Tweet
ARMENIA, ARGENTINA DISCUSS SETTING UP JOINT TEXTILE FIRM
Fibre2fashion.com
Oct 17 2013
October 17, 2013 (Armenia)
Armenia, a mountainous country in the South Caucasus region of Eurasia,
and Latin American country of Argentina have discussed setting up of
a joint textile company in near future, ARKA News Agency reported.
Speaking to reporters, after the first Armenian-Argentinean Business
Forum, organized by Armenian Development Agency (ADA) jointly with
the Embassy of Argentina in Armenia, ADA director Robert Harutyunyan
said both countries may jointly establish a textile company in the
near future.
The Argentine delegation at the Business Forum comprised of
representatives of 25 companies, including some textile firms, and
was headed by Foreign Trade Secretary Mrs. Beatriz Paglieri.
The Business Forum was aimed at promotion of trade and economic
relations between two countries and at providing an opportunity for
Armenian businessmen to present their business proposals.
Mr. Harutyunyan said Armenian textiles are already exported to
Argentina, but in very small quantities.
He added that the main objective of ADA is to explore new ways to
export Armenian products to the Argentine market.
In 2012, Armenia's total exports to Argentina were valued at US$
7.5 million.
Argentina is one of the largest foreign investors in Armenia, and in
invested US$ 76 million in the first half of this year, according to
the National Statistical Service of Armenia.
Textiles sector was one of the 11 sectors identified by the Armenian
Government in December 2011, as a part of its export-oriented
industrial policy. Subsequently, in 2012, Italian lingerie brand La
Perla invested in Armenia.
>From January to July 2013, Armenia produced 1,409 million pairs
of knitted garments and hosiery, showing a rise of 37.7 percent
year-on-year.
Fibre2fashion News Desk - India
http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=154114
Fibre2fashion.com
Oct 17 2013
October 17, 2013 (Armenia)
Armenia, a mountainous country in the South Caucasus region of Eurasia,
and Latin American country of Argentina have discussed setting up of
a joint textile company in near future, ARKA News Agency reported.
Speaking to reporters, after the first Armenian-Argentinean Business
Forum, organized by Armenian Development Agency (ADA) jointly with
the Embassy of Argentina in Armenia, ADA director Robert Harutyunyan
said both countries may jointly establish a textile company in the
near future.
The Argentine delegation at the Business Forum comprised of
representatives of 25 companies, including some textile firms, and
was headed by Foreign Trade Secretary Mrs. Beatriz Paglieri.
The Business Forum was aimed at promotion of trade and economic
relations between two countries and at providing an opportunity for
Armenian businessmen to present their business proposals.
Mr. Harutyunyan said Armenian textiles are already exported to
Argentina, but in very small quantities.
He added that the main objective of ADA is to explore new ways to
export Armenian products to the Argentine market.
In 2012, Armenia's total exports to Argentina were valued at US$
7.5 million.
Argentina is one of the largest foreign investors in Armenia, and in
invested US$ 76 million in the first half of this year, according to
the National Statistical Service of Armenia.
Textiles sector was one of the 11 sectors identified by the Armenian
Government in December 2011, as a part of its export-oriented
industrial policy. Subsequently, in 2012, Italian lingerie brand La
Perla invested in Armenia.
>From January to July 2013, Armenia produced 1,409 million pairs
of knitted garments and hosiery, showing a rise of 37.7 percent
year-on-year.
Fibre2fashion News Desk - India
http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=154114