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Armenia Opens Door To Large Markets - Russia, East, Asia

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  • Armenia Opens Door To Large Markets - Russia, East, Asia

    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.
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