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Armenian-Chinese Trade-Economic Relations Involve New Spheres

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  • Armenian-Chinese Trade-Economic Relations Involve New Spheres

    ARMENIAN-CHINESE TRADE-ECONOMIC RELATIONS INVOLVE NEW SPHERES
    By Askanaz Abrahamian

    AZG Armenian Daily
    17/06/2008

    Armenia-China

    Armenian-Chinese trade-economic relations have a history of
    centuries. According to some records, in the 2nd century Armenian
    merchants exported silk and sold it not only in Armenia but also in
    the region.

    Later on, during Mongol invasion thousands of Armenians were taken
    prisoners. They were taken to China where natives highly qualifying
    the Armenian's diligence and application to work provided them with
    good living and working conditions. In the 14th century an Armenian
    church was built in Canton gathering around all the Armenians living
    thereabout.

    The Armenian teacher of the Chinese language Hovhannes Ghazarian
    that is well-known in the world sinology as John Lazarus is the first
    one that translated the Bible and many classics of world literature
    into Chinese.

    Even today Armenians that live in this wonderful country are doctors,
    handicraftsmen, merchants and state employees in great demand.

    Today China is one of the most powerful countries of the world
    and is the first one with its growth indexes. The GDP of China was
    10,21 trillion US dollars in 2007. The successes were achieved when
    the president of the country Den Syaopin in the 70s of last century
    declared of reforming the country's economy into market course and
    took a course of overcoming poverty under a slogan "Poverty is not
    socialism".

    From1979 to 1997 the GDP of the country rose by 9,8 percent on
    average. And already in 1997 China was the 7th in the world with its
    potential, and the first with its production of bread, cotton, meat,
    coal, computer and programming techniques and TV sets.

    A little after proclamation of the third Republic of Armenia
    diplomatic relations were established between Armenia and China,
    and the trade-economic relations run up that became deeper day by
    day involving new spheres.

    It's a pity that the volume and assortment of the goods exported
    from Armenia is very little. For example, if in 2006, about 112 mln
    US dollars and in 2007, 197 mln US dollars of goods were exported
    from China to Armenia, then in the same years Armenia exported
    correspondingly 463 thousand and 7,1 mln US dollars of goods.

    The Chamber of Commerce and Industry of the Republic of Armenia does
    everything to export to China as many and various goods as possible
    and to multiply the Chinese investments in the Armenian economy.

    The delegation of Armenian businessmen led by the Chairman of RA
    Chamber of Commerce and Industry, MP Martin Sargsian left for China
    recently to deepen Armenian-Chinese trade-economic relations and to
    find new economic partners. The same days, businessmen of Chinese
    biggest state led by executives of the state's trade circulation
    visited Armenia.

    During their meeting in RA Chamber of Commerce and Industry Executive
    Director of the Chamber Araik Vardanian first presented his condolences
    to the Chinese friends connected with the devastating earthquake
    in Sichuan state. He expressed hope that Armenian-Chinese friendly
    and business relations would improve involving more investors and
    businessmen.

    The Executive Director of RA Chamber of Commerce and Industry mentioned
    that today Armenia offers exclusive conditions and the authorities
    of the country do everything to spur foreign investments in Armenia
    and to involve more investors.
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