Armenian PM: Economy Needs Diversification

ARMENIAN PM: ECONOMY NEEDS DIVERSIFICATION

CNN Business 360
June 15 2011

CNN business anchor, John Defterios

Armenian export was worth 20% of GDP in 2000 but it is only 12%
of GDP today; the trade balance is still negative.

Armenian Prime Minister Tigran Sargsyan says the Armenian economy
is not sufficiently diversified and he wants to boost the country’s
industrial base.

He says promoting export is still a primary concern and he also
discusses the country’s complex relationship with neighbor Turkey.

watch video at

http://business.blogs.cnn.com/2011/06/15/armenian-pm-economy-needs-diversification/