Armenia heads to bankruptcy – grape producers sell their products at a low price

12:27 - 15.10.2020


October 15, Fineko/abc.az. The influence of the occupation policy pursued against Azerbaijan is already evident in all spheres of its economy.

ABC.AZ was informed at the Center for Analysis of Economic Reforms & Communications that the Center analyzed this with reference to the Armenian media.

It was noted that this country’s viticulture is already experiencing serious problems.

Thus, the further military mobilization in Armenia negatively affected the operation of grape processing plants in full force. As a result, grape processing companies have sharply reduced the price of grapes. Currently, processing enterprises in Armenia buy a kilogram of grapes at a price of 90 drams ($0.18) or even lower. And farmers who have no alternative sales are forced to accept the conditions of processing enterprises, and they have to sell their products below cost. As a result, grape producers will go bankrupt in Armenia.

 

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