Armenia intends to fill vacant Russia market nichesSeptember 7, 2022 - 14:08 AMT PanARMENIAN.Net - Armenian companies engaged primarily in the production of drinks, wine and textiles may fill the market niches that have become vacant after international companies left Russia, Minister of Economy of Armenia Vahan Kerobyan said in an interview with RTVI. "Now our companies, one after another, are signing major contracts for the export of drinking water, sparkling water, juice,” the Minister said. Contracts for the supply of Armenian textile to Russia, according to him, "are being recorded every day." Kerobyan noted that Russian food chains "are paying attention to Armenian wine" and "there are many new contracts." "Yes, [so far] Armenian wine is not that popular in Russia, although it is already of very good quality," he added. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Russia clarifying reports on Baku’s alleged arms supply to Ukraine Russia says is carefully working to verify reports about alleged arms supplies from Azerbaijan to Ukraine Russia warns Armenia against “falling into West’s trap” Zakharova maintained, however, that anything that will benefit the people of Armenia can only be welcomed. CSTO: Armenia has not participated in secretariat’s work recently Recently Armenia has not participated in the work of the secretariat of the CSTO, Imangali Tasmagambetov said. Meeting with U.S., EU not against third parties, says Armenia The meeting scheduled for April 5 is dedicated to strengthening of the Armenia-EU-US cooperation, Yerevan added. |