Armenia Must Activate Export To EU

ARMENIA MUST ACTIVATE EXPORT TO EU

ArmInfo
2010-02-22 09:47:00

ArmInfo. "We should make the developed markets available for the
export of Armenian goods and services, in particular, there is a great
opportunity to enter the markets of EU countries", Economy Minister
of Armenia Nerses Yeritsyan said.

The minister thinks that Armenia must unite the efforts of the state
and private sectors to activate the trade with EU. "The matter concerns
billons of dollars and service of millions of solvent consumers,
so, we have to diversify our economy, in particular, the industry",
N. Yeritsyan emphasized. He also said that activation of the export
to EU will enable Armenia to assure a modern life for its citizens.

According to the data of the National Statistical Service of Armenia,
the goods turnover with EU countries in Jan-Dec, 2009, made up $1.2
bln (30,3% of the total volume of goods turnover), having reduced by
37,3% per annum. The negative balance with EU countries reduced by 25%
per annum to $591 mln. Export to goods to EU counties in Jan-Dec 2009
made up $310.2 mln, and import – $901.1 mln.