POLISH AMBASSADOR COMMENTS ON ARMENIAN-POLISH ECONOMIC RELATIONS

ARKA News Agency
Feb 4 2008
Armenia

YEREVAN, February 4. /ARKA/. More dynamic development of
Armenian-Polish economic relations has been recorded over the last
two or three years, Polish Ambassador to Armenia Tomas Knote told ARKA.

Armenia’s exports to Poland have steadily been increasing recently,
whereas the imports from Poland remain rather small, he said.

Ambassador Knote reported that the sides are considering the
possibility of establishing colder business contacts between Armenian
and Polish enterprises.

An in-depth study of Armenia’s market is under way, he said. "I think
that both Governments will contribute to the development of closer
economic relations, all the more so that some polish products have
won a foothold in Armenia’s market. Of course, we must aim at further
development," Knote said.

He also said that the Central Bank of Armenia (CBA) has been
successfully cooperating with the Mint of Poland over many years.

"This is solid and long-lasting cooperation," the diplomat said.

The RA Statistical Service reports that Armenian-Polish trade turnover
reached $24.7mln in 2007 – a 38.9% increase. Armenia’s exports to
Poland reached $7.1mln, and imports from that country $17.7mln –
a 77.7%.