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Armenian Investments In Syria Might Prove Effective

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  • Armenian Investments In Syria Might Prove Effective

    ARMENIAN INVESTMENTS IN SYRIA MIGHT PROVE EFFECTIVE

    PanARMENIAN.Net
    07.09.2009 12:11 GMT+04:00

    /PanARMENIAN.Net/ Armenian investments in Syria might prove effective,
    as Syria can provide duty free export, Syrian Chamber of Commerce
    Board Member, Armenian-Syrian intergovernmental committee Chairman
    Leon Zaki Etalian believes.

    According to Etalian, Syria-manufactured products are mainly for
    export, so production volume is meant for 322 million consumers. "
    When asked about Syria's population size, I reply 322 million people
    reside in Syria, when in reality it's 22 million," Etalian said. In
    this context, he noted that Armenian investments in Syrian economy
    might prove very effective as the committee is working towards
    introducing changes in Syrian legislation, aiming to minimize or even
    cancel import duty.

    Etalian added that Armenian -Syrian intergovernmental committee is
    closely collaborating in economy sphere. He noted that recently Armenia
    participated in business forum and exhibition in Syria. Return visit
    of Syrian party is expected soon.
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