| Finport.am"/>



 Tuesday, November 14 2017 12:54

13 companies from Armenia producing alcoholic drinks, in Shanghai participate in the exhibition "Pro Wine China 2017>

ArmInfo. 13 companies from Armenia, producing alcoholic beverages, participate in the exhibition "Pro Wine China 2017" from November 14 to 16 in Shanghai.

According to the source, With the support of the Development Foundation of Armenia and Vine and Wine Foundation of Armenia, local 13 wine, brandy and other alcoholic beverage producing companies participate in "ProWine China 2017" expo, that will take place in Shanghai, China from 14th to 16th of November. Armenian wine and brandy production are presented in a single pavilion. The sector is one of the government's priorities, therefore the participation of companies with export potential has been co- financed through state support. 

"ProWine China" is the largest exhibition of the sector, with 650 companies from 37 countries participating this year, and over 12.000 importers and professionals expected to visit. The representatives of both foundations have made preliminary cognitive work with international buyer organizations and distributors, to achieve demand for Armenian products.

The Asian market is a target for Armenia, where, according to experts of two foundations, Armenian production is competitive due to the combination of millennial traditions of winemaking and the latest technology. Today, Armenian wine and brandy are exported to over 25 countries worldwide.

The CEO of Development Foundation of Armenia, Armen Avak Avakian has mentioned: "The Asian market is a new yet perspective export direction for the Armenian companies. We have big plans: the government has created favorable conditions for winemaking and brandy, and the interest of investors and international buyers in the field is also evident. As a result, in different regions of Armenia the number of vineyards grows, new factories are established, and this direction of tourism attracts more visitors to our country".   

The executive director of Vine and Wine Foundation of Armenia, Zaruhi Muradyan stated: "In the birthplace of wine, in Armenia the vitivinicultural sector is experiencing renaissance and by participating in this expo, as a country introducing the royal drink to the humanity, we once more engage in gaining world market share. Armenian wine and brandy are full of unique taste and have all the preconditions to be competitive in international market".

As a reminder, in order to promote export and international recognition, the heads of two foundations have signed a joint venture agreement on September 5th, 2017.

