ARMENIA OPENS DOOR TO LARGE MARKETS – RUSSIA, EAST, ASIA
PanARMENIAN.Net
24.10.2006 17:20 GMT+04:00
/PanARMENIAN.Net/ French Ambassador to Armenia is content with the
volume of French investments into the economy of Armenia and the number
of French enterprises functioning in Armenia, French Ambassador to
Armenia Henry Cuny stated in the course of a farewell news conference
owing to ending his tenure in the country. In his words, Armenia by
itself is not a large market, taking into account demographic factors
and the paying capacity of the population. However, taking into account
the geographic location of the republic, Armenia is a promising door
to large markets – Russia, East, Asia. At that the French diplomat
cited the example of Pernod Ricard company, which exports 95% of its
produce from Armenia. Of course the situation would be different, if
speaking of open borders of Armenia was possible, Henry Cuny said. At
that he noted that wide prospects for fields not demanding transport
expenses are opening in Armenia – information and high technologies.