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Expert: Carrefour Hypermarket's Contribution To Armenia's Export To

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  • Expert: Carrefour Hypermarket's Contribution To Armenia's Export To

    EXPERT: CARREFOUR HYPERMARKET'S CONTRIBUTION TO ARMENIA'S EXPORT TO NARROW ADVERSE BALANCE IN COUNTRY'S FOREIGN TRADE

    YEREVAN, March 16. /ARKA/. Carrefour hypermarket's contribution
    to the export of Armenian goods will narrow adverse balance in
    Armenia's foreign trade turnover, Vazgen Safaryan, chairman of the
    Union of Domestic Commodity Producers of Armenia, said Monday at a
    news conference.

    The official opening of Carrefour took place in Yerevan on March 11.

    The opening ceremony was attended by Armenian President Serzh Sargsyan.

    Christian de Nale, head of Carrefour Armenia, speaking at the opening
    said the Carrefour store in Yerevan is cooperating with Armenian
    ministry of agriculture in order to sell Armenian goods through
    Carrefour stores around the world.

    Safaryan said in this connection that export of domestic products,
    particularly dry fruits as well as fresh and canned fruits and
    vegetables, will give an impetus to development of the country's
    industry.

    In his words, Carrefour has assumed commitment to sell first of all
    Armenian products at low prices, taking into account the degree of
    consumers' solvency, and only 5% of foreign products.

    The expert also said that Carrefour will do certain work for expanding
    apricot gardens and shielding them from frost and hail by using
    Dutch technologies.

    He thinks that the presence of the French hypermarket in Armenia may
    drive prices for some French products down here, since some products
    are sold here at far higher prices than in France.

    Safaryan, welcoming Carrefour's arrival to Armenia, said that it
    is necessary to give the hypermarket an opportunity of development
    to have free competition in the country's market. Armen Poghosyan,
    head of the Consumer Association of Armenia, on his side, stressed
    the importance of Carrefour's appearance in Armenia saying that it
    will create favorable environment for development of domestic trade
    and industry.

    According to the National Statistical Service of Armenia, the country's
    trade grew 1% over 2014 to $5 920.9 million. Exports totaled $1
    519.3 million in 2014 (2.7% growth) and imports $4 401.6 million
    (0.4% growth). As a result, negative balance amounted to $ 2 882.3
    million. ---0-----

    http://arka.am/en/news/economy/expert_carrefour_hypermarket_s_contribution_to_arm enia_s_export_to_narrow_adverse_balance_in_country/#sthash.AdUIwNHx.dpuf

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