Tuesday, June 4 2024 16:29
Alexandr Avanesov

Papoyan: export development strategy is almost ready

Papoyan: export development strategy is almost ready

ArmInfo.The RA Ministry of Economy has developed a draft export development strategy. This was  stated by RA Minister of Economy Gevorg Papoyan on June 4 during the discussions on the report on the execution of the 2023 state budget of Armenia.

According to him, the strategy is almost ready, a number of minor  additions remain to be made to it, after which the document will be  submitted to the RA National Assembly. "According to our estimates,  the document should be discussed in at least four NA committees," the  minister said, adding that the strategy presents the entire list of  goods that have potential for development. Experts from USAID and the  European Union took part in the development of the document, and  their efforts not only identified potential opportunities for  Armenian exports, but also expanded the geography of supplies of  domestic products. For example, a certain portion of goods can be  exported to the Middle East markets, another group - to China and the  EU countries, a third group - to Russia and the USA, etc. At the same  time, all goods are divided into four categories: existing markets -  specific goods, specific goods - new markets, new goods - existing  markets, and new goods - new markets.