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Armenia-Syria foreign trade suffers considerable loss

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  • Armenia-Syria foreign trade suffers considerable loss

    Armenia-Syria foreign trade suffers considerable loss

    September 14, 2013 | 02:26


    YEREVAN. - The current situation in Syria has had a negative impact on
    the Armenian-Syrian commercial ties.

    Before the start of the Syrian crisis, the Armenia-Syria trade
    turnover had totaled an annual amount of $4-5 million.

    In line with customs statistics, about $550,000 in trade was conducted
    between Armenia and Syria in the first half of 2013; this amount is
    three times less than in the first half of the year past.

    In 2013, Armenia managed to export solely 170 watches to Syria; there
    were no other exports. In previous years, Armenia was able to export
    stones and ceramic objects to Syria.

    But the imports from Syria are more diversified this year. The most
    imported items were shoes, with 45,000 pairs. It is noteworthy that
    the number of imported shoes almost doubled as compared to the
    previous year. Detergents and cleaning items are second, and grains
    are third.

    http://news.am/eng/news/171038.html




    From: A. Papazian
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