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Armenia's Exports To India Amounted To 300,000 USD In 2004

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  • Armenia's Exports To India Amounted To 300,000 USD In 2004

    ARMENIA'S EXPORTS TO INDIA AMOUNTED TO 300,000 USD IN 2004

    YEREVAN, May 30. /ARKA/. In 2004, Armenia's exports to India amounted
    to 300,000 USD, Chairman of the RA Chamber of Commerce and Industry
    Martin Sargsyan told reporters. According to him, closer cooperation
    between the two countries' businessmen creates opportunities for
    increasing exports. "We hope that our businessmen will be able to
    take part in an international exhibition in India in November 2005,"
    he said.

    In his turn, Indian Ambassador to Armenia Dipak Vohra stated that
    over the past few years Armenia has started exporting not only metals,
    but also electronic equipment and technologies to India. Armenia has
    a great information technologies potential, he said. The Ambassador
    also pointed out that he see great potential in the export of Armenian
    wines and fruit, first of all apricots, to India.

    According to the RA National Statistical Service, in 2004 Armenia's
    foreign trade with India amounted to 8.674mln USD, increasing by
    44.7% as against 2003. Armenia's exports to India totaled 289,500 USD
    against 43,400 USD in 2003, and Armenia's imports from that country
    8,384.5 thousand USD against 5,951.8 thousand USD in 2003. P.T. -0--
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