ArmInfo. The Business Armenia Foundation has published a marketing package on the country's investment and industrial attractiveness in the textile sector. In addition, according to the Foundation's report, the data of studies conducted by experts are published, according to which over the past 2 years, textile production, clothing and footwear exports have increased by 35% -43% in Armenia.
Moreover, more than 40% of products are exported to the countries of the European Union. In addition to products of mass consumption, the companies of the field also supply samples of their products to local and foreign distributors.
In order to encourage investment, the government is implementing a number of assistance programs, due to which Armenia has become an attractive platform for European, Iranian, and Asian countries to organize production and enter the 180 million market of the EAEU with zero customs duties.
To note, according to the data of the National Statistical Committee of the Republic of Armenia, in the first half of 2018, exports of textile products from Armenia increased by 59% and amounted to $ 89.5 million.