CHINA TO IMPORT ARMENIAN BRANDY

arminfo
2007-07-13 01:12:00

Development of relations with China is one of the priorities of the
Armenian foreign policy, Armenian Prime Minister Serzh Sarkisyan
said today when receiving the newly appointed Extraordinary and
Plenipotentiary Ambassador of China to Armenia Hong Jiuyin.

As press-release of the government says, the Prime Minister said that
the Armenian government is ready to support the bilateral relations
development.

For his part, the Ambassador said about a number of prospective
and mutually beneficial programmes , in particular in the sphere of
agriculture, importing of the Armenian brandy to China and in the
sphere of education.

He also added that at the end of 2007 or at the beginning of 2008
the Armenian-Chinese company "Shanci-Nairit", founded in China, will
start rubber production. This is the biggest joint project between
Armenia and China. It is planned that in 2009 the company will start
producing 30.000 tons of rubber annually. 60% shares of the company
belong to the Chinese party and 40% to the Armenian one.