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OPINION: ARMENIA NEEDS A STRATEGY OF INDUSTRY REHABILITATION AND DEVELOPMENT
/ARKA/
DECEMBER 19, 2011
YEREVAN
YEREVAN, December 19. /ARKA/. Union of Domestic Manufacturers of
Armenia plans to propose the government to develop a strategy of
rehabilitation and development of industry, said Chairman of the
Union Vazgen Safaryan.
"Domestic manufacturers would like that the certain steps in the
frames of the strategy of export-oriented industrial policy cover
not only three spheres but several other spheres", he said to the
journalists on Monday.
Government of Armenia on December 15 approved the strategy of
export-oriented industrial policy. The document developed by the
group of exports and by the order of the World Bank with the support
of the Armenian Economy Ministry is targeted at the formation of
developed industrial system, export, which in its turn, will become
an incentive for the production of relevant international standards
of goods, expansion of foreign markets and creation of new job places.
The strategy identifies three conventional horizontals or phases
which will provide development of 11 branch directions. For all
the directions included in the document separate concepts will
be developed. For the first three directions - brandy production,
pharmaceutics and precise engineering, concepts have been developed.
Safaryan said that the new extended strategy should be different
from vary from the approved strategy in that, that its framework
should develop programs not only in export-oriented sectors, but
also in machinery, machine tools, mining industry and production of
ready products.
"Thus, Armenian economy will have not only raw material, but become
a country producing and exporting ready products", he said.
According to official statistical data, volume of foreign trade
turnover of Armenia in January-October 2011 compared to the same
period of 2010 increased by 17.1% making about 1650.9 billion drams
in current prices or about $4.5 billion. Volume of export was $1082.6
million increased by 32.1% and import - $3370.7 million recording
growth by 13%. ($1- 381.95 drams).
From: Baghdasarian
/ARKA/
DECEMBER 19, 2011
YEREVAN
YEREVAN, December 19. /ARKA/. Union of Domestic Manufacturers of
Armenia plans to propose the government to develop a strategy of
rehabilitation and development of industry, said Chairman of the
Union Vazgen Safaryan.
"Domestic manufacturers would like that the certain steps in the
frames of the strategy of export-oriented industrial policy cover
not only three spheres but several other spheres", he said to the
journalists on Monday.
Government of Armenia on December 15 approved the strategy of
export-oriented industrial policy. The document developed by the
group of exports and by the order of the World Bank with the support
of the Armenian Economy Ministry is targeted at the formation of
developed industrial system, export, which in its turn, will become
an incentive for the production of relevant international standards
of goods, expansion of foreign markets and creation of new job places.
The strategy identifies three conventional horizontals or phases
which will provide development of 11 branch directions. For all
the directions included in the document separate concepts will
be developed. For the first three directions - brandy production,
pharmaceutics and precise engineering, concepts have been developed.
Safaryan said that the new extended strategy should be different
from vary from the approved strategy in that, that its framework
should develop programs not only in export-oriented sectors, but
also in machinery, machine tools, mining industry and production of
ready products.
"Thus, Armenian economy will have not only raw material, but become
a country producing and exporting ready products", he said.
According to official statistical data, volume of foreign trade
turnover of Armenia in January-October 2011 compared to the same
period of 2010 increased by 17.1% making about 1650.9 billion drams
in current prices or about $4.5 billion. Volume of export was $1082.6
million increased by 32.1% and import - $3370.7 million recording
growth by 13%. ($1- 381.95 drams).
From: Baghdasarian