AGRICULTURE SUPPORT FUND ELECTED PRESIDENT OF BOARD OF TRUSTEES
Srbuhi Vanian

Azat Artsakh, Nagorno Karabakh Republic [NKR]
23 May 2006

Recently the NKR Fund for Rural Areas and Agriculture Support was
established. The NKR government set up this fund to enable the
involvement of research and strategic programs in agriculture. One
of the functions of the fund is to hold seminars and conferences, as
well as support poor families in rural areas. The fund is a non-profit
organization, but under its bylaws it can run business to direct the
profit to the implementation of goals, set down in the bylaws. On May
19 the first meeting of the board of trustees of the fund was held to
elect president of the board and director. The board has 11 members,
7 showed up at the meeting. The NKR minister of agriculture said
the board of trustees includes representatives of the parliament,
the government, companies, running businesses in various branches of
agriculture. The board of trustees elected Minister of Agriculture
V. Baghdassarian president of the board, T. Gabrielian was appointed
director. The president of the board of trustees proposed to include
a point in the bylaws of the fund to enable it to hold auctions. On
the request of the members of the board, the minister of agriculture
presented the programme of agricultural machinery pool implemented
in Martakert by Armenia Fund and the programmes of the Association
of Proprietors.

The minister mentioned that the programme is complicated and large
in scope, for they deal with over 6000 proprietors, each with their
interests and opinions. V. Baghdasaryan thinks it is equally important
to control the process, therefore a managing council was set up,
including 4 members from the NKR government and Armenia Fund.

From: Emil Lazarian | Ararat NewsPress