machines in Armenia,” Sergo Karapetyan said.
Leonid Zayats confirmed Belarus’ readiness to expand cooperation in these areas. The parties discussed a possibility to set up joint ventures in other industries, too, including joint ventures to bottle vegetable oil and companies to process and bottle Belarusian milk in Armenia.
The parties are mutually interested in supplying Armenian canned goods and cognac to Belarus.