Yerevan/Mediamax/. “Farm Credit Armenia” UCO concluded leasing agreements with 7 farmers from various regions of Armenia on leasing tractors of Chinese “YTO International” Company.

Mediamax was informed in Marketing Department of “Farm Credit Armenia”, which is one of the creditor organizations of the Millennium Challenge Fund Account-Armenia that leasing agreements were signed during the exhibition of Chinese tractors in Dimitrov village of Ararat region, organized with “Farm Credit Armenia”.

U.S. Ambassador Marie Yovanovitch, who attended the agreement signing ceremony, highlighted importance of the role of “Farm Credit Armenia” as the credit participant of Millennium Challenge Account-Armenia on financing agriculture both at the expense of its own means and the means of the Fund.

“Farm Credit Armenia” UCO and “YTO International” Company signed agreements on deepening bilateral cooperation. General Director of “YTO International” Haihao Song assured that in the nearest future the farmers will be provided also with spares. Besides, the issue of the tractors’ technical service will also be solved.