OFFICE OF ARMENIAN CHAMBER OF COMMERCE AND INDUSTRY OPENED IN GLENDALE

YEREVAN, December 20 (Noyan Tapan). With the aim of increasing the
sale of the Armenian commodities in the US and Canada the office of
Armenia’s Chamber of Commerce and Industry was opened on December
14 in Glendale (the US, California). According to Samvel Hovakimian,
executive director of the Chamber of Commerce and Industry, so far the
Armenian products were sold in the narrow circles of the consumers in
these countries, mostly in the Armenian community. The functioning
of the office will enable to increase the number of consumers and
the sales volumes. The office has such aims as to study the sales
markets, to support the establishment of new business links, as well
as to attract foreign investments to Armenia.

S. Hovakimian stated in order to assist the sale of the Armenian goods
in European countries a business-base was opened in the Netherlands on
the initiative of the Armenian Chamber of Commerce and Industry a few
months ago. Data on the European orders of various products, as well
as manufacturing companies data are collected here. A Trade Center
with a hotel complex will be built next to the businees-base. Four
50-room hotels will form the complex which will mainly service business
people from the CIS.