ARMENIAN MARKET IS INTERESTED LATVIAN ENTREPRENEURS – PRESIDENT OF LATVIA
ARKA
Dec 11, 2009
YEREVAN, December 11. /ARKA/. "Armenian market interested Latvian
entrepreneurs", said Valdis Zatlers, President of Latvia during the
opening of Armenian-Latvian business-forum.
President of Armenia also participated in the Forum. Mainly they were
interested in pharmacology, woodworking, textile and food industry.
Armenian-Latvian business-forum aims at searching new opportunities
and development of contacts between entrepreneurs of both countries
targeted at the improvement of people’s welfare. "Currently world
economy has to resist unprecedented challenges.
Only through efficient cooperation between the countries it is
possible to overcome the difficulties. Our government is aimed to
maintain stability and obtain new opportunities for the development of
business-environment", said Zatlers. Now it is necessary to re-orient
to new spheres of economy.
"Spheres which did not interest in the past, today became actual and
we should put our efforts in that spheres", he said. Turnover between
Armenia and Latvia does not correspond to the existing potential. In
2008, turnover between Armenia and Latvia was $11.3 million, from
which $1.17 million is export and $10.11 million – import.
Turnover during 2004 to 2008 was $19.43 million. Mainly alcohol drinks,
vinegar, optics, cinematography products are exported from Armenia to
Latvia and railway locomotives, meat and fish products are imported
from Latvia to Armenia.
"There are 64 joint Armenian-Latvian companies and good pre-conditions
for the increase of their number", said the President of Latvia.
Cooperation with Latvia is beneficial for Armenia from the point of
view of entering into European markets. "We are ready to share our
experience of integration into European structures with Armenia",
said Zatlers.