CUSTOMS HEAD SAYS DEVALUATION OF DOLLAR AFFECTS NEGATIVELY ON EXPORT
Panorama.am
18:06 16/10/06
The chairman of customs service, Armen Avetisyan, said as a citizen he
is happy that dram is strengthened against dollar but as an official
he is not. He said customs revenues partly decrease due to devaluation
of dollar.
He also said export has gone down making up 296 bln drams against 320
bln last year. He said for example the volume of molybdenum export
has increased but the prices of international exchange have gone down.
Export of diamond, cognac, vodka, processed and semi-processed gold
have gone down too. He said, on the other hand, import has increased
making up 573 bln drams against 485 bln January-September, last
year.