April 1, 2011 - 15:51 AMT
Armenian goods competitive in foreign markets, MP says

Chairman of the Armenian National Assembly Standing Committee on Financial, Credit and Budgetary Affairs Gagik Minasyan said that export grew by 30% compared to the same period of last year, while import increased by 7%, what is an encouraging fact.

“Taking into consideration the developments, export indices will be correlated to those of import, what is an evidence of our products competitiveness in foreign markets,” Minasyan told a press conference on April 1.

According to him, this refers not only to minerals and raw materials, but also to products of the agricultural processing industry, construction materials, gemstones and gold items.

“In my opinion, the trends are rather positive,” concluded Minasyan.