Wednesday, November 30 2016 11:57

ArmInfo. Armenian Minister of  Economic Development and Investments Suren Karayan met with Tavush  Textile LLC owner Suren Yeritsyan. 

The Ministry's press office has told ArmInfo that the interlocutors  discussed the tasks and prospects of production development.  

Suren Karayan expressed willingness to support new programs on  expansion of production. The owner of the company noted that VAT  exemption has facilitated the company's work.    

The minister stressed that he is ready to exert all possible efforts  to support the enterprises of Tavush. The sides also outlined the  prospects of further cooperation.    

Tavush Textile LLC was founded in Feb 2015 in Choratan village of  Tavush province of Armenia by Suren Yeritsyan, a businessman living  in Russia. The construction of the enterprise was launched in March  and completed in July. The enterprise employed 50 people with an  average monthly salary of 100 thsd AMD.  The company manufactures  various types of gloves. The gloves are exported to Russia and  Belarus. Today Tavush Textile employs 200 people and it is expected  to create 100 more jobs in Artsvaberd.           

To recall, on November 12, during a working visit to Tavush Province  of Armenia, Prime Minister Karen Karapetyan instructed the heads of  the local administrations to present community development programs  to the Government by late 2016. He said the priority will be given to  the most promising programs, in which the communities also assume  certain obligations and do not only expect the Government's support.  "We are going to have partner relations," he said.