Armenian Manufacturers And Businessmen Union, ADA And Association Of

ARMENIAN MANUFACTURERS AND BUSINESSMEN UNION, ADA AND ASSOCIATION OF GREEK EXPORTERS AND IMPORTERS SIGN COOPERATION AGREEMENT

ARMENPRESS

Jun 27 2007

YEREVAN, JUNE 27, ARMENPRESS: Armenian Manufacturers and Businessmen
Union, Armenian Development Agency (ADA) and Association of
Greek Exporters and Importers signed today business cooperation
agreements. The documents were signed by the director of Armenian
Manufacturers and Businessmen Union Arsen Ghazarian, head of ADA
Vahagn Movsisian and head of the Association of Greek Exporters and
Importers Tomas Vassaras.

A. Ghazarian said that in comparison with Armenian-Greek inter-state
relations the business ties between the two countries are quite
weak which may be explained with two-sided passivity of studying and
assessing each other’s markets and risks.

"Armenia’s annual trade turnover with Greece amounts to 10 million
USD," Arsen Ghazarian said, adding that Greece may successfully add
the volume of the products which Armenia is importing from Turkey.

Ghazarian said that the aim of the signing of the agreement is to make
the markets closer by conduction of business forums and exhibitions,
and increase the trade turnover.