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Does Argentina Have An Eye On Armenian Mines?

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  • Does Argentina Have An Eye On Armenian Mines?

    DOES ARGENTINA HAVE AN EYE ON ARMENIAN MINES?

    http://www.a1plus.am/en/politics/2013/06/28/argentine
    03:04 PM | TODAY | POLITICS

    Both Armenia and Argentina have developing economies and ample
    opportunities for boosting economic cooperation, says Diego Ernesto
    Alvarez Rivera, Ambassador Extraordinary and Plenipotentiary of
    Argentina to the Republic of Armenia.

    Today the ambassador attended the seminar "Bilateral trade and
    Investment Opportunities" held at the RA Chamber of Commerce. During
    the event, the Argentinean official presented the economic situation
    in his country and the collaboration in the sector between Armenia and
    Argentina.

    "The countries can find avenues for cooperation in all spheres.

    Argentina is best known for its mining industry which is not fully
    developed in Armenia," he said.

    Argentina exports more goods to Armenian than Armenia exports to
    Argentina, however, the volume of turnover is increasing every year.

    "In 2012, the volume of exports totaled $5.76 mln, increasing by $1.75
    mln as compared to 2010. The volume of imports from Armenia amounted
    to 0,5 mln dollars," said the ambassador.

    Diego Ernesto Alvarez Rivera says Argentina's economy is largely based
    on agricultural goods. Argentina exports to Armenia tobacco, butter,
    milk, milk powder, frozen poultry, etc, while Armenia sends to
    Argentina mainly ferromolybdenum, books, brochures, ceramic products,
    kitchen and office supplies, as well as wine.




    From: A. Papazian
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