POST A COMMENT
Input digits     


News
In Armenia, service sector revenue growth slowed down by December  2024In Armenia, service sector revenue growth slowed down by December  2024
30,916 children born in Armenia in first 11 months of 202430,916 children born in Armenia in first 11 months of 2024
Armenia`s trade turnover surpassed $14 billion in 11 monthsArmenia`s trade turnover surpassed $14 billion in 11 months
Narek Mkrtchyan: Average insecurity benefit in Armenia to increase  from 33,350 to 49,330 AMDNarek Mkrtchyan: Average insecurity benefit in Armenia to increase  from 33,350 to 49,330 AMD
Armenia`s communications revenue slowed in growthArmenia`s communications revenue slowed in growth
 Cargo transportation in Armenia decreased by 10.2% in 11 months,  while passenger transportation increased by 18.1% Cargo transportation in Armenia decreased by 10.2% in 11 months,  while passenger transportation increased by 18.1%
Overchuk calls Armenia`s decision to launch EU accession process as  start of its EAEU exit   Overchuk calls Armenia`s decision to launch EU accession process as  start of its EAEU exit   
Armenia`s energy output 5.9% up by Dec 2024 as compared with Dec 2023 Armenia`s energy output 5.9% up by Dec 2024 as compared with Dec 2023 
RA State Revenue Committee explains tax bill submission procedures in  2025 RA State Revenue Committee explains tax bill submission procedures in  2025 
Armenian producers to take part in PRODEXPO-2025 exhibitionArmenian producers to take part in PRODEXPO-2025 exhibition
Armenia`s Ministry of Finance, Ministry of Economy exchange functions Armenia`s Ministry of Finance, Ministry of Economy exchange functions 
Armenia, U.S. to initiate working group to strengthen enforcement of  export controls for dual-use goodsArmenia, U.S. to initiate working group to strengthen enforcement of  export controls for dual-use goods
Foreign investments flow from offshore Jersey to Armenia resumedForeign investments flow from offshore Jersey to Armenia resumed
Armenia, Iran must continue cooperation in all fields - minister Armenia, Iran must continue cooperation in all fields - minister 
Aghasi Tavadyan: Real incomes of Armenian families experienced   growthAghasi Tavadyan: Real incomes of Armenian families experienced   growth
Ameriabank Raises $200 Million from IFC, Marking the Largest Transaction by IFC ever with a Financial Institution in ArmeniaAmeriabank Raises $200 Million from IFC, Marking the Largest Transaction by IFC ever with a Financial Institution in Armenia
ARMSWISSBANK JOINS COMMUNITY OF RESPONSIBLE BANKS AS A UNEP FI MEMBERARMSWISSBANK JOINS COMMUNITY OF RESPONSIBLE BANKS AS A UNEP FI MEMBER
Armenia, Iran to expand cooperation in industry, agriculture tourism Armenia, Iran to expand cooperation in industry, agriculture tourism 
Armenia`s membership in EAEU extremely important for country`s  economy - Samvel Karapetyan Armenia`s membership in EAEU extremely important for country`s  economy - Samvel Karapetyan 
In 2024, Armenia saw 7% decrease in tourist arrivals compared to 2023In 2024, Armenia saw 7% decrease in tourist arrivals compared to 2023
Yeraskh metallurgical plant to start mass production in  February-March this yearYeraskh metallurgical plant to start mass production in  February-March this year
Minister of Economy: Exiting EAEU is not on government`s agendaMinister of Economy: Exiting EAEU is not on government`s agenda
Gevorg Papoyan: Amulsar project to boost Armenia`s economy with an  extra $120 mln in annual taxesGevorg Papoyan: Amulsar project to boost Armenia`s economy with an  extra $120 mln in annual taxes
Risks of exiting EAEU are obvious: Finance MinisterRisks of exiting EAEU are obvious: Finance Minister
Gevorg Papoyan on the Gevorg Papoyan on the "Dry Port" project: We are also considering a  more detailed study for final economic impact calculations 
Armenia`s ministry of finances revises GDP growth forecast down Armenia`s ministry of finances revises GDP growth forecast down 
WB loan to be spent on modernizing three electric power substations WB loan to be spent on modernizing three electric power substations 
Head of Armenia`s State Revenue Committee, U.S. ambassador to Armenia  highlight importance of creating more effective mutual trade  environment Head of Armenia`s State Revenue Committee, U.S. ambassador to Armenia  highlight importance of creating more effective mutual trade  environment 
Government`s economic policy success - minister Government`s economic policy success - minister 
Armenia`s public funds to meet CB-set requirements Armenia`s public funds to meet CB-set requirements 
What economic growth would Armenia record but for re-exportWhat economic growth would Armenia record but for re-export
