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Expert: Light Industry Should Be Spurred For Developing Small And Me

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  • Expert: Light Industry Should Be Spurred For Developing Small And Me

    EXPERT: LIGHT INDUSTRY SHOULD BE SPURRED FOR DEVELOPING SMALL AND MEDIUM BUSINESSES

    YEREVAN, July 2. /ARKA/. Vazgen Safaryan, chairman of Armenia's Union
    of Domestic Commodity Producers, speaking today at a news conference,
    proposed to spur light industry for developing small and medium
    businesses.

    In particular, he proposed to launch production of leathers and
    woollies.

    "Some 10 million pairs of shoes are imported into Armenia every year,
    but there is capacity for producing 5 million pairs of shoes here
    in the country, and this will satisfy the domestic demand and create
    some 3,000 jobs," he said.

    Safaryan said every year Armenia exports 3,500 to 4,000 tons of raw
    materials for producing leather to Turkey, Georgia and China.

    "Necessary steps should be taken to keep these raw materials in the
    country and use them in the domestic industry," he said adding that
    the same situation is in textile industry.

    "Now Armenia has some 4,000 tons of accumulated wool and also 1,000
    tons as annual output...This wool can be used for producing carpets
    and mattresses for the defense and health ministries, and this will
    create other 400 jobs."

    According to the National Statistical Service of Armenia,
    Armenia exported leather and fur worth $1,423,900 in Jan-May
    2013 - 4.4% year-on-year decline. ---0--- - See more at:
    http://arka.am/en/news/economy/expert_light_industry_should_be_spurred_for_develo ping_small_and_medium_businesses/#sthash.Y8Cg3wd7.dpuf




    From: A. Papazian
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