WORKS CARRIED OUT TOWATDS EXPANSION OF ARMENIAN-SYRIAN TRADE AND BUSINESS TIES

ARMENPRESS
Dec 12, 2008

YEREVAN, DECEMBER 12, ARMENPRESS: Armenian Commerce and Industry
Chamber is carrying out events for the expansion and consolidation
of trade and business ties with Syria.

The chairman of the Armenian Commerce and Industry Chamber Martin
Sargsyan said today at a press conference presenting the results of
December 2-9 Armenian-Syrian business exhibition and business forum
that currently the annual trade turnover between the two countries
is around 3 million USD of which 2 million 250,000 is import.

He assessed the volume of export as unsatisfactory, noting that it
is necessary to activate the representation of Armenian products in
Syrian market which is quite important for Armenia.

He said it suggests quite favorable conditions for Armenian businessmen
and the Armenian product is well accepted there.

The products of 35 Armenian companies presented at the exhibition
were almost immediately bought, a number of arrangements have been
reached and business ties have been established.

M. Sargsyan said that an agreement has been reached with Aleppo
Commerce and Industry Chamber to organize exhibition of Syrian
products in Armenia in June 2009. It is also expected to open a hall
of exhibition-sale of Armenian-Syrian products.

On March 8 of the coming year meetings of the business women of the
two countries is expected to take place