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Armenia To Double Export In 4 Years

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  • Armenia To Double Export In 4 Years

    ARMENIA TO DOUBLE EXPORT IN 4 YEARS

    Vestnik Kavkaza
    Dec 2 2011
    Russia

    Armenia plans to double export, Gagik Minasyan, chairman of the
    commission for financial-credit and budget issues of the Armenian
    Parliament, member of the Republican Party, said in Yerevan on December
    2, PanARMENIAN reports.

    Armenia exports products worth a total of $1.7 billion, the figure
    is to reach $3-3.5 billion in 2020 and $5-5.5 billion in 2020. 46%
    of exports are non-raw materials. The figure is to reach 50-55%
    by 2015 and 60-65% by 2020.

    The innovative center TUMO will host public discussions of the
    strategic policy for development of Armenian industry on December 4
    with stress laid on exports. Armenian Prime Minister Tigran Sargsyan
    will, officials from state structures, business and political
    figures will take part. The document involves 11 prospect spheres
    of Armenian economy. 3 spheres will be presented at the meeting:
    accurate tool-production, pharmaceutics and food industry.

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