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Armenia can triple its exports to Russia, Tatul Manaseryan says

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  • Armenia can triple its exports to Russia, Tatul Manaseryan says

    Armenia can triple its exports to Russia, Tatul Manaseryan says


    YEREVAN, August 25. / ARKA /. Armenia can triple its exports to Russia
    by adding products of military-industrial complex to the export of
    traditional agricultural products, according to Tatul Manaseryan, the
    head of Yerevan-based think-tank called Alternative.

    Earlier this month Russian president Vladimir Putin ordered one-year
    limitations on food and agricultural imports from countries that have
    issued sanctions against Russia over its actions in Ukraine. The ban
    extends to all U.S. agricultural imports and to fruits and vegetables
    from the European Union.

    Speaking at a news conference today Manaseryan argued that if Armenia
    manages to integrate into the military-industrial complex of Russia by
    offering its scientific and technical products 'because Western
    sanctions against Russia include also technology', it will succeed
    dramatically because 'of unlimited demand for high-tech products in
    Russia.".

    According to Manaseryan, all these questions should be raised and
    discussed during a visit by Russian prime minister Dmitry Medvedev to
    Armenia, scheduled for September 8-9.

    In a related development Gagik Makaryan, the chairman of the National
    Union of Employers, said today the Russian market may help Armenian
    companies to increase production of wines, juices, mineral water and
    canned food by 30 percent this year alone and to double the output in
    2015.

    According to the National Statistical Service, Armenia's trade
    turnover with Russia in the first half of 2014 amounted to $596
    million, a decrease of 0.5 percent compared to the same period last
    year. Exports from Armenia to Russia dropped by 6.4 percent to $133.9
    million, while imports from Russia grew by 1.4 percent to $462
    million.-0-


    http://arka.am/en/news/economy/armenia_can_triple_its_exports_to_russia_tatul_man aseryan_says/#sthash.ePnpmPky.dpuf

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