When you think caviar, you don’t necessarily think of breakaway Nagorno Karabakh, a remote South-Caucasus region over which Azerbaijan has been warring with separatists and Armenia for years. But that is about to change. Karabakh claims it has just entered into the caviar industry and, potentially, in a big way.
The region’s de-facto prime minister, Ara Arutiunian, believes that Karabakh is destined to become a global player in the caviar industry by dint of a new fishery business in the village of Magatis set up in part by Armenian Diaspora investments, Armenian and Russian news sites reported, citing a Karabakhi media outlet. The first batch of black caviar is expected to be produced as early as this December.
Aqua-farming may seem a peculiar economic-development choice for the landlocked region, but Arutiunian insists production levels will hit 30 tons annually in seven years — a level that appears to be a drop in the bucket compared with Azerbaijan or Russia, both caviar-majors.
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