Agriculture cooperatives development prospects and their impact on agriculture sector financing in the republic of armenia

Issue № 7, 2020, article № 10, pages 94-101

Section: ABROAD

Language: Russian

Original language title: ПЕРСПЕКТИВЫ РАЗВИТИЯ СЕЛЬСКОХОЗЯЙСТВЕННЫХ КООПЕРАТИВОВ И ИХ ВЛИЯНИЕ НА ФИНАНСИРОВАНИЕ АГРАРНОГО СЕКТОРА В РЕСПУБЛИКЕ АРМЕНИЯ

Keywords: AGRICULTURE, COOPERATIVES, STATE SUPPORT, FINANCING, SUBSIDY, COMPETITION, PROFIT, INVESTMENT, PLEDGE

Abstract: The purpose of the article is to present the current situation of agricultural cooperatives, their impact on the development of the agricultural sector, and to identify problems and priorities in financing the agricultural sector through agricultural cooperatives. The developed proposals are aimed at developing the activities of agricultural cooperatives, contributing to the development of peasant farms and improving the social and economic condition of communities, which will allow the production of agricultural products, their competitiveness and accessibility, which will increase the level of food security of the country. Granting benefits to agricultural cooperatives in terms of co-financing by the state in the amount of 20‰ instead of 10‰, amending the laws on agricultural cooperation will increase their profitability and attractiveness for new members and investors.

Authors: KHachatrian Levon Rubenovich