Armenia is interested in Persian Gulf and Arab country markets, says deputy minister of economic development
YEREVAN, MAY 27, ARMENPRESS. The EEU, EU, USA and Georgia remain the traditional markets for Armenia, however other significant markets can be added, Hovhannes Azizyan, deputy minister of economic development and investment said during the EEU-Armenia Cooperation annual business forum on May 27.
According to him, these markets can be the markets of Persian Gulf and other Arab countries, which have high potential in terms of purchasing power, and Armenian products can be rather interesting there with quality and peculiarities.
“Our main range of products which have export opportunity are finished products. Meaning – alcoholic and non alcoholic beverages, textile, agricultural products. At this stage, tobacco, pastry production also have great opportunities for export, however we must expand the circle of our exported range of products”, he said.
Speaking on exports of products to EEU third countries, Azizyan said that the main goal of Armenia is exporting to third countries. According to him, this is the purpose of the EEU. The deputy minister mentioned that the quality of exported Armenian products is well known in the EEU territory and major advertising campaign and awareness works aren’t required for this, unlike third country markets.