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The fund is to fulfill the following statutory goals: |
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The implementation of the above mentioned goals will give the following environmental, social and economic benefits:
. Improve the ecological condition of Lake Sevan
. Provide the reproduction of endemic fish species Gegharkuni and Summer trout
. Create thousands of workplaces in the farms founded by the Fund as well as in the overall value chain of the aquaculture industry
. Increase the demand for specialists in the aquaculture sector and the development of related institutions
. Create an extensive knowledge and physical base for the implementation of scientific researches
. Stimulate the production, processing and export of Sevan trout
. Stimulate the production of high-quality fish feed in Armenia
. Create fish farms using new technologies and scientific researches
. Localization of international experience in sustainable and organic fish farming
. Localization of international experience in fish product certification
. Stimulate the development of innovative technologies
. Help the development and breeding of aquatic flora and fauna in Armenia
. Stimulate the formation and development of Sevan trout production and contribute towards the sales value chain and relevant branches supporting them
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Since the beginning of the 1930s human impact on the ecosystem of Lake Sevan has been significant, particularly in its impact on water levels and the unsustainable use of fish stocks and lake resources. The water level recession caused the diminishing of natural spawn places of Winter trout and Bojak. |
These endemic fish species are extinct, while Gegharkuni and Summer trout have survived in very small quantities. In recent years complex measures have been taken by the government to increase water level and restore fish stocks, which are very important for the restoration of Sevan’s ecosystem. It’s not a secret that since the beginning of the 1940s, the quantity of Sevan trout has been decreasing; and in 1978 it was listed in the Red Book of the USSR as an endangered species. Nowadays, despite the fishing ban, the trout is deprived of its natural self-reproduction opportunity.
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The Supreme and Supervisory body of the Fund is the Board of Trustees of the Fund (hereinafter referred to as Board). The Board undertakes its activities through sessions.
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The management of the current activities of the fund is implementing the executive director. The executive director of the fund is T. Gevorgyan.
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Below are represented the basic laws, decrees of Government of RA etc., which are the bases for the Fund of “Restoration of trout stocks and development of aquaculture in Lake Sevan” to implement the complex project of “Recovery of trout stocks and fish breeding in Lake Sevan”.
Law about Lake Sevan
Water code
Law about approval of annual and complex measures on conservation, restoration, reproduction, and use of the ecosystem of the lake
The law on especially protected natural areas
