ARMENIAN FARMERS LEASE CHINESE MADE TRACTORS
PanARMENIAN.Net –
April 26, 2010 – 12:39 AMT 07:39 GMT
A group of farmers took possession of 7 Chinese made tractors during
an event that was held in Dimitrov community of Ararat marz, Armenia.
This was made possible by Farm Credit Armenia (FCA), one of the ten
credit providers involved in Millennium Challenge Account – Armenia’s
(MCA-Armenia) farm credit program and the initiator of the leasing
facility under the MCA-Armenia Credit Component.
The farmers and the representatives of the producer, YTO International,
stressed the advantages of new tractors – their cost is much cheaper,
they are small and easy to drive, and consume little fuel.
The event was kicked off by U.S. Ambassador Marie L. Yovanovitch who
described U.S. assistance to Armenia’s agricultural sector through
the United States Department of Agriculture (USDA) and the Millennium
Challenge Corporation, MCA Armenia said in a press release.