Ministry of Agriculture: Export of horticultural crops of Armenia to EEU markets has increased 90% 

ArmInfo. The export of horticultural crops of Armenia to the EEU member states' markets has increased by 90%, Armenian Deputy Minister of Agriculture Armen Harutyunyan said at a press conference on August 12.  

"This is one more evidence of the fact that the work we did within the EEU was effective. The EEU market is the most convenient for our agricultural products," he said. The deputy minister explained the growth of export indicators with a number of factors, especially stressing the facilitation of the procedure of entry of Armenian goods into the Eurasian market. Harutyunyan pointed out that the Ministry is also going to increase the output of the processing industry.

The deputy minister said that in the framework of cooperation between the Armenian Ministry of Agriculture and the EEU, 12 working groups have been set up. They carry out their activities through video conferences. At the same time, negotiations are being held to set up exchanges of agricultural products in order to enhance the efficiency and the competitiveness of the EEU member states' agrarian sectors.         

One more positive factor of Armenia's EEU membership is the country's involvement in the process of signing of free trade agreements with the third countries, including Vietnam, Israel, Iran, China, India, etc.

According to the National Statistical Service of Armenia, in Jan-June 2016, Armenia's foreign trade turnover increased by 2.7% to 2.3 bln USD. In particular, exports grew by 16.7% to $815 mln, with imports dropping by 3.7% to $1.5 bln.