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ARMENIA INTENDS TO WIN BACK ITS INDUSTRY NICHES IN EEU MARKET -NEWSPAPER
YEREVAN, November 25. /ARKA/. Armenia intends to be back into its
industry niches in the Eurasian Economic Union market, "Golos Armeniyi"
newspaper says.
The authors say the last months' statistics indicate reduction in
Armenian exports to Russia, which has happened not only due to apricot
crop failure this year, unlike the potato exports that have risen by
several times.
Russian ruble versus US dollar depreciation by about 30% is a much
more serious factor to the exports and is hardly encouraging Armenian
producers to sell their products in Russia.
According to the newspaper, Armenia will benefit more from exporting
processed agricultural products to the Russian market.
"In other words, it is better to export tomato paste than tomatoes,
wine than grapes, canned vegetables than the fresh ones, and etc.",
the authors say.
According to the newspaper, Armenian wines are getting more
recognizable in the world largely due to various exhibitions and
tasting events held abroad with the government support.
Armenian shoes that are made of pure leather and have competitive
advantages in price and quality can also be exported to the Russian
and the EEU market. The same should be said about Armenia textile and
pharmaceutical industries with the latter having to make its products
available in target markets, according to Golos Armeniyi.
As to the precise engineering, the newspaper says, possibilities of
cooperation within the EEU, particularly on LED (light-emitting diode)
products, are currently discussed in various committees of the Eurasian
Economic Commission. -0--
http://arka.am/en/news/economy/armenia_intends_to_win_back_its_industry_niches_in _eeu_market_newspaper/#sthash.VhC8vE49.dpuf
YEREVAN, November 25. /ARKA/. Armenia intends to be back into its
industry niches in the Eurasian Economic Union market, "Golos Armeniyi"
newspaper says.
The authors say the last months' statistics indicate reduction in
Armenian exports to Russia, which has happened not only due to apricot
crop failure this year, unlike the potato exports that have risen by
several times.
Russian ruble versus US dollar depreciation by about 30% is a much
more serious factor to the exports and is hardly encouraging Armenian
producers to sell their products in Russia.
According to the newspaper, Armenia will benefit more from exporting
processed agricultural products to the Russian market.
"In other words, it is better to export tomato paste than tomatoes,
wine than grapes, canned vegetables than the fresh ones, and etc.",
the authors say.
According to the newspaper, Armenian wines are getting more
recognizable in the world largely due to various exhibitions and
tasting events held abroad with the government support.
Armenian shoes that are made of pure leather and have competitive
advantages in price and quality can also be exported to the Russian
and the EEU market. The same should be said about Armenia textile and
pharmaceutical industries with the latter having to make its products
available in target markets, according to Golos Armeniyi.
As to the precise engineering, the newspaper says, possibilities of
cooperation within the EEU, particularly on LED (light-emitting diode)
products, are currently discussed in various committees of the Eurasian
Economic Commission. -0--
http://arka.am/en/news/economy/armenia_intends_to_win_back_its_industry_niches_in _eeu_market_newspaper/#sthash.VhC8vE49.dpuf