IRI Chief Customs Officer: Iran`s largest share of exports within  EAEU belongs to Russia, Armenia and KazakhstanIRI Chief Customs Officer: Iran`s largest share of exports within  EAEU belongs to Russia, Armenia and Kazakhstan
Armenian interbank foreign exchange market inactive in first week of  2025Armenian interbank foreign exchange market inactive in first week of  2025
In Armenia, wine production decreased by 27.1% over 11 months, while  cognac production increased by 4.9%In Armenia, wine production decreased by 27.1% over 11 months, while  cognac production increased by 4.9%
By December 2024, the industrial sector saw an increase in its growth  rateBy December 2024, the industrial sector saw an increase in its growth  rate
In 2024, Armenia`s inflation rate  was 1.5%  In 2024, Armenia`s inflation rate  was 1.5%  
In Armenia, economic activity growth slowed down from 9.4% to 7.4% in  January-November 2024In Armenia, economic activity growth slowed down from 9.4% to 7.4% in  January-November 2024
Armenia`s unemployment rate rose from 12% to 13.3%  Armenia`s unemployment rate rose from 12% to 13.3%  
Armenia`s Trade Unions Head: Changes in working hours will not impact  the country`s economic growth Armenia`s Trade Unions Head: Changes in working hours will not impact  the country`s economic growth 
Armenia`s premier reports 400% increase in Armenia-EU passenger  traffic over last 7 yearsArmenia`s premier reports 400% increase in Armenia-EU passenger  traffic over last 7 years
Mayler company to invest AMD 12bln in Yegipatrush ski resort in 2025Mayler company to invest AMD 12bln in Yegipatrush ski resort in 2025
WB to help Armenia implement water programmeWB to help Armenia implement water programme
Overchuk: EAEU and EU are incompatible. Yerevan will have to make a  choiceOverchuk: EAEU and EU are incompatible. Yerevan will have to make a  choice
In January, Armenia will submit its proposed amendments to the  intergovernmental agreement on television broadcasting to the Russian  side In January, Armenia will submit its proposed amendments to the  intergovernmental agreement on television broadcasting to the Russian  side 
Mkhitar Hayrapetyan: The way Armenia uses satellite images does not  concern our Spanish partnersMkhitar Hayrapetyan: The way Armenia uses satellite images does not  concern our Spanish partners
In 2024, Syunik Airport operated 71 flights between Yerevan and KapanIn 2024, Syunik Airport operated 71 flights between Yerevan and Kapan
David Khudatyan on the construction of a nuclear power plant: We are  considering proposals not only from the Russian Federation and the  United States, but also from other countriesDavid Khudatyan on the construction of a nuclear power plant: We are  considering proposals not only from the Russian Federation and the  United States, but also from other countries
EIB to grant EUR 10.1mln to Armenia for energy efficiency programme  in Yerevan EIB to grant EUR 10.1mln to Armenia for energy efficiency programme  in Yerevan 
Sisian-Kajaran section of North-South project planned to be completed  by end of 2031 Sisian-Kajaran section of North-South project planned to be completed  by end of 2031 
Railway passenger traffic 4.6% up in Armenia in 2024Railway passenger traffic 4.6% up in Armenia in 2024
Luys Foundation: Following the results of 2024, Armenia`s economic  growth  may be below 5.8%Luys Foundation: Following the results of 2024, Armenia`s economic  growth  may be below 5.8%
Armenia`s State Treasury experienced a revenue loss of 224 bln AMD in  2024Armenia`s State Treasury experienced a revenue loss of 224 bln AMD in  2024
Cadastral map in Kirants changed: Suren Tovmasyan refrains from  commenting on delimitation commission`s actions Cadastral map in Kirants changed: Suren Tovmasyan refrains from  commenting on delimitation commission`s actions 
Housing transactions in Armenia increased by about 13%Housing transactions in Armenia increased by about 13%
Head of Cadastre Committee warns against unauthorized building  projects Head of Cadastre Committee warns against unauthorized building  projects 
Ardshinbank s Nominal Forest Has Been PlantedArdshinbank s Nominal Forest Has Been Planted
AMD 59bln subvention programmes implemented in Armenia in 2024AMD 59bln subvention programmes implemented in Armenia in 2024
UMI to equally cover all insured persons - bill UMI to equally cover all insured persons - bill 
EAEU major actor in international economic relations - RF MFA EAEU major actor in international economic relations - RF MFA 
12.5% of Lydian Armenia CJSC stock gifted to the RA Government12.5% of Lydian Armenia CJSC stock gifted to the RA Government
Read more
Exchange rates
15.01.2025
RUB3.880.01
USD398.090.31
EUR410.312.27
GBP486.782.05
CAD277.530.93
JPY25.390.19
CNY54.300.04
CHF436.652.44