Friday, September 8 2017 14:18
Naira Badalian

Igor Nazaruk: "ARMENIA EXPO 2017" - a platform for negotiations and the search for new business contacts

Igor Nazaruk: "ARMENIA EXPO 2017" - a platform for negotiations and  the search for new business contacts

ArmInfo. The Trade and  Industry Forum "ARMENIA EXPO 2017" is a good occasion for the  participating countries to present their opportunities, share their  achievements in the economy and gain new commercial contacts. This  was stated by the Ambassador of Belarus to Armenia Igor Nazaruk at  the opening of the 17th universal regional trade and industrial forum  "ARMENIA EXPO 2017" on September 8 in Yerevan.

According to the ambassador, it is especially gratifying that the  geography and the number of participants of the Expo are expanding  year by year. "Our countries, together with Russian partners and  other members of the Eurasian Union, are making every effort to  activate the unified industrial policy, one of the goals of the  current event is precisely this process," Igor Nazaruk said.

It should be noted that according to the press service of the  Eurasian Economic Commission, throughout the first half of 2017,  there has been an increase in mutual and foreign trade in goods in  the Eurasian Economic Union (EAEC). So, in comparison with the same  period of 2016, the volume of foreign trade grew by 27.8% (by $ 63.5  billion). The volume of exports of goods increased by 29.6% ($ 41.6  billion), imports- by 24.9% ($ 21.9 billion). The positive balance of  foreign trade in goods increased from 52.1 billion dollars in January  - June 2016 to 71.8 billion dollars in January - June 2017. The  volume of mutual trade of the countries of the Eurasian Economic  Union in January-June of 2017 increased by 27% (by $ 5.3 billion) in  comparison with January-June 2016. Most significantly - 1.6 times (by  $ 1.2 billion) - increased mutual trade in metals and products from  them. The mutual trade in machinery, equipment and transport  increased by 36.5% ($ 1.1 billion), foodstuffs and agricultural raw  materials by 22.7% ($ 730 million), mineral products - by 18.6% % ($  1.1 billion). The volume of mutual trade of the Eurasian Economic 

Union in January-June 2017 amounted to 25.1 billion dollars.   According to the National Statistical Service of Armenia, the foreign  trade turnover between Armenia and Belarus in the first half of 2017  was $ 19 million, with an annual growth of 37.4%. In particular,  imports increased by 66.9% to $ 15.8 million, with a 27% drop in  exports to $ 3.2 million.

On September 8, the 17th universal regional trade and industrial  forum "ARMENIA EXPO 2017" was opened in Yerevan. Organized byevents  were made by the Union of Industrialists and Entrepreneurs of Armenia  and LOGOS EXPO Center. Every year the exhibition gathers on a single  site the largest domestic producers, entrepreneurs in the field of  industry, giving them the opportunity to present their products with  dignity and the most effective way. This year more than 120 companies  from 9 countries of the world participate in the exhibition forum:  the Republic of Armenia, the Russian Federation, the Islamic Republic  of Iran, the Federal Republic of Germany, the Republic of Belarus,  the Democratic Socialist Republic of Sri Lanka, the Arab Republic of  Egypt and the Republic of India. Expected area of exposure is 1000  m2.  The exhibition presents products of heavy, light and food  industries, mining metallurgical and chemical industries, machine  tools, stone and wood processing, jewelry, instrumentation,  electronics.

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