Armenia has the opportunity to become a major supplier of alliance seeds

According to the report of Armenian satellite network on September 8, kamalian, member (ministerial) of the industrial and Agro industrial complex of the Executive Committee of the Eurasian Economic Commission, said that there is a large gap in grains, vegetables and some other crop seeds of the Eurasian Economic Union. The union needs to import about us $1 billion of seeds from third countries every year, including about US $120-130 million of vegetable seeds. Because seed breeding does not require a large area of land and the transportation cost is controllable, Armenia has the opportunity to become the main seed supplier of the alliance. Kamalian pointed out that taking vegetable seeds as an example, the current production capacity of Asia is limited. Even if it meets 20% – 30% of the seed demand of the alliance, it also needs to cooperate with large seed producers around the world.

At present, Armenia exports fresh fruits and vegetables about 500-600 million US dollars every year, and Russia is its main consumer market.

Source: Economic and Commercial Department of the Embassy in the Republic of Armenia