ARMENIAN GOVERNMENT PAY LITTLE ATTENTION TO PRODUCTION OF DOMESTIC GOODS

/PanARMENIAN.Net/
22.09.2009 15:26 GMT+04:00

/PanARMENIAN.Net/ The Armenia’s government has paid little attention to
promoting local production over the last 7-8 years, Vazgen Safaryan ,
chairman of the Union of domestic producers said.

"A lot of time was missed to raise local production to a proper level,"
he said. Over the past 7 years, according to Vazgen Safaryan, the
Armenia’s population has invested about 30 billion dollars in local
production, AMD 15 billion products were sold in the local market. If
the government pursued a policy of local production development,
Armenia would have a well developed industry producing a large variety
of goods instead of imports.

"The Armenian-Turkish border would change government’s economic policy
towards promoting local production," Mr. Safaryan said.