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GEVORGYAN: ARMENIA MAY INCREASE ITS JEWELRY OUTPUT MANY TIMES AFTER JOINING CUSTOMS UNION
YEREVAN, December 4. /ARKA/. Armenia may increase its jewelry output
many times after it joins the Customs Union, Gagik Gevorgyan, the
president of the Armenian Jewelers Association, told ARKA News Agency.
He said Armenia's jewelry industry will get an excellent opportunity
for growth.
"Today Armenian goods legally reach Russia's market, which is quite
closed, with difficulties, while after joining the Customs Union
there will be no customs problems..." he said.
Gevorgyan said Armenia's jewelers will be able to export their products
to Russia, Belarus and Kazakhstan.
"Now Armenia's jewelry output is ridiculous, since it is possible
to produce as much jewelry as needed, but it is difficult to reach
foreign markets," he said.
In early September, Armenian President Serzh Sargsyan and his Russian
counterpart, Vladimir Putin, made a joint statement, according to
which Armenia has decided to join the Customs Union and to take part
in formation of the Eurasian Union in the future.
According to the National Statistical Service of Armenia, jewelry
worth AMD 15.1 billion was produced in the country in Jan-Oct 2013 -
21.8% year-on-year growth.
Export of precious and semiprecious stones, precious metals and
jewelry made of them amounted to $155.2 million in Jan-Oct 2013
(11.4% growth), and imports totaled $244.2 million (67% growth). ($1 -
AMD 403.91). ---0----
- See more at:
http://arka.am/en/news/economy/gevorgyan_armenia_may_increase_its_jewelry_output_ many_times_after_joining_customs_union/#sthash.f7sU8Rml.dpuf
YEREVAN, December 4. /ARKA/. Armenia may increase its jewelry output
many times after it joins the Customs Union, Gagik Gevorgyan, the
president of the Armenian Jewelers Association, told ARKA News Agency.
He said Armenia's jewelry industry will get an excellent opportunity
for growth.
"Today Armenian goods legally reach Russia's market, which is quite
closed, with difficulties, while after joining the Customs Union
there will be no customs problems..." he said.
Gevorgyan said Armenia's jewelers will be able to export their products
to Russia, Belarus and Kazakhstan.
"Now Armenia's jewelry output is ridiculous, since it is possible
to produce as much jewelry as needed, but it is difficult to reach
foreign markets," he said.
In early September, Armenian President Serzh Sargsyan and his Russian
counterpart, Vladimir Putin, made a joint statement, according to
which Armenia has decided to join the Customs Union and to take part
in formation of the Eurasian Union in the future.
According to the National Statistical Service of Armenia, jewelry
worth AMD 15.1 billion was produced in the country in Jan-Oct 2013 -
21.8% year-on-year growth.
Export of precious and semiprecious stones, precious metals and
jewelry made of them amounted to $155.2 million in Jan-Oct 2013
(11.4% growth), and imports totaled $244.2 million (67% growth). ($1 -
AMD 403.91). ---0----
- See more at:
http://arka.am/en/news/economy/gevorgyan_armenia_may_increase_its_jewelry_output_ many_times_after_joining_customs_union/#sthash.f7sU8Rml.dpuf