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ARMENIAN-POLISH TRADE STANDS AT $30 MILLION EUROS: AMBASSADOR
YEREVAN, November 21. / ARKA /. Armenia's trade with Poland is about
30 million euros a year, Poland's ambassador to Armenia, Zdzislaw
Raczynski, told a news conference today.
"Unfortunately, the trade amount does not show signs of growth, but
this figure does not reflect the real volume, because many Polish
goods arrive in Armenia through third countries, like Russia, Ukraine
and Turkeys," the ambassador said.
Raczynski said to date only one major Polish company is present at
the Armenian market - it is a company specializing in the production
of equipment for printing of biometric passports and ID cards.
Raczynski said this company is taking a risk by investing a lot of
money in its Armenian business. He declined to specify the amount of
its investment, saying the Armenian side is reluctant to unveil it.
"If this contract is properly implemented, it will open up new
opportunities for other Polish companies to enter Armenia", he said.
The ambassador said Polish companies that could invest in Armenia
realize that the Armenian market is faraway, and that it is blockaded
by some of its neighbors, but added that a good investor looks at
the future and understands that this situation will not last forever.
The diplomat said that Polish companies have an interest in Armenia's
processing industry, the agricultural sector (dairy products, fruits),
as well as the mining sector.
According to the Armenian Development Agency, the trade turnover
between Armenia and Poland in 2011 amounted to $20.5 million, of
which Armenian exports stood at $926,000 and imports at $19.5 million
Armenia sells to Poland beverages, salt, cement, stone, asbestos
and imports paper, sugar, pharmaceutical products. Armenia has 12
companies with Polish capital. -0-
YEREVAN, November 21. / ARKA /. Armenia's trade with Poland is about
30 million euros a year, Poland's ambassador to Armenia, Zdzislaw
Raczynski, told a news conference today.
"Unfortunately, the trade amount does not show signs of growth, but
this figure does not reflect the real volume, because many Polish
goods arrive in Armenia through third countries, like Russia, Ukraine
and Turkeys," the ambassador said.
Raczynski said to date only one major Polish company is present at
the Armenian market - it is a company specializing in the production
of equipment for printing of biometric passports and ID cards.
Raczynski said this company is taking a risk by investing a lot of
money in its Armenian business. He declined to specify the amount of
its investment, saying the Armenian side is reluctant to unveil it.
"If this contract is properly implemented, it will open up new
opportunities for other Polish companies to enter Armenia", he said.
The ambassador said Polish companies that could invest in Armenia
realize that the Armenian market is faraway, and that it is blockaded
by some of its neighbors, but added that a good investor looks at
the future and understands that this situation will not last forever.
The diplomat said that Polish companies have an interest in Armenia's
processing industry, the agricultural sector (dairy products, fruits),
as well as the mining sector.
According to the Armenian Development Agency, the trade turnover
between Armenia and Poland in 2011 amounted to $20.5 million, of
which Armenian exports stood at $926,000 and imports at $19.5 million
Armenia sells to Poland beverages, salt, cement, stone, asbestos
and imports paper, sugar, pharmaceutical products. Armenia has 12
companies with Polish capital. -0-