Tuesday, June 13 2017 18:41
Naira Badalian

Ministry of Economic Development and Trade of Armenia offers a recipe for increasing trade with Tajikistan

ArmInfo.Even in the case of  partial implementation of the project for processing jewelry on  tolling from Tajikistan, the Armenian-Tajik commodity turnover will  reach $ 10-12 million, advisor to the Minister of Economic  Development and Investments of Armenia Gagik Mkrtchyan told ArmInfo  on the margins of the third session of the Armenian-Tajik  intergovernmental commission on Economic issues, which took place on  June 13 in Yerevan.

According to Mkrtchyan, the trade turnover between the two countries  is so small that the National Statistical Service last time cited  data on it for the end of 2015, according to which this indicator was  fixed at $ 390 thousand - Armenia's export amounted to $ 387  thousand, and from Tajikistan to Armenia - $ 4 thousand. Armenia  exported mainly medicines used in veterinary medicine and jewelry to  Tajikistan.

Meanwhile, according to the expert, the foreign trade turnover can be  expanded to several million USD.  "There are quite good gold mines in  Tajikistan, technological opportunities of refineries, this gold is  mainly deposited, we offer a certain part of this gold, provide  Armenia with a tolling scheme - we will recycle it and return it in  the form of jewelry. We both will be winners," Gagik Mkrtchyan said.