Trade4go Summary
Secretary of the RA Security Council in Armenia, Armen Grigoryan, has proposed replacing wheat with rice as a strategic commodity for the country. This move is aimed at making the economy more adaptable and less reliant on external sources, as Russia is the primary supplier of wheat to Armenia. Grigoryan emphasized the importance of considering both defense and people's needs for the country's security.
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Original content
Rice can become a strategic commodity instead of wheat in Armenia, Secretary of the RA Security Council Armen Grigoryan said at the conference “Crossroads of the World: Uniting Security and Democracy” in Yerevan. According to him, thinking about the country’s security, one should take into account not only the defense aspect, but also goods of strategic importance. “An assessment should be made in terms of people’s needs. Thus, strategic goods can be replaced, which will allow the economy to become more flexible and prevent others from targeting our strategic goods. For example, we can switch from wheat to rice as a strategic commodity and change our adaptability,” Grigoryan said. Russia is the main supplier of wheat to Armenia. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the ...