BRITISH GOODS EXHIBITION OPENS IN YEREVAN
YEREVAN, December 7 (Noyan Tapan). Until now Great Britain has made
investments of 50 million dollars in Armenia, and the trade circulation
between the two countries makes 100 million dollars a year. Great
Britain’s Deputy Ambassador to Armenia Richard Hyde stated this at the
British goods exhibition organized at the Congress Hotel on December
7. In the opinion of Deputy Ambassador, the trade circulation between
the two countries is developing, and the emergence of various Armenian
goods in Europe and vice versa is proof of this. Foodstuffs and raw
materials are mainly exported from Armenia. “There is one thing I’d
like to see on the British markets – the Armenian brandy,” Richard
Hyde pointed out. R. Hyde announced there are 21 Armenian-British
joint ventures in Armenia, and further active cooperation is expected,
especially in the sphere of information technologies. In his view,
Great Britain has a lot to do in Armenia, particularly in terms
of exporting modern British technologies to Armenia. According to
Deputy Ambassador, by deciding to open officially the exhibition on
the anniversary of the Spitak earthquake the British side wanted to
show that Armenia does exist and develop. 13 companies participate
in the exhibition.