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Armenia's Government Considers Possible Aid To Crisis-Bitten Chemicl

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  • Armenia's Government Considers Possible Aid To Crisis-Bitten Chemicl

    ARMENIA'S GOVERNMENT CONSIDERS POSSIBLE AID TO CRISIS-BITTEN CHEMICAL INDUSTRY

    ARKA
    Jan 21, 2009

    YEREVAN, January 21. /ARKA/. Armenia's Prime Minister Tigran Sargsyan
    met Wednesday with representatives of local chemical enterprises to
    discuss possible government assistance to the sector amid the global
    financial and economic crisis. The private sector is likely to help
    the government take a swift action to deal with the effects of the
    economic crisis, the RA Government's press service reports.

    During the Monday meeting with the RA Minister of Energy and local
    businessmen, the premier suggested setting up a task group to discuss
    and solve the current problems in chemical industry. The group is to
    specify what concrete steps the government is to undertake to help
    the sector grapple with economic challenges.

    Sargsyan said the government stands ready to support local exporters
    by marketing their products.

    The premier also charged the RA Minister of Economy to work out
    concepts for each industrial sector.
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