ARMENIAN EXPORTS DROP BY 20-25% - NEWSPAPER
YEREVAN, April 3. /ARKA/. Armenia needs to re-focus on other markets,
head of the Union of Exporters of Armenia (UEA) Raffi Mkhchyan told
Zhamanak (Time).
According to Mkhchyan, Armenia's exports dropped by 20-25% today,
as compared to the same period of the year before.
The exports fell mainly due to, first, the worsened economic situation
in the strategic partner country, Russia, and, the second, because
of the growing labor migration, the expert said.
Armenia should focus on light industry, and raise its competitiveness
in the European markets rather than restrict itself to the EEU,
Mkhchyan said as cited by the newspaper. -0--
http://arka.am/en/news/economy/armenian_exports_drop_by_20_25_newspaper/#sthash.GxHiEc2D.dpuf
From: Baghdasarian
YEREVAN, April 3. /ARKA/. Armenia needs to re-focus on other markets,
head of the Union of Exporters of Armenia (UEA) Raffi Mkhchyan told
Zhamanak (Time).
According to Mkhchyan, Armenia's exports dropped by 20-25% today,
as compared to the same period of the year before.
The exports fell mainly due to, first, the worsened economic situation
in the strategic partner country, Russia, and, the second, because
of the growing labor migration, the expert said.
Armenia should focus on light industry, and raise its competitiveness
in the European markets rather than restrict itself to the EEU,
Mkhchyan said as cited by the newspaper. -0--
http://arka.am/en/news/economy/armenian_exports_drop_by_20_25_newspaper/#sthash.GxHiEc2D.dpuf
From: Baghdasarian