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What Affects Import?

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  • What Affects Import?

    WHAT AFFECTS IMPORT?
    By Ara Martirosian

    AZG Armenian Daily
    12/09/2006

    Karen Tchshmaritian Indicate Several factors

    Touching upon problems connected with export, Karen Tchshmaritian,
    minister of trade and economic development, said on Friday that there
    is no decline of export volumes in Armenia. But there is drop of pace
    of growing export. It's impossible to have 25 percent growth each
    year; and the decline is connected with conquering new markets. In
    minister's words, in conditions of reviving economy conquering of
    new markets is carried out more swiftly but a phase comes when
    it slows down. Then we face a need of investing more resources,
    marketing capacities and financial means in order to keep the pace
    of growth. The market of Diamond also has an impact on the drop of
    growth pace. "The more we integrate into the international market,
    the more we feel the influence of these impacts. But what rejoices us
    is that if we had such a decline in the diamond sphere 4-5 years ago,
    Armenian export would have serious drop. Now there is no such drop
    as due to diversification of economy new branches of export have
    emerged," Karen Tchshmaritian said. He added the closed border pass
    of Upper Lars has also affected the export.
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