Yerevan, Armenia, July 4, 2014—IFC,
a member of the World Bank Group, and the State Service for Food Safety
of Armenia today hosted a conference to highlight how improved food safety
practices can help food producers increase sales and enter new markets.
The conference, which brought together government officials and a variety
of food producers, aimed to help local agri-processing companies meet export
market requirements and boost competitiveness. Regional experts shared
experiences from other countries, detailing how modern food safety management
helps minimize risk, build consumer trust, and attract investors.
The State Service for Food Safety presented guidelines for seven food industry
sectors based on Hazard Analysis and Critical Control Points (HACCP), the
leading international food safety standards.
“Our purpose is to provide food producers with clear guidelines which
will help them comply with globally recognized standards,” said Abram
Bakhchagulyan, Head of the State Service. “These guidelines will help
Armenian producers improve self-inspection tools, boosting their reputation
and increasing sales locally as well in other markets.”
Maia, Tevzadze, IFC Armenia Food Safety Improvement Project Manager, said:
“Helping food business operators reach their potential is one of our key
priorities in Armenia. Our joint efforts with the government aim to help
agri-processing companies improve food safety, leading to increased sales
The conference was organized by the IFC Armenia Food Safety Improvement
Project and the State Service for Food Safety of Armenia, with support
from World Bank’s Second Community Agricultural Resource Management and
Competitiveness Project for Armenia and the Armenia Investment Climate
Reform Project implemented by IFC. IFC’s donor partners in this project
are the Federal Ministry of Finance of Austria and the Ministry of Foreign
Affairs of the Netherlands.
Armenia became an IFC member and shareholder in 1995. Since then, IFC has
invested $287 million in 48 projects across a range of sectors, including
financial markets, manufacturing, and mining. IFC advisory services provide
advice on the financial sector, sustainable energy, business regulations,
and food safety.
IFC, a member of the World Bank Group, is the largest global development
institution focused exclusively on the private sector. Working with private
enterprises in more than 100 countries, we use our capital, expertise,
and influence to help eliminate extreme poverty and promote shared prosperity.
In FY13, our investments climbed to an all-time high of nearly $25 billion,
leveraging the power of the private sector to create jobs and tackle the
world’s most pressing development challenges. For more information, visit
For more information about the donor partners, please visit:
The Federal Ministry of Finance, Austria: http://english.bmf.gv.at.
The Ministry of Finance of the Netherlands: www.minbuza.nl/en/home.