Economy

Armenia to appoint trade representatives to China, Germany and United States

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Armenia to appoint trade representatives to China, Germany and United States

YEREVAN, MAY 30, ARMENPRESS. The main mission of the Armenian government is to diversify commercial and economic directions, have better partnership with Arab, European, American and Asian markets with the goal of building multilateral and diversified economic relations, Minister of Economy Vahan Kerobyan said on May 30.

Speaking at parliamentary discussions on the budget report, the minister said that the Armenian government will soon appoint trade representatives to China, Germany and the United States. At this moment Armenia has trade representatives only in Iran and the World Trade Organization.

Trade with Iran doubled since the trade representative was appointed two years ago.”We believe this is a good indicator. But you also know that there are rather many constraining circumstances for further developing trade with Iran, the reasons are both objective and subjective. But we are now planning to appoint trade representatives in China, Germany and the United States and develop turnover with these countries as well,” Kerobyan said.

Speaking about the possibility of having a trade representative in Russia, Kerobyan said the work with the Russian market has a different nature. “We are rather open towards all Russian businessmen who are interested in relations with Armenia and we are trying not to focus on a single person or institution. The work there is diversified,” Kerobyan said.

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