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Expert Says Situation In Russia Will Stabilize By Summer And Armenia

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  • Expert Says Situation In Russia Will Stabilize By Summer And Armenia

    EXPERT SAYS SITUATION IN RUSSIA WILL STABILIZE BY SUMMER AND ARMENIAN PRODUCERS WILL RESUME THEIR EXPORTS IN FULL

    YEREVAN, March 27. / ARKA /. The situation in the Russian market will
    stabilize by summer and Armenian producers will be able to resume
    their exports to that country in full, Vazgen Safaryan, chairman of the
    Union of Domestic Commodity Producers, told a news conference today.

    He said the latest developments in Russia suggest that the ruble is
    moving towards stabilization and besides, some European countries
    are advocating easing the sanctions against Russia.

    "All this together will lead to the stabilization of the situation
    in Russia by summer, which will allow Armenian exporters to return
    to its market in full," said Safaryan.

    He stressed that despite this general trend Armenian producers need
    to work together and develop a mobilization economic policy that will
    allow them to diversify their export markets.

    An economist Vilen Khachatryan said the expected increase in oil
    prices will help the Russian economy to stabilize and help the ruble
    to become stronger. -0-

    http://arka.am/en/news/economy/expert_says_situation_in_russia_will_stabilize_by_ summer_and_armenian_producers_will_resume_their_ex/#sthash.QXSa960j.dpuf



    From: Emil Lazarian | Ararat NewsPress
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