DFA: Armenia in the focus of Lithuanian business growing interest

ArmInfo. Armenia is the only  country  which is in the center of Lithuanian business. This was  stated by Alexander Izgorodin, the representative of Lithuanian  Enterpreneurs  Confederation and Innovations Center in his  presentation regarding global trade tendencies on the margins of  Competitiveness Forum. 

 "According to his words quoted by DFA, Lithuanian entrepreneurs  consider Armenia as the best platform to exit EEU markets. " It is a  new corridor for Baltian Countries investments in Armenia and for  trade, because Armenia could become a bridge between CIS countries  markets and markets of 6 Arabian countries," he mentioned.  Despite   the long geographic distance, the expert thinks that Armenia and  Lithuania have many common things: small volumes of economy,  accentuated human capital, lack of natural resources and geographic  location of countries.  

According to Rena Saribekyan, the representative of DFA in Baltic  countries, starting with 2014 the trade- economic relations between  Armenia and Lithuania are sustainably developing. "Today the textile  industry of Lithuania needs an outsourcing service and there is an  opinion existing that Armenia could conform appropriate requirements  in the sector mentioned," she mentioned.