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Trade Between Armenia And Belarus Shows Growth Tendency

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  • Trade Between Armenia And Belarus Shows Growth Tendency

    TRADE BETWEEN ARMENIA AND BELARUS SHOWS GROWTH TENDENCY

    Noyan Tapan
    Oct 24 2006

    YEREVAN, OCTOBER 24, NOYAN TAPAN. A considerable growth has been
    registered in trade between Armenia and Belarus. Vahagn Movsisian,
    Director General of the Armenian Development Agency (ADA), stated this
    at an Armenian-Belarusian business meeting on October 24. According
    to him, in 2005, exports from Armenia to Belarus made 2.5 mln USD,
    while in January-August of this year - 2 mln USD. Imports from
    Belarus into Armenia made 11.3 mln USD in January-August of 2006
    against 12.8 mln USD in 2005. V. Movsisian said that Belarusian
    businessmen consider such sectors as electronics, information and
    communication technologies, and production of drinks as promising in
    terms of cooperation.

    "Armenia has much potential for chip production, design,
    outsourcing. We'll try to find some common edges for cooperation by
    combining the existing potential," V. Movsisian noted. The meeting
    was held within the framework of the official visit of the delegation
    headed by the Belarusian Prime Minister Sergei Sidorski to Armenia.